Toncoin, the native cryptocurrency of Telegram’s The Open Network Blockchain (TON) surged by 1.5% in the last 24 hours after dipping by nearly 20% following the arrest of Telegram CEO Pavel Durov.
Concerns about the future of the messaging app Telegram and associated cryptocurrencies, such as Toncoin (TON) from The Open Network, have arisen following the arrest of Pavel Durov.
Toncoin (TON) the native crypto asset of Telegram’s The Open Network (TON) ecosystem surged by 12% following an announcement by Binance that the token would be listed for trading on August 8.
Bitcoin, the primary crypto asset, witnessed a significant dip in price which affected other crypto assets and resulted in the liquidation of $420 million worth of long positions by crypto traders.
Toncoin is the native cryptocurrency of the Open Network Blockchain (TON) developed by Telegram.
The crypto market added $80 billion in one day following a current bull run which resulted in various Altcoins gaining significant value.
