Toncoin, the native cryptocurrency of the TON blockchain, experienced a significant increase in price, rising by more than 60% in two days and reaching a two-year high, following announcements related to Telegram's potential initial public offering (IPO). Pavel Durov, the CEO of Telegram, hinted at the possibility of an IPO for the messaging app, which led to a surge in Toncoin's value, with increases of 38% and 62% reported shortly after the news broke. Additionally, Toncoin jumped by 26.95% amid the IPO considerations.
🧠 The Dencun upgrade is live on the Gnosis chain and is set to boost Ethereum's Layer-2 performance. $TON jumped by 26.95% after Toncoin reached a two-year high amid Telegram's IPO consideration. 🌐 Explore More: https://t.co/oLcWPiATJr #TheCryptoArk #Bybit https://t.co/733A5VV9zm
JUST IN: $TON NOW UP 62% ON THE WEEK AFTER WORD OF TELEGRAM IPO
.@ton_blockchain's native token, toncoin, has risen by more than 60% in two days after Pavel Durov, founder of messaging app @telegram, revealed plans for an IPO. @oknightcrypto reports https://t.co/S4zsLgYa54
JUST IN: $TON COIN JUMPS 38% AFTER TELEGRAM CEO REVEALS POTENTIAL IPO LISTING FOR THE SOCIAL APP
Toncoin (TON), the native cryptocurrency of the @ton_blockchain, pumped in price after @Telegram CEO Pavel Durov teased a potential IPO. Click to read: https://t.co/4BJf5wxDFf
Toncoin Price Hits Two-Year High as Telegram Weighs Going Public ► https://t.co/miXcc2GHBx https://t.co/miXcc2GHBx