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via CoinDesk · By CoinDesk Staff

Toncoin surges 36% as Telegram replaces TON Foundation and slashes fees

TON

TON/USDT

$1.563

-1.88%

$1.563

-1.88%

(24s)

24h Volume

$4,106,870.45

24h H/L

$1.616 / $1.527

Change: $0.0890 (5.83%)

Data provided by COINOTAG DATALive data

TON

Daily

$1.555

▼ -0.77%

Volume (24h): -

Resistance Levels

Resistance 3$1.7188

Resistance 2$1.6305

Resistance 1$1.5662

Price$1.555

Support 1$1.5116

Support 2$1.3955

Support 3$1.321

Pivot (PP):$1.5573

Trend:Downtrend

RSI (14):40.6

CoinDesk Staff

(11:39 AM UTC)

1 min read

Reviewed byDavid Kim

1092 views

0 comments

The market is repricing TON as a Telegram-led ecosystem again, not just a foundation-run chain with a messaging app narrative attached.

Toncoin (TON) is rallying as messaging app Telegram takes a more direct role in the token's parent network and pushes for lower transaction costs, a shift that seems to be driving the move.

TON has rallied more than 36% in the past 24 hours, hitting a four-month…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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Source

CoinDesk Staff · CoinDesk

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