The secret behind Toncoin’s success
Release: 2024/08/02 20:26 Reading: 652
Toncoin: A Rising Star in the Cryptocurrency Realm
Since its inception, Toncoin has exhibited an unstoppable surge, with Telegram edging towards a staggering one billion monthly active users.
Toncoin's Meteoric Rise
Toncoin has ascended through the ranks of the largest cryptocurrencies, surpassing Cardano and Avalanche with a market capitalization that has doubled to $17 billion within just seven months. It is poised to overtake Dogecoin, another crypto giant.
Behind Toncoin's Success
- Telegram Integration: Toncoin's integration into the immensely popular Telegram messaging app has played a pivotal role in its growth.
- Self-Custodial Wallet: Telegram's self-custodial wallet allows users to make crypto payments seamlessly within the app.
- Mini Apps: The launch of Telegram's Mini Apps further cements its position as a comprehensive "super app" like WeChat in China.
Telegram's Growing Dominance
Telegram boasts an impressive 950 million monthly active users, with its sights set on reaching a billion. The introduction of a mini app store and in-app browser indicates Telegram's bullish stance on blockchain technology.
Hamster Kombat Phenomenon
The viral success of Hamster Kombat on Telegram showcases the app's ability to catapult digital assets into the mainstream.
Concerns and Challenges
While Toncoin's trajectory appears unstoppable, concerns arise from Telegram's potential as a "dark web" with unregulated sales of illicit goods. This issue, coupled with its support for crypto payments, could draw the attention of regulatory bodies worldwide.
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