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Toncoin Taps The All-time-high Sparking Investors Interest. Why is Toncoin Rising Today?

Toncoin Taps The All-time-high Sparking Investors Interest. Why is Toncoin Rising Today?
Author: Mansi Patodi
09-Apr-2024
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Toncoin has set a new lifetime high record of $6.98 (in USD) and INR600 (in INR). Crypto has managed to lead the list of top 10 cryptocurrencies by market cap, surpassing Cardano in ninth rank.

On April 09, 2024 Toncoin experienced an astronomical surge of 25.64% over the past 24 hours driving the attention of crypto enthusiasts and offering profit opportunities to its supporters.

This surge of TON is backed by a manifold of events. Pavel Durov, the founder of Telegram, has recently announced plans to pay the advertisers and content creators on the platform with TON crypto, triggering a rise in the network's activity and leading to a surge in Toncoins' value.

Furthermore, The Open Network, formerly Telegram Open Network, has recently joined hands with Humancode, a biometrics company, to launch an incentive program. The program is meant to distribute $5 million worth of TON to the participants of Humancode's palm-scanning "Proof of personhood" system. Users will receive 1 million Toncoins by connecting their wallets and scanning their palms.

This AI-driven partnership between Toncoin and Humancode has further propelled the recent breakout of Toncoin.

Is it a good time to buy Toncoin?

With the growing community, use cases and ventures. Toncoin holds a promising future. However, it is always advisable for investors to conduct a thorough research (DYOR) and calculate the associated risks before investing in any cryptocurrency.

Where can I buy Toncoin in India?

Flitpay is the best crypto exchange to buy Toncoin in India, and it has the lowest fees and real-time prices.

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