Bitget and Foresight Ventures will allocate $20 million for the development of the TON ecosystem. A release about this was published today. Quote:
“…The TON Ecosystem Fund aims to support early-stage TON projects and provide liquidity on the#Bitgetplatform. The initiative aims to take advantage of TON's projected growth in 2024, fueled by Telegram's 900 million monthly users. Over the past two months, the total value locked in the TON ecosystem has increased fivefold and reached $600 million..."
Earlier at the end of last week, Pantera Capital announced that it had raised capital for a second investment in TON. And in May it was reported that the Pantera Capital fund made “the largest investment in its history” in TON. Which then supported the#TONCOINcourse quite well. The amount was not mentioned, but it was assumed that it was about $250 million.
Judging by the charts and news,#TONand#NOTcan warm up/support for going to new ATHs. Although the latest daily candles for#TONCOINlook ambiguous - the upward structure there still remains. Well,#NOTCOINwas already sorted out yesterday and today, opening a deal.
