Toncoin (TON) continues to outperform the cryptocurrency market. The altcoin, which has risen over $2.7 with a 35% increase in the last 24 hours, is thought to have surged due to the launch of Telegram’s advertising platform. It appears that Telegram is preparing to launch an advertising platform that will enable users and channel owners to have various financial rewards. In this context, Toncoin is considered to play a significant role during this process.
Impact on Telegram and Toncoin (TON)
Following the announcement by Telegram, the unveiling of the advertising platform seems to have caused a noticeable increase in Toncoin’s price. The promise of advertising revenue for investors and the platform’s growing reach are seen as crucial for the wider adoption of Toncoin within Telegram’s ecosystem.
Users who own channels on Telegram are said to benefit significantly from the advertising platform. During this process, it is among the rumors that channel owners could receive 50% of the advertising revenue in Toncoin.
With this upcoming adjustment, content creators are expected to be more active on the platform, and the demand for Toncoin is anticipated to increase day by day.
Development of the TON Blockchain
Telegram’s decision to conduct advertising payments and withdrawals through the TON blockchain reaffirms its commitment to efficiency and security.
The integration of Toncoin into Telegram’s advertising ecosystem aims to ensure continuity and create value.
Content creators will be able to sell their Toncoins for cash or use their TONs for channel promotion and upgrades. This is interpreted as a development that will support growth and innovation within the platform.
Toncoin (TON) Price Status
TON’s price continues to lead the market’s top earners, surpassing even the rise of BTC. In the past 24 hours, TON’s price, which rose by 35% but then fell slightly, is at $2.62, indicating an increase of over 20%.
On the other hand, TON’s market capitalization and 24-hour trading volume continue to rise. A 22% increase in market capitalization has lifted TON to a value of 9 billion dollars, while the 24-hour trading volume has seen an incredible rise of 347%, surpassing 220 million dollars.
