Hold onto your hats, folks, because the world of crypto just got a whole lot more exciting with the explosion of tap-to-earn games on Telegram, giving The Open Network (TON) a massive user boost!
Picture this: TON, a layer-1 blockchain with roots in the popular social app Telegram, has just hit a historic milestone. We’re talking about a jaw-dropping 100 million unique wallet addresses with actual, non-zero balances! That's a staggering 95% increase in active users since the beginning of the year when the count was just 4.3 million.
So, what’s behind this rocket ride to fame? It's all thanks to TON's strong connection with Telegram. Originally, Telegram set out to create the TON blockchain, but plans went awry, and the project was shelved. However, a new team of developers took the reins and revived it. Fast forward to September 2023, and Telegram reignited its passion for TON by launching a crypto wallet on the platform.
Then came the gaming revolution! Imagine earning tokens just by playing games on Telegram. That's right, tap-to-earn games like Notcoin, Dogs, and Hamster Kombat have taken the app by storm, drawing in millions of users eager to join the fun. These games have not only entertained but also introduced countless people to the world of crypto.
Crypto experts point out that this partnership between Telegram and TON has been a game-changer, bringing droves of new users into the crypto fold.
But wait, there's a twist in this tale! Despite the surge in users, TON's native coin, Toncoin, hasn't been basking in the limelight. As of now, it's trading at $5.19, which is a slight dip from the previous day. To add a bit of drama, it's also a 37% drop from its all-time high of $8.24 back in June 2024. Ouch!
Last month, it was revealed that a whopping 80% of Toncoin holders were feeling the pinch due to the coin's decline. But fear not, because as the TON ecosystem continues to grow and with big players like Bitcoin paving the way for higher prices, there's hope for a price revival in the future.
So, there you have it – a thrilling saga of blockchain, games, and the ever-evolving world of crypto! Keep your eyes peeled, because the next chapter in this story is bound to be just as exciting.
