TON’S Rally Expected To Continue As Investor Excitement Increases

• TON’s price was able to climb by more than 38% in 7 days after the recent TRON Space announcement.
• Many people believe TON’s price will continue to rise due to investor excitement and favorable momentum surrounding the project.
• At press time, TON was worth $2.36 after its price slipped by more than 3% over the past day.

Over the past week, Toncoin (TON) turned heads with an impressive price rally. Many believe that the altcoin’s success could be attributed to the recent unveiling of TON Space by Telegram.

The exciting announcement was made on 13 September and revealed that TON Space, a Telegram application feature, will provide access to a cryptocurrency self-custody wallet for its vast user base of more than 800 million users. This announcement has also led to an increase in investor optimism as they believe this new project will boost TON’s adoption.

This is especially important following TON’s brush with the U.S. Securities and Exchange Commission (SEC) in October 2019. The SEC alleged that Telegram has unlawfully offered unregistered securities in the form of a token known as “GRAM”.

Nevertheless, it seems like the currency positivity …

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