Durov made a one-line announcement in the middle of the night, and $TON surged +31.8% overnight to around $1.78
My buddy asked: What got into TON last night?
I said: Telegram founder Durov confirmed it himself—Toncoin will be renamed Gram, with the change taking effect within three weeks. The news broke on the evening of October 17 (early this morning Beijing time), and the market voted with its feet overnight. It was the biggest gainer among the top 30.
My buddy asked: A name change is worth a 30% gain?
I said: The name is a small thing; the signal is huge. Telegram is also positioning itself as the largest validator in the TON ecosystem—which is basically an official announcement that it’s “bringing TON into the fold.” The wallets, payments, and mini apps of its 900M+ users will all be built on TON. Retail investors may not understand on-chain data, but they understand “Durov is getting involved personally.”
My buddy asked: Should I buy in now?
I said: Stay calm. The announcement is fueling expectations, but the day the change takes effect in three weeks could instead be a “sell the news” opportunity. And $TON is currently around $1.78 (Basis Desk, UTC close on October 17), still nearly 80% below its 2024 high of around $8.26. It’s already gained 30% in the short term, so volatility could be high. My take: The narrative is real, but chasing the price could be a costly ticket to buy.
Where do you stand on the name change? A) Trust Durov—TON’s integration with Telegram will inevitably lead to a revaluation; B) Wait three weeks and see how it plays out 👇
Personal opinion only; not investment advice
#TON #Gram #Telegram
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Sources: Basis Desk, “Crypto Market Close Oct. 17, 2026” ($TON up around +31.8% over 24h to around $1.78, the biggest gainer in the top 30); BitRss/Blockonomi (Durov confirmed the change to Gram, to take effect within the next 3 weeks; published 2026-10-18 00:17 +02:00); CoinLore (2024 high around $8.26); Telegram has 900M+ users (BSCN/X)
My buddy asked: What got into TON last night?
I said: Telegram founder Durov confirmed it himself—Toncoin will be renamed Gram, with the change taking effect within three weeks. The news broke on the evening of October 17 (early this morning Beijing time), and the market voted with its feet overnight. It was the biggest gainer among the top 30.
My buddy asked: A name change is worth a 30% gain?
I said: The name is a small thing; the signal is huge. Telegram is also positioning itself as the largest validator in the TON ecosystem—which is basically an official announcement that it’s “bringing TON into the fold.” The wallets, payments, and mini apps of its 900M+ users will all be built on TON. Retail investors may not understand on-chain data, but they understand “Durov is getting involved personally.”
My buddy asked: Should I buy in now?
I said: Stay calm. The announcement is fueling expectations, but the day the change takes effect in three weeks could instead be a “sell the news” opportunity. And $TON is currently around $1.78 (Basis Desk, UTC close on October 17), still nearly 80% below its 2024 high of around $8.26. It’s already gained 30% in the short term, so volatility could be high. My take: The narrative is real, but chasing the price could be a costly ticket to buy.
Where do you stand on the name change? A) Trust Durov—TON’s integration with Telegram will inevitably lead to a revaluation; B) Wait three weeks and see how it plays out 👇
Personal opinion only; not investment advice
#TON #Gram #Telegram
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Sources: Basis Desk, “Crypto Market Close Oct. 17, 2026” ($TON up around +31.8% over 24h to around $1.78, the biggest gainer in the top 30); BitRss/Blockonomi (Durov confirmed the change to Gram, to take effect within the next 3 weeks; published 2026-10-18 00:17 +02:00); CoinLore (2024 high around $8.26); Telegram has 900M+ users (BSCN/X)