Over there (on TG), Pavel D. posted a ton of news, and against that backdrop I’m seeing $GRAM up +12%. If you can’t be bothered, I’ll briefly recap what’s going on and what’s probably behind the coin’s growth:
First post: Pavel D. points out that while the entire crypto market is falling (“crypto is a sea of red”), token $GRAM is rising. He writes that he isn’t surprised, since it’s the only coin integrated into a real social ecosystem. He also claims that #GRAM is “ridiculously undervalued” and will eventually make it into the top 3 coins by market cap on CoinMarketCap.
Second post: Pavel D. shares some stats: in just 48 hours, more than 1 million custodial/non-custodial Gram wallets were activated on Telegram, and $GRAM became the top gainer (+10–12%) among the top 100 coins.
The takeaway: Statements from the founder of a platform with a multi-million-strong audience traditionally create powerful momentum and trigger FOMO. Traders take the claim that the coin is “ridiculously undervalued” and is headed for the top 3 as a direct buy signal.
First post: Pavel D. points out that while the entire crypto market is falling (“crypto is a sea of red”), token $GRAM is rising. He writes that he isn’t surprised, since it’s the only coin integrated into a real social ecosystem. He also claims that #GRAM is “ridiculously undervalued” and will eventually make it into the top 3 coins by market cap on CoinMarketCap.
Second post: Pavel D. shares some stats: in just 48 hours, more than 1 million custodial/non-custodial Gram wallets were activated on Telegram, and $GRAM became the top gainer (+10–12%) among the top 100 coins.
The takeaway: Statements from the founder of a platform with a multi-million-strong audience traditionally create powerful momentum and trigger FOMO. Traders take the claim that the coin is “ridiculously undervalued” and is headed for the top 3 as a direct buy signal.
