# Telegram's crypto Toncoin jumps 15% on 'Gram' rebrand — trade the name-change buzz

_AI-generated trading idea · LONG · TON_

> Canonical page: https://commonquant.ai/research/for-you/telegram-s-crypto-toncoin-jumps-15-on-gram-rebrand-trade-the--a9ca53dc-707e-4bca-ab07-2d0336f1f166

The Open Network, a cryptocurrency closely tied to the Telegram messaging app, announced it is changing the name of its Toncoin token back to "Gram." The news instantly excited traders and pushed the price up by 15%.

## Idea

In the crypto world, big announcements and rebrandings often create short-term excitement that attracts a wave of new buyers. Because this token is linked to Telegram's hundreds of millions of users, this name change brings fresh attention to the project. The founder's statement about "starting a new chapter" gives traders a compelling story to rally behind. This kind of momentum often continues for several days as the news spreads across social media.

## Key details

- Symbols: TON
- Timeframes: 4H
- Tags: \#crypto, \#rebrand, \#momentum

## Community

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## News sources

- [TON jumps 15% as The Open Network plans rebrand to Gram](https://cointelegraph.com/news/the-open-network-ton-native-currency-plans-to-rebrand-to-gram) — Cointelegraph

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