Golden Pig's take: Durov says 1 million wallets were activated in 48 hours, but $GRAM has pulled back from its high—I’m bullish, but I’ll only buy dips, not chase.

Durov himself posted on X on 11/11: More than 1 million self-custodial Gram wallets were activated on Telegram within 48 hours.

GRAMUSDT on Binance hit a 24-hour high of 1.257 and is now back around 1.18; 24-hour futures volume was about 80 million U, which shows people are actually trading this move—it’s not just hype.

My take: Wallet activations don’t necessarily mean real money is flowing in, so it’s normal for the price to pull back after a news-driven spike. But an app on Telegram’s scale putting a wallet right into chats is a long-term demand driver, not a one-day story.

My plan: Build a small position in batches around 1.14, exit if it falls below 1.10, and add if it gets back above 1.257.

When user data is growing this fast but the price pulls back first, how do you usually manage your position?

#GRAM #Telegram #TON $GRAM $BTC

Source: Durov’s original post on X and Binance market data. DYOR; this is not investment advice.