Decoding TON’s Rally: $400M VC Trust Vote & Strong On-Chain Signals
- TON rebounds as 10% of holders return to profit after a prolonged downtrend.
- Telegram founder announces $400 million investment from Silicon Valley firms.
- Exchange outflows signal strong accumulation, pointing to bullish momentum.
The Open Network’s TON token is making a strong recovery, defying recent market odds after a prolonged downtrend.
On-chain data indicates about 10% of TON holders are now back in profit, a significant shift from when nearly all holders were at a loss, signaling renewed bullish interest in the Telegram-linked token.
What’s Fueling TON’s Renewed Confidence?
This resurgence largely follows Telegram founder Pavel Durov revealing major investments into the project from top Silicon Valley VC firms.
On March 26, Durov stated that prominent funds including Sequoia, Benchmark, Ribbit, Draper, and VY Capital had collectively invested over $400 m…
The post Decoding TON’s Rally: $400M VC Trust Vote & Strong On-Chain Signals appeared first on Coin Edition.
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Decoding TON’s Rally: $400M VC Trust Vote & Strong On-Chain Signals
- TON rebounds as 10% of holders return to profit after a prolonged downtrend.
- Telegram founder announces $400 million investment from Silicon Valley firms.
- Exchange outflows signal strong accumulation, pointing to bullish momentum.
The Open Network’s TON token is making a strong recovery, defying recent market odds after a prolonged downtrend.
On-chain data indicates about 10% of TON holders are now back in profit, a significant shift from when nearly all holders were at a loss, signaling renewed bullish interest in the Telegram-linked token.
What’s Fueling TON’s Renewed Confidence?
This resurgence largely follows Telegram founder Pavel Durov revealing major investments into the project from top Silicon Valley VC firms.
On March 26, Durov stated that prominent funds including Sequoia, Benchmark, Ribbit, Draper, and VY Capital had collectively invested over $400 m…
The post Decoding TON’s Rally: $400M VC Trust Vote & Strong On-Chain Signals appeared first on Coin Edition.
Read More