TON, backed by Telegram's TON Blockchain, has reached a significant milestone, breaking its previous all-time high to surpass $6.4. This surge, marking a nearly 126% increase over the past month, has propelled TON's market capitalization to $22 billion, surpassing ADA to become the ninth-largest cryptocurrency, with sights set on DOGE.
TON Society, an integral part of the TON ecosystem, has initiated a digital identity reward program in collaboration with HumanCode, leveraging biometric scanning technology. Users can verify their human identity on the blockchain through palm scanning on smartphones, ensuring scalability, privacy, and decentralization. As part of this program, 1 million TON tokens, approximately $6.3 million, will be distributed to participants, with validators receiving a soul-bound token as proof of verification.
Tim Zhang, founder of HumanCode, assures users of privacy protection by directly extracting palm images onto users' phones for secure scanning, ensuring unauthorized access to the server cannot reconstruct palm images.
Ekin Tuna, Development Director of the TON Foundation, highlights the initiative's aim to facilitate scalable, private, and decentralized digital identities, enabling broader participation in the Web3 ecosystem.
TON has experienced significant activity in recent months, benefiting from its association with Telegram:
Pantera Capital's investment in TON, fueled by Telegram's vast user base, signals optimism for TON's role in mainstream crypto adoption. Challenges remain, but with Pantera's backing, TON aims to become a widely embraced blockchain network in the near future.
JoyValour updates VDAB10 ETP basket: Adds Shiba Inu and Toncoin, removes Polkadot and Tron. Reflects market shifts and regulatory compliance. Demonstrates commitment to transparency and innovation in digital asset investment.
Huang BoElon Musk's transformation of Twitter into the "everything app" X includes integrating cryptocurrency for seamless financial transactions, but faces regulatory challenges in Australia due to content issues, shaping the future of social media and finance.
WeatherlyTelegram's integration of Tether onto its TON blockchain opens up global payment possibilities for its 900 million users, potentially transforming it into a WeChat-like platform for the West, while raising questions about TRON's future with Tether.
AnaisToncoin (TON) has surged over 112% in the past month, driven by a $115 million incentive program and the popularity of Notcoin, a Play-to-Earn game. Recent hints at an IPO by Telegram's co-founder have further fueled TON's meteoric rise, reaching a new all-time high of $7.65 in April 2024.
WeatherlyToncoin (TON) surpasses Dogecoin (DOGE) in market cap, hitting $7.10 with a 10% gain. Its 92.73% surge in a month and ambitious goals, fueled by key developments and a vibrant community, solidify its position as a top player in the crypto landscape.
Huang BoNotcoin's conversion rate for in-game coins to crypto tokens is set at 1,000 to 1 NOT, ensuring fairness for all players. The project also aims to combat bot activity and introduce innovative monetisation strategies, fostering a dynamic gaming ecosystem.
JoyTONcoin, Telegram's digital currency, sees a surge amid IPO speculation. The platform's innovative TON network and potential IPO plans drive optimism despite market fluctuations.
Xu LinTelegram is considering going public in the United States, with its user base surpassing 900 million. Meanwhile, its blockchain platform TON has experienced a 25% surge. The introduction of enterprise features showcases Telegram's vision for future business development. Microcosm Labs is confident in TON's potential and calls for more entrepreneurs and investors to join the ecosystem.
BerniceOf the 50 largest airdrops, 23 (46%) recorded token price peaks within two weeks of the airdrop date. This suggests that the best time to sell airdrop tokens may be within 14 days of receiving the airdrop tokens for maximum profit.
JinseFinanceSleek, a Web 3.0 social network, innovates with Sleek Card and plans a marketplace for tokenizing expertise.
Kikyo
Coinlive The users of Celsius, a failed cryptocurrency lending platform, might still receive their Flare tokens after today’s distribution event.
OthersTelegram users can now buy and sell cryptocurrencies without leaving the app. The Open Network (TON) is a fully decentralized Layer 1 blockchain designed by Telegram to onboard billions of users
M6 LabsCheck out the guide to be potentially eligible for Scroll's airdrop.
TristanCoinlive Following the recent Aptos airdrop, there are more opportunities for free tokens in the near future.
Beincrypto
NulltxAirdrop hunters flocked to the MetaMask Swap and Polygon networks in an attempt to qualify for a possible token distribution from the popular cryptocurrency wallet provider.
Cointelegraph