Binance to List Telegram (TON) Token as Price Jumps 10% Binance will add the Telegram (TON) token to its listing as the price increases by 10%.
Binance, one of the biggest cryptocurrency exchanges globally, is preparing to add the Telegram Open Network (TON) token to its list of available currencies. The announcement introduced the release of TON perpetual contract with a leverage of 50%. Afterwards, the token’s value increased by 10% after the news was released. TON is a layer-1 blockchain created by the messaging app Telegram. The privacy-focused app has introduced new initiatives that have enhanced the overall worth of the company’s ecosystem. The app has just introduced a new 50% ad-revenue sharing plan that is starting today. Additionally, Telegram’s cryptocurrency wallet integration has caused its value to rise by 15%. In recent days, the popularity of a widely used messaging app has been on the rise. Telegram has revealed that it will distribute half of its significant advertising revenue to the owners of channels. The announcement of the payout being in Toncoin (TON) resulted in an increase in its overall worth. This surge has only grown stronger with recent positive developments.