• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Toncoin Price Jumps 20% After Pavel Durov's Passport Return

user avatar

by Giorgi Kostiuk

5 hours ago


On a day when most crypto assets traded steadily, Toncoin astonished with a sharp price rise.

Toncoin's Sudden Price Surge

On Saturday, Toncoin's price soared by 20%, reaching a 12-day peak of $3.5. Such a sharp price movement surprised most market participants.

Durov's Passport Return

The catalyst for this price surge was the TON Foundation's announcement that French authorities had returned Pavel Durov's passport. This followed the last summer's events where Telegram's founder was arrested on suspicions related to the app's operation.

Market Reaction and Price Movement

This news immediately affected Toncoin's value, with the price skyrocketing by 20%. It broke the $3 resistance and reached up to $3.5 before correcting.

This news marks a significant moment of resolution. With nearly a billion users worldwide, Telegram represents a global movement committed to the freedom of communication and the inalienable right to privacy.

Recent events have demonstrated how external factors can swiftly impact cryptocurrency values. Durov's passport return was a growth signal for Toncoin amid a positive market response.

0

Share

Other news

Bitcoin Open Interest Increase and Its Market Impact

Prices and weak demand push Bitcoin investors towards caution.

user avatarGiorgi Kostiuk

11 minutes ago

Qubetics: Opportunities and Prospects of the New Cryptocurrency

Qubetics offers innovative blockchain solutions with high ROI potential and real utility. Learn all about this project's aspects.

user avatarGiorgi Kostiuk

16 minutes ago

U.S. Regulators Under Pressure as Coinbase Demands Clarity

Coinbase seeks transparency from U.S. regulators, filing Freedom of Information Act requests for clarity on regulatory actions.

user avatarGiorgi Kostiuk

21 minutes ago

Arctic Pablo Coin: A Second Chance for Crypto Investors

Arctic Pablo Coin offers new opportunities for investors after Brett's success with its unique presale structure.

user avatarGiorgi Kostiuk

21 minutes ago

Trump's Trade War: Impacts on Various Industries

How is Trump's trade war affecting the U.S. economy? Discover which industries are thriving and which are struggling due to the imposed tariffs.

user avatarGiorgi Kostiuk

22 minutes ago

Comparing Solana, Polkadot, and Qubetics in the Crypto World

Overview of Solana and Polkadot's roles and the emergence of Qubetics in blockchain.

user avatarGiorgi Kostiuk

23 minutes ago

dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.