🚀 Toncoin Surges After Telegram’s $300M Grok AI Power Move

Toncoin (TON) jumped over 13%, hitting $3.35, following a game-changing partnership between Telegram’s TON Foundation and Elon Musk’s xAI.

📈 The Catalyst:

Telegram is integrating Grok AI—developed by Musk’s xAI—into its platform. In return, Telegram receives $300M in a mix of cash, shares, and 50% of subscription revenue from the AI-enhanced chat service.

🔗 Key Developments:

• Former Visa exec Nikola Plecas joins TON Foundation as VP of Payments to scale TON’s global infrastructure.

• TON Foundation will repurchase Telegram’s 2021 bond debt, while Telegram seeks to raise $1.5B via new bonds backed by BlackRock, Mubadala, and Citadel.

• Over 1 billion users on Telegram drove $1.4B in 2024 revenue, with $540M profit.

📊 Price Action:

• TON currently trades at $3.35, facing resistance at the 200-period EMA ($3.45) on the 12-hour chart.

• A daily close above this level could fuel a breakout past $3.50 and signal a strong uptrend.

🧠 Strategy Note:

With Plecas leading payment infrastructure and Grok AI on deck, TON is positioning itself as a next-gen payments and messaging platform with deep AI integration.

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