🚀 Toncoin Jumps After Telegram’s $300M Grok AI Deal — Here’s What You Should Know
Hey, if you’re keeping an eye on Toncoin ($TON ), now might be a good time to pay closer attention.
Telegram just made a major move—partnering with Elon Musk’s xAI to bring Grok, his conversational AI, directly into the Telegram app. The deal is worth a whopping $300 million in cash and shares, plus Telegram gets 50% of subscription revenue from the AI chat service. That's a serious play.
This partnership isn’t just about adding AI—it’s a broader signal of Telegram positioning itself as a tech powerhouse. With over 1 billion users, they’re also looking to raise $1.5 billion through bonds, backed by big names like BlackRock, Mubadala, and Citadel. Part of that strategy includes the Ton Foundation repurchasing its 2021 bond issuance.
On top of that, TON just brought in Nikola Plecas, a former Visa executive, as VP of Payments. His job? Build out and scale TON’s global payment infrastructure—think new rails, better interoperability, and wider access to TON-based financial tools. This kind of leadership can really move the needle.
Naturally, the market responded. $TON jumped over 13% to $3.35 following the news. But here’s something to watch: technical resistance sits around $3.45, right at the 12-hour 200-period EMA. If TON can close above that level, we could see a real breakout toward $3.50 and beyond.
If you’re holding TON—or thinking about it—this could be a solid setup. Just make sure to watch those resistance levels and any follow-up announcements from Telegram or xAI.
