Toncoin (TON), the native token of the Telegram Open Network (TON), is experiencing a meteoric rise after a major investment from venture capital giant Pantera Capital. The news sent positive vibes through the crypto market, propelling TON’s price over 30% in the weekly timeframe, and reigniting investor enthusiasm for the project. Source: Coingecko Related Reading: $20 On The Horizon For XRP? Unpacking A Potential 650x Surge And What It Means Pantera Bets Big On TON’s Mass Adoption Potential Pantera Capital, a leader in blockchain investments, has made a significant move by placing a hefty bet on the Toncoin ecosystem. While the exact investment amount remains undisclosed, industry whispers suggest it could surpass the $250 million Pantera spent on discounted Solana (SOL) tokens last year. This strategic investment underscores Pantera’s belief in TON’s potential to become a mainstream cryptocurrency. Source: Pantera Capital “We’ve invested heavily in TON because it has the unique ability to introduce crypto to the masses,” declared Pantera Capital in a recent blog post. They point to TON’s seamless integration with Telegram, a ..
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