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Cryptocurrency News Articles

MEXC Lists "Bitcoin of Telegram" GRAM Token, Unleashing Over 28,000% Price Surge

Apr 01, 2024 at 02:00 pm

MEXC, a leading cryptocurrency exchange, announced the listing of the GRAM token from the TON ecosystem, often dubbed the "Bitcoin for Telegram." Since its launch in January, GRAM's price has witnessed a remarkable 28,000-fold surge. The GRAM/USDT trading pair is now available on MEXC, following rumors of its imminent listing on Telegram channels.

MEXC Lists "Bitcoin of Telegram" GRAM Token, Unleashing Over 28,000% Price Surge

MEXC Lists GRAM Token: The "Bitcoin of Telegram" Surpasses 28,000% Price Surge

MEXC, a Global Cryptocurrency Powerhouse

MEXC, a renowned name in the cryptocurrency industry, has taken a bold step by listing GRAM, the native token of the TON ecosystem. The exchange boasts a substantial daily trading volume of over $2 billion and an impressive portfolio of 2,677 trading pairs across spot and futures markets, solidifying its position as an influential force in the digital asset realm.

GRAM: The Rising Star of the TON Ecosystem

GRAM has garnered significant attention within the TON community, often hailed as the "Bitcoin of Telegram." The token's PoW (Proof of Work) mechanism empowers miners to earn rewards by solving computational tasks, mirroring the fundamentals of Bitcoin's mining process. GRAM's limited supply, capped at 5,000,000,000 coins, further adds to its allure. As of March 28th, approximately 1,750,000,000 GRAM have been mined.

A Meteoric Rise

Within a day of its launch, GRAM amassed an impressive user base of 1,500, a number that skyrocketed to over 30,000 by mid-March. This unprecedented growth was fueled by GRAM's price surge, which has registered an astounding 28,000-fold increase since its inception. The token's value escalated from a mere $0.00000107 to a remarkable $0.03 by the end of March.

Community-Driven Decentralization

GRAM's decentralized nature has resonated deeply with the TON community, earning it the moniker of the "new Bitcoin." Unlike many cryptocurrencies, GRAM has no pre-mine or allocation for project teams or major investors. Instead, all tokens are distributed equitably among miners, fostering a true sense of community ownership.

Previous Support and Future Prospects

Prior to its listing on MEXC, GRAM enjoyed support from several decentralized exchanges within the TON ecosystem, including STON.fi, Ton.Diamonds, DEX DeDust, and CryptoBot's P2P section within Telegram. The GRAM community anticipates further listings on major exchanges following its successful debut on MEXC. These expectations are fueled by rumors of substantial GRAM transactions involving over one million tokens sent to accounts on both MEXC and OKX, another prominent cryptocurrency exchange.

Conclusion

The listing of GRAM on MEXC marks a significant milestone for the token and the TON ecosystem. GRAM's remarkable price surge, coupled with its decentralized nature and vast potential, has ignited excitement within the cryptocurrency community. As the token gains momentum and establishes a presence on major exchanges, its journey towards becoming a formidable force in the digital asset landscape is well underway.

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