Cryptocurrency Supported by Telegram CEO Rises 60 Percent

Telegram CEO Pavel Durov supported Toncoin, the adaptation of TON Protocol, which Telegram had to leave in 2020.

CEO Pavel Durov shared about Toncoin on his official Telegram channel on December 23. About the project in sharing;

After saying goodbye to TON last year, I was hoping new developers would continue our vision of a massive blockchain platform. I was inspired to see the Telegram coding champions continue to develop the project and rebrand as Toncoin. I am proud that the project we have created is open to development. TON would still be several years ahead of other projects in terms of scaling and speed in terms of technology. I would be disappointed to see that the project did not do any good for humanity. As a different project from the original TON, Toncoin is independent of telegram. I wish the Toncoin team the same success as us. With the right marketing strategy, they can do good work.

made statements.

The CEO emphasized that there is no connection between his statements and Telegram and Toncoin. Despite this, some observers said the company had left the door open and that the SEC had litigated the company. 2023 valid until thelaunch any cryptocurrencyHe thinks he violated the ban.

Launched by Telegram in 2018 Telegram Open Network (TON) project is a blockchain-based decentralized computer network technology. telegram, 2020 in the year SECAs a result of the litigation process initiated by interim injunction He had to leave the project after taking it. Also, after his departure from the project, Telegram announced that the project’s local cryptocurrency “gram“Users who pay without receiving He sought to pay back his money..

An executive of Ton Labs, who was the developer of the TON blockchain before Telegram left the project. Fedor Skuratov “The real question is whether the US justice system is willing to explore the link between Telegram and Toncoin, and whether Turov has the time and money to handle a new lawsuit.” said.

In addition, with the statement made by Durov, the purpose of To show the US regulator that the technology he has developed is unstoppable Skuratov, who thought he wantedWhile supporting Toncoin, he also officially broke off from the project.” he added.

Data from CoinMarketCap after support sharing from Telegram CEO 60% rise showing Toncoin, at the time of writing the news from $3.76 being traded

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