The whole market is falling—what gives it the nerve to push higher? $GRAM
Current price: $1.147, up 4.75% in 24h and less than 1.5% below the 24h high of $1.164; rebounded about 6.8% from the intraday low of $1.074.
$BTC $73,901 (-1.27%), $ETH $2,063 (-2.80%), and SOL at $82.94 (-4.05%) are all weakening. $GRAM is one of the few large-cap coins in the green today, bucking the trend.
Flows: Binance perpetuals recorded about $40 million in 24h trading volume, above the $10 million threshold; open interest is about $18.4 million; funding rate is +0.0050%/4h, meaning longs are paying a small fee, nowhere near extreme levels.
Background: Gram is the former Toncoin, renamed following a community vote on 2026-06-15. It is the native coin of the TON blockchain, which originated with the Telegram team and is now community-maintained. Market cap is about $3.3 billion, with an FDV of about $6.1 billion; circulating supply is about 2.85 billion coins out of a total of about 5.28 billion (about 54%). It is down 2.44% over 7 days and 20.96% over 30 days, and has fallen about 86% from its June 2024 all-time high of $8.25.
Catalysts: No clear new developments today; it is showing early strength against the broader market.
Risks: No unlock-related selling pressure (no vesting schedule or insider TGE allocation), but validators increase supply by about 0.5–0.6% annually. $1.164 is the 24h high, and chasing the price could lead to a pullback. It is still down about 21% over 30 days, so the broader trend has not reversed.
What to watch next: Whether it can break above the $1.164 high, whether it can hold around $1.10 on a retest, and the funding rate settlement at 16:00 CST.
At this level, do you think it’s about to make an independent move, or will it catch up with the broader market’s losses?
For informational purposes only; this is not investment advice.
Current price: $1.147, up 4.75% in 24h and less than 1.5% below the 24h high of $1.164; rebounded about 6.8% from the intraday low of $1.074.
$BTC $73,901 (-1.27%), $ETH $2,063 (-2.80%), and SOL at $82.94 (-4.05%) are all weakening. $GRAM is one of the few large-cap coins in the green today, bucking the trend.
Flows: Binance perpetuals recorded about $40 million in 24h trading volume, above the $10 million threshold; open interest is about $18.4 million; funding rate is +0.0050%/4h, meaning longs are paying a small fee, nowhere near extreme levels.
Background: Gram is the former Toncoin, renamed following a community vote on 2026-06-15. It is the native coin of the TON blockchain, which originated with the Telegram team and is now community-maintained. Market cap is about $3.3 billion, with an FDV of about $6.1 billion; circulating supply is about 2.85 billion coins out of a total of about 5.28 billion (about 54%). It is down 2.44% over 7 days and 20.96% over 30 days, and has fallen about 86% from its June 2024 all-time high of $8.25.
Catalysts: No clear new developments today; it is showing early strength against the broader market.
Risks: No unlock-related selling pressure (no vesting schedule or insider TGE allocation), but validators increase supply by about 0.5–0.6% annually. $1.164 is the 24h high, and chasing the price could lead to a pullback. It is still down about 21% over 30 days, so the broader trend has not reversed.
What to watch next: Whether it can break above the $1.164 high, whether it can hold around $1.10 on a retest, and the funding rate settlement at 16:00 CST.
At this level, do you think it’s about to make an independent move, or will it catch up with the broader market’s losses?
For informational purposes only; this is not investment advice.
