Toncoin (TON) staged an all-time high run to hit $4.45, surged by 20% in just 24 hours and 62% in 30 days.
Analysts believe that the price is reacting to the recent report that Telegram would introduce an advertising platform.
With the explosive run of the broad market pushing the total market cap to a whopping amount of $2.74 trillion, Toncoin, the native crypto of the Telegram Open Network (TON) rides the wave, smashing through previous records to establish a new all-time high of $4.45. This asset made a dramatic entry into this position after surging by 20% in the last 24 hours, 62% in the last seven days, and 109% in the last 30 days.
Toncoin has now surpassed the likes of Chainlink (LINK) and Polkadot (DOT) to become the twelfth largest crypto with a market cap of $14.74 billion. In September 2023, TON entered into the top ten largest coins by market cap as formerly captured by Crypto News Flash. Its 24-hour trading volume also surged by 30% within the period to reach $354 million

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