TON Token Records Impressive 11% Intraday Gain Post Pantera Investment

• Pantera Capital invests in TON, boosting its global crypto network potential.
• TON token’s value surges 11.29% in 24 hours, reaching $5.287.
• Technical indicators point towards continued bullish momentum for TON

Pantera Capital has announced its investment in TON, a Layer 1 network developed with origins in Telegram and now driven by the open-source community. This investment highlights the firm’s belief in TON’s potential to expand cryptocurrency accessibility significantly, leveraging Telegram’s robust user base of over 900 million monthly active users. 

Pantera Capital announced its investment in TON and expressed confidence in TON’s ability to introduce cryptocurrencies to the masses due to its widespread use on the Telegram network, telegram is the only major platform that can incorporate Web3 into an open blockchain network…

— Wu Blockchain (@WuBlockchain) May 3, 2024

Pantera Capital sees TON’s integration with Telegram as a key step toward making it one of the largest crypto networks globally. As reported in an official blog post, TON, integrated within this platform, benefits from Telegram’s vast reach and seamless user experience.

In Ja…

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