Toncoin Surges 11% After Telegram CEO Announces Rebrand to 'Gram'
By
Ronaldo Marquez
10d ago· 3 min readenNews
80/100
Golden Brown
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An everything bagel for the brain. Substantive, layered, well-seasoned.
Score80TypenewsSentimentpositive
Summary
Toncoin (TON) surged about 11% on Monday, breaking above $2.30 after Telegram CEO Pavel Durov announced the native token will be rebranded from "Toncoin" to "Gram" over the next three weeks. Durov described the rebranding as a return to the network's original roots, noting that "Gram" was the currency's original name in the first white paper. The price rally reflects positive market sentiment around the announcement.
Key quotes
· 3 pulledTON's native currency is becoming Gram.
Gram was the original name of TON's currency in the first white paper.
Bullish Shift For TON: Price Breaks Above $2 Following Telegram CEO's Gram News
Toncoin (TON) roared higher on Monday, climbing about 11% and pushing above roughly $2.30 earlier in the day.
