menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Cryptography News

>

Toncoin Su...
source image

Coindoo

1M

read

255

img
dot

Image Credit: Coindoo

Toncoin Surges Over 20%: Here’s What’s Fueling the Rally and What Could Be Next

  • Telegram's $1.5 billion bond raise with a 9% yield and 20% IPO discount is attracting institutional giants like BlackRock and Citadel, indicating a move towards an IPO.
  • Proceeds from the bond sale will be used to retire Telegram's 2021 bonds maturing in 2026, sparking bullish sentiment around the ecosystem, including Toncoin.
  • Telegram CEO announced a strategic partnership with Elon Musk's xAI, integrating AI product 'Grok' into Telegram platform, monetizing Telegram more aggressively and boosting Toncoin's value.
  • Toncoin is experiencing a bullish technical breakout, with analysts targeting a horizontal resistance at $4.55, expecting a 39% increase from the breakout point.

Read Full Article

like

15 Likes

For uninterrupted reading, download the app