# Toncoin rebrands to Gram and spikes 15% — ride the momentum on TON

_AI-generated trading idea · LONG · TON_

> Canonical page: https://commonquant.ai/research/for-you/toncoin-rebrands-to-gram-and-spikes-15-ride-the-momentum-on--d46cc26e-2e95-4d61-a356-883d1af5f2f2

Telegram is rebranding its associated cryptocurrency, Toncoin, back to its original name 'Gram.' The news has already pushed the price up 15% as the founder declares it a new chapter for the network.

## Idea

Major brand refreshes and strong endorsements from tech founders often attract waves of new buyers in the crypto market. Since this announcement just broke, the initial 15% jump could be the beginning of a larger wave of speculation rather than the end. With the founder explicitly backing the project, it creates a compelling story that could keep retail interest high. This makes it a good moment to bet the price continues climbing over the next several days.

## Key details

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