Toncoin

Million

According to Cointelegraph, Toncoin received an investment of $8 million from Mirana Ventures. 
The TON blockchain, which will be used in Telegram's new advertising platform, continues to attract significant investment from Web3 players. 
At this point, Mirana Ventures purchased $8 million from the network's native token, Toncoin. Mirana Ventures became the last company to invest in the TON ecosystem. 
It was stated that this investment is planned to be used in ongoing product developments including TON Foundation, Bybit and Ethereum Layer 2 Mantle Network. 
Many industry players are looking to gain an early mover advantage by allocating capital and leveraging the TON ecosystem and its built-in connection with Telegram, said Steve Yun, president of the TON Foundation. 
After the news, TON price started to rise. 
<img decoding="async" class="alignnone size-full wp-image-136680" src="https://www.bitcoinsistemi.com/wp-content/uploads/2024/03/Ekran-Resmi-2024-03-06-17.53.41.png" alt="" width="1018" height="508"> 
*This is not investment advice. 
 Continue Reading: <a href="https://en.bitcoinsistemi.com/telegram-supported-altcoin-received-million-dollar-investment-price-reacted/">Telegram Supported Altcoin Received Million Dollar Investment, Price Reacted!</a>

Telegram Supported Altcoin Received Million Dollar Investment, Price Reacted!

Bitcoin Sistemi EN

Other articles published on Mar 6, 2024

$600M Liquidation On Bitcoin (BTC) As Price Hits Resistance At $67,000; NuggetRush Emerges As The...

Analyst Predicts Surge in Altcoin and Highlights Bitcoin and Cardano Trends

Bitstamp Secures MAS Approval for Digital Payment Token Services

Traditional Exchanges’ Volatility Outpaces Bitcoin

What Makes Retik Finance (RETIK) A Standout Crypto in 2024, Set To Hit $5 From Under $0.2?

SEC Members Criticize Agency’s Approach to Cryptocurrency Regulation

Join our free newsletter for daily crypto updates!