TON under $30? Durov will be cut CU...
Pantera Capital has just made a big move with TON:
- They have invested an additional $20 million into Toncoin through two investment funds, with the participation of 29 major investors.
- This is the second time Pantera has placed a strong bet on TON, following an investment described as the "largest in history" in May 2024 (though the specific amount was not disclosed).
What makes Pantera still believe in TON?
1️⃣ Confidence in the TON ecosystem:
- TON remains a highly promising blockchain platform with support from Telegram, despite legal challenges and the cooling trend of Mini-apps.
2️⃣ Smart capital flow:
- Pantera is not just making a one-time investment but continues to invest, indicating they see long-term potential in this ecosystem.
3️⃣ The ecosystem is expanding:
- TON continues to grow robustly with Mini-apps, DeFi, and Memecoin projects, offering greater growth potential.
However, challenges still remain:
Durov's legal issues:
- The CEO of Telegram is facing some legal barriers, causing some investors to remain hesitant.
Mini-apps cooling off:
- The trend of Mini-apps on TON is no longer as hot as before, but the ecosystem is still seeking new solutions to maintain its growth momentum.
You all have the right to hope that TON will continue to "fly" strongly in the near future.
Anyone who wants to be poor forever should Short $TON
