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Cryptocurrency markets continue to grow, and companies in the field keep receiving investments. Today’s development was intriguing. A cryptocurrency project supported by Telegram, with 800 million users, received investment from an Asia-based investment fund.
TON Coin News
Animoca Brands, a venture capital firm focused on gaming and the metaverse, announced its investment in the TON ecosystem. Following this investment, the company became the largest validator in the TON network. The TON ecosystem, with Telegram’s backing, continues to grow, and TON Play has recently been attracting investors‘ attention. Amid the rising interest in P2E projects, the team has taken a significant step, and support from Telegram’s 800 million users could help it succeed.
The TON Coin price, which has been unable to close above $2.47 for several days, is trying to surpass this region again. At the time of writing, the price has crossed the critical threshold and, with the support of the news, could maintain its momentum and reach levels of $2.51 and $2.60. If TON Coin manages to close above $2.72, it could test the $3 peak, which means a potential double-digit percentage increase from the current price.
- Telegram-backed TON gains significant investment.
- TON Play engagement hints at ecosystem growth.
- TON Coin’s price eyes pivotal $3 landmark.
