Toncoin

Notcoin

(Friday 06 July 2024, 06:45 AM GMT):Toncoin (TON) is rapidly becoming a standout in the cryptocurrency market. The Open Network (TON), associated with Telegram, is thriving despite past regulatory challenges faced by Telegram’s blockchain endeavors. Thanks to its integration with Telegram, TON has captured the interest of Telegram&#39;s massive user base of 900 million monthly active users.According to <a href="https://defillama.com/chain/TON?currency&#61;USD&amp;price&#61;true&amp;tvl&#61;true" rel="noopener noreferrer nofollow">DeFiLlama</a>, TON&#39;s Total Value Locked (TVL) has skyrocketed by over 475% in 2024. On January 1, 2024, the TVL was just $14 million. Today, it has surged to an impressive $670 million.<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/94146baad8cc43e5bc3af22c70fec62f.png" />Currently, Toncoin, the native token of the network, is trading at $7.48 with a market cap of $18.74 billion.A significant milestone for TON was onboarding 1 million wallets during the token generation event for Notcoin, a viral <a href="https://coinsprobe.com/top-3-tap-to-earn-project-to-play-for-profits-like-notcoin/" rel="noopener noreferrer nofollow">Tap-to-Earn</a> game available as a Telegram Mini App. The popularity of the <a href="https://coinsprobe.com/notcoin-not-price-prediction/" rel="noopener noreferrer nofollow">Notcoin </a>game has significantly boosted the visibility of the TON ecosystem worldwide.The Open Network&#39;s origins trace back to a blockchain project initiated by Telegram, the popular messaging platform, which raised $1.7 billion through two private token sales in 2018.

Toncoin (TON): The Telegram-Backed Project Sees Rapid Growth with 475% TVL Increase

CoinsProbe

Other articles published on Jul 6, 2024

Navigating Bitcoin’s July Recovery: A Detailed Look at BTC Price Targets

Fuk MT Gox Memecoin Will Skyrocket 17,000% as KuCoin Listing Announced, While SHIB and Dogecoin S...

MoonBag Becomes the Top Crypto Presale as Render and Ripple Face Major Downfall

Grayscale Ethereum Trust Shifts To Premium Before ETF Launch

Shiba Inu Whales Reappear to Boost SHIB Price With 176% Activity Surge

XRP Surges as Lawsuit Nears Conclusion; Vitalik Buterin Invests in New Blockchain; Lithium Financ...

Join our free newsletter for daily crypto updates!