Toncoin price stabilizes at $2 after Gram rebrand, is a rally to $3 next?

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TON is rebranding its native token from Toncoin ($TON) to Gram (GRAM), the original name from the white paper. TON remains the blockchain name while Gram becomes the native currency name only. $TON surged 15% as this rebrand marks step four of Pavel Durov’s “Make TON Great Again” plan. The Open Network ecosystem triggered a […] The post TON Surges 15% as The Open Network Eyes a Gram Rebrand appeared first on Live Bitcoin News.

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Telegram founder Pavel Durov says it is “returning to our roots — and starting a new chapter” by rebranding Toncoin to Gram.

Toncoin (TON) roared higher on Monday, climbing about 11% and pushing above roughly $2.30 earlier in the day before cooling slightly. The jump came after Telegram founder and CEO Pavel Durov announced that The Open Network’s native token will be renamed from Toncoin to “Gram” over the next three weeks. TON Shift To ‘Gram’ Durov said the rebranding is more than marketing. “TON’s native currency is becoming Gram,” he wrote, adding that “Gram was the original name of TON’s currency in the first white paper.”  In his message, he described the move as a return to the network’s roots and the start of what he called “a new chapter.” He also framed the rename as “step 4 of 7 to Make TON Great Again,” referring to a broader roadmap he has disclosed in his personal Telegram channel since May.  Durov stated that the blockchain will remain called TON, and that the three-week transition will not require holders, validators, or DeFi integrations to take action. Existing TON balances, he said, will c

TON has rallied after Telegram founder Pavel Durov said the network’s native token will revert to its original name, Gram. According to Durov, Gram was the original name of the token in TON’s original white paper, while TON will remain…

Telegram is taking the reins of The Open Network, years after abandoning the project—and it plans to adopt Toncoin's originally planned name.

Toncoin price jumped as Bitcoin revisited support below $72,000. Bulls took advantage of Telegram-related news of a rebrand to GRAM token to push TON above $2.27. If buyers dominate, Toncoin could edge past $3.00 next. Toncoin rose by nearly 20% and touched highs of $2.27 on Monday, June 1, as traders digested a surprise rebrand […] The post Toncoin price soars as Telegram eyes TON’s rebrand to GRAM appeared first on CoinJournal.