The price of Toncoin reacted with growth to the praise of the TON blockchain from Durov

The rate of the native cryptocurrency TON rose by 9% after the founder of Telegram announced significant investments in the project from venture funds and quoted the praises of "the brightest minds of Silicon Valley".

Durov noted that the last month has been good for the ecosystem: TON attracted over $400 million, and major investors publicly supported the project.

At the same time, all the opinions expressed by Durov emphasize that the success of the project depends on the integration of TON and Telegram.

Benchmark partner Peter Fenton stated that the potential growth of Telegram users to 1.5 billion by 2030 "creates an unprecedented opportunity in human history to ensure widespread financial flows," implying the use of the TON network in them.

The partnership between TON and Telegram was cited as an example of good work by Ribbit founder Mickey Malka, Draper Associates founder Tim Draper, and Sequoia Capital partner Sean Maguire.

After Durov's publications on the evening of March 26, the price of Toncoin began to rise. By 13:20 Moscow time on March 27, it had increased from $3.56 to $3.88. Over the course of a day, TON gained 7.1%, while the overall cryptocurrency market showed a decline.