TON Price Pumps After Telegram CEO Says Token Will Be Rebranded to Gram
Telegram is taking the reins of The Open Network, years after abandoning the project—and it plans to adopt Toncoin's originally planned name....
Key takeaways
- 1Telegram CEO announced TON token will be rebranded to Gram, its originally planned name.
- 2TON price surged 11.83% following Telegram's decision to take control of The Open Network.
- 3Telegram is resuming active management of The Open Network years after initially abandoning the project.
Coins in this story
Why it matters
This signals major institutional backing for a Layer-1 blockchain, potentially strengthening TON's ecosystem credibility. For Indian retail investors, Telegram's involvement could drive adoption and utility through its massive user base, though regulatory clarity on crypto projects remains crucial in India.
Explore how Memes is shaping crypto markets — aggregated stories, leading coins, and weekly momentum.
Explore narrativeRelated stories
Nvidia Releases Its Best Open AI Model Yet—But Still Lags Behind China
Nvidia launched its best open-source AI model yet, but still trails China's top AI systems in performance benchmarks. The advancement matters for crypto markets as AI infrastructure drives blockchain scaling and smart contract capabilities. Major cryptos like Bitcoin and Ethereum faced slight declines today, reflecting broader market caution around tech developments and geopolitical AI competition.
DuckDuckGo Launched Duck AI. Now Their Hit Product is 'No AI'
DuckDuckGo's launch of Duck AI highlights growing consumer skepticism toward AI integration in search. The privacy-focused search engine is now marketing "No AI" as a competitive advantage, signaling market demand for AI-free alternatives. This reflects broader concerns about data privacy and AI reliability. For Indian crypto investors, this trend underscores why privacy-centric projects gain traction during AI hype cycles.
Elon Musk's SpaceX Warns $1.75 Billion IPO Investors of Potential Future Share Dilution
SpaceX is warning IPO investors about potential future share dilution as the company raises $1.75 billion. This signals management's commitment to transparency regarding ownership stakes. The warning reflects broader market volatility, with major cryptocurrencies like Bitcoin down 3.82% and Ethereum declining 0.81%. For Indian investors tracking tech-backed assets, this highlights risks in venture-stage equity positions and capital allocation strategies during uncertain market conditions.