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AI-generated trading idea · LONG · TON
Toncoin soars 15% on Telegram rebrand to Gram — ride the crypto momentum
Telegram's blockchain project, The Open Network, announced it is rebranding its Toncoin token to Gram, sending the price sharply higher.
Idea
Telegram founder Pavel Durov announced a rebrand of Toncoin to Gram, calling it a return to the project's roots. This fresh narrative has already pushed the token up 15% as enthusiasm builds. Major rebranding events in the crypto space often attract fresh attention and buying pressure from retail traders. This momentum could carry the newly named token even higher in the short term as the market digests the news.
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- TON jumps 15% as The Open Network plans rebrand to Gram — Cointelegraph