GRAM Surges 10% as 1M+ Telegram Wallets Go Live
$GRAM jumped ~10% to $1.25 on Nov 11, breaking a two-month downtrend after Pavel Durov said 700,000+ self-custodial Gram wallets were created in Telegram in 48 hours — Lookonchain later put the figure above 1 million. The rally came with deeply negative funding (~-60%), squeezing shorts. Next hurdle: $1.27 resistance and the 50-day MA. Durov called GRAM 'ridiculously undervalued' and sees it in the top 3 by market cap.
Not financial advice.
$GRAM #GRAM #Telegram #TON