Get to know Telegram Stars, TON Based Coin That is Predicted to Skyrocket

Bittime - Telegram announced the launch of a new crypto asset within its app that allows users to make purchases of digital products and services within the Telegram micro-app.

This asset will be integrated with the ecosystem powered by TON Coin, which recently reached an all-time high.

This app-based asset will use in-app purchasing technology and is available for iOS and Android users, named Telegram Stars.

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What is Telegram Stars?

Telegram Stars is a crypto asset that aims to make it easier to pay for digital services in the Telegram mini application.

Mini app developers can use TON to attract their Stars via Fragments.

Telegram also offers favorable terms for developers to promote their apps on Telegram using Stars.

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Telegram Stars Mission

This new Telegram Stars asset enables the purchase of digital products and services within the Telegram micro-app.

This coin is based on TON Coin and is integrated with the crypto asset ecosystem. This asset is expected to make it easier to pay for digital services in the Telegram mini application.

Mini app developers can use TON to attract their Stars and promote their apps on Telegram.

TON Coin Performance Reaches Highest Peak

TON is a crypto asset associated with the Telegram messaging platform, recently reaching an all-time high of $7.76 per coin. Currently, the price of TON Coin is at $7.35, indicating potential for further upside.

TON is predicted to return a 12.93% increase for TON Coin in mid-June, with the price reaching $8.30.

Market indicators show high optimism, with 90% bullish sentiment and the Fear & Greed Index at 78 (very greedy).

TON Coin price volatility over the last 30 days reached 5.23%, with 15 of the 30 days (or 50%) experiencing increases.

Factors Driving TON's Increase

• Growing interest and anticipation in the crypto community: TON Coin's social media volume has grown rapidly since March.
• Long-term ownership improvements: HODL investors are confident in the potential for TON Coin price increases in the future.
• Whale activities: The trading volume of whales shows great investor confidence in TON Coin's prospects.
• Active addresses exceed Bitcoin: TON Coin's active addresses outperformed Bitcoin (BTC) by more than 160%, indicating strong bullish sentiment.
• Derivative volume surged: TON Coin derivatives volume grew nearly 198% to $695.30 million, signaling high market interest.

The Impact of the Increase in TON Coins for Telegram

• Increased trading volume: Developers' use of TON Coin and the interdependent Starts and TON mechanisms can increase trading volumes.
• Wider use: Telegram can expand TON Coin's reach and exploit its potential to the fullest.

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Conclusion

The launch of this new asset marks an important step for Telegram in entering the world of cryptocurrencies and expanding its services beyond instant messaging.

With a large user base and growing ecosystem, Telegram has the potential to become a major player in the crypto space.