Toncoin rate: “Durov, where’s the fire?!” 🔥
2024 was a real holiday for Telegram — revenue exceeded $1 billion, and there were more than $500 million left in the cash register (and this is without even taking into account cryptocurrencies!). But Toncoin, which usually reacts quickly to all the news about Pavel Durov and the messenger, this time pretended that nothing happened. 😶
What happened to TON?
When Durov announced that Telegram had become profitable for the first time, the Toncoin rate rose by only 4 cents — from $5.42 to $5.46. This is not even 1%!
And it was not like this before! 😲
• September 2023: Integration of TON Wallet into Telegram — the TON rate soars, the coin enters the top 10 cryptocurrencies. 🚀
• August 2024: Durov's arrest in Paris — TON loses 15% and falls out of the top 10. 🕳️
• June 2024: All-time high of $8.25 — success thanks to TON blockchain games like Hamster Kombat. 🐹💥
Why is it quiet now?
Experts believe that disappointment in gaming tokens like Notcoin (down 77% 😱) and Hamster Kombat (down 62% in three months 🐹💔) has made users more cautious. And the TON ecosystem itself is suffering from problems.
What's next? 🤷♂️
Analysts are sure that TON's success depends on whether projects can retain users and offer them something really interesting.
