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Edwin Eladon
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Telegram significantly influences the cryptocurrency space through its vast user base of over 950 million and integration with the TON blockchain. It hosts numerous crypto communities, trading groups, and bots that provide real-time market updates, trading signals, and NFT trading via platforms like Fragment. Telegram’s crypto wallet, developed by The Open Platform, supports Toncoin, Bitcoin, and USDT, enabling seamless transactions. Despite privacy concerns and scams, its encryption and bot functionalities make it a hub for crypto enthusiasts. In 2023, crypto activities accounted for 40% of Telegram’s revenue, underscoring its growing role in the crypto ecosystem.
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