TON Continues Uptrend, Telegram Founder's "Pump Signal" Leads to Over 72% Cumulative Gain
BlockBeats News, May 6th, according to an exchange market data, TON has surpassed $2.3, currently trading at $2.367, with a 24-hour price increase of 24.9%.
On May 4th, Telegram founder Pavel Durov announced on his personal channel that Telegram will replace the TON Foundation as the driving force behind TON and become its largest validator. TON has surged from $1.375 on May 4th to today's $2.367, representing a total increase of about 72.15%.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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European Central Bank Governing Council member and Governor of the Bank of Spain, Escrivá, stated: "Private stablecoins are essentially unable to anchor the monetary system; their stability relies on confidence in their backing, and this confidence may disappear precisely when it is needed most."
