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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.
Pavel Durov said in a Telegram channel post that The Open Network's native cryptocurrency will be renamed from Toncoin to Gram over the next three weeks, restoring the 2018 whitepaper name the SEC blocked. The token climbed as high as $2.21.
Telegram's control over TON could centralize blockchain governance, impacting decentralization ideals and reshaping investor confidence. The post Telegram rebrands TON coin to GRAM, announces Pavel Durov appeared first on Crypto Briefing.
The rebranding to Gram may strengthen community ties and enhance recognition, potentially boosting adoption and development on the TON blockchain. The post Toncoin rebranding to Gram as TON blockchain returns to its roots appeared first on Crypto Briefing.
