Binance to List Toncoin Following Surge in Telegram Apps

Thursday, 8 August 2024, 10:26
Telegram has recently introduced ad revenue sharing, benefiting channel owners with a 50/50 profit split paid out in Toncoin (TON). Additionally, Tether's launch of its USDT stablecoin on the Toncoin network marks a significant milestone for this cryptocurrency. The increased focus on Toncoin comes at a time when Telegram's user base continues to expand, highlighting the platform's potential in the financial sector. Overall, the developments around Toncoin and Telegram signal promising opportunities in the cryptocurrency market.
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Binance to List Toncoin Following Surge in Telegram Apps

Recent Developments with Telegram and Toncoin

In February, Telegram initiated a new ad revenue sharing model, allowing profits to be split 50/50 with channel owners. This revenue is now paid out in Toncoin (TON), boosting interest in the cryptocurrency. Furthermore, Tether has successfully launched its USDT stablecoin on the TON network as of April, significantly enhancing Toncoin's credibility.

Implications for the Cryptocurrency Market

  • Increased Adoption: The rise in Telegram's popularity and its new features can lead to wider adoption of Toncoin.
  • Market Opportunities: The partnership with Tether presents opportunities for Toncoin to gain traction and use cases.

In conclusion, these advancements position Toncoin as an attractive investment in the rapidly evolving cryptocurrency landscape.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

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