Toncoin hits $13.96B market cap amid Durov debacle

Toncoin reached a significant milestone with 1.1 million daily users, but its market experienced turbulence following the arrest of Telegram CEO Pavel Durov.

Toncoin has recently achieved remarkable success within The Open Network (TON) ecosystem, surpassing 1.1 million daily active users (DAUs) and reaching a market capitalization of $13.96 billion.

According to IntoTheBlock (ITB) data, Toncoin (TON) broke the DAUs milestone on May 13 and held the highest market cap in the TON ecosystem as of Aug. 26.

This rise to the top market cap position in the TON ecosystem came just two days after Telegram CEO Pavel Durov was arrested after his plane landed at Le Bourget airport outside Paris.

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Toncoin reached a significant milestone with 1.1 million daily users, but its market experienced turbulence following the arrest of Telegram CEO Pavel Durov.
Toncoin has recently achieved remarkable success within The Open Network (TON) ecosystem, surpassing 1.1 million daily active users (DAUs) and reaching a market capitalization of $13.96 billion.According to IntoTheBlock (ITB) data, Toncoin (TON) broke the DAUs milestone on May 13 and held the highest market cap in the TON ecosystem as of Aug. 26.This rise to the top market cap position in the TON ecosystem came just two days after Telegram CEO Pavel Durov was arrested after his plane landed at Le Bourget airport outside Paris.Read more