Messaging app Telegram is gaining significant momentum, with founder and CEO Pavel Durov revealing plans for a potential initial public offering (IPO). This announcement has coincided with a notable price surge for Toncoin (TON), the native cryptocurrency of The Open Network.
Telegram’s IPO Plans Fuel Toncoin Rally
Durov disclosed in a Financial Times interview that Telegram now boasts 900 million monthly users, up from 500 million in 2021. The company has generated substantial revenue through subscriptions and advertising, nearing profitability.
Key highlights:
- Telegram rejected investment offers exceeding $30 billion to avoid venture capital influence.
- An IPO would "democratize access to Telegram’s value," according to Durov.
Toncoin’s Price Performance
TON’s price peaked at $3.84**—a two-year high—before settling at **$3.70 (19% daily gain).
📈 Price Trends:
- +37% over 7 days
- +75% over 30 days
👉 Explore Toncoin’s latest metrics
Factors Driving Toncoin’s Growth
Telegram Integration:
- Revenue-sharing with channel owners paid exclusively in TON.
- Self-custody crypto wallet launched within Telegram.
Notcoin Hype:
- Viral Telegram game Notcoin (27M players) will airdrop NOT tokens on TON.
FAQ Section
Q: Why is Toncoin rising?
A: Telegram’s IPO plans and deeper TON integration have boosted investor confidence.
Q: How is Telegram using Toncoin?
A: Ad revenue payouts and in-app crypto wallets leverage TON.
Q: What’s Notcoin’s role?
A: Its upcoming token launch on TON is driving additional attention.
👉 Stay updated on crypto trends
Disclaimer: This content is for informational purposes only and not financial advice.
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