Telegram-linked blockchain project, TON, is set to focus on growth in the US market under the incoming administration of US President-elect Donald Trump.
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“Our mascot will make appearances at major events, providing unique experiences for our users,” the DOGS team announced.
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In the latest Cointelegraph video, we break down the rise, recent challenges, and future potential of The Open Network (TON).
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Despite TON’s TVL dropping more than 50% since July, Bitget Wallet and Foresight Ventures have given another boost to Telegram’s Mini App ecosystem.
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According to DemandSage, Telegram boasts approximately 950 million monthly active users and has raised over $4 billion since its launch.
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The newly launched Society DAO aims to address a wide range of issues related to decentralization and fair access to capital in the TON ecosystem.
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Jack Booth of the TON Society discussed the future of decentralization, the impact of CBDCs, and the path to mass crypto adoption.
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The prediction raises a hopeful sign for the struggling DeFi sector, which has been underperforming other crypto niches like memecoins and smart contract platform-related tokens.
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TON’s Toncoin cryptocurrency will “likely outperform” spot returns of Bitcoin in a bullish scenario in the coming years, Bitget predicted.
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With the new investment, Bitget and Foresight expect to increase their involvement in the TON’s governance and future development plans.
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