Pavel Durov Rebrands TON To Original ‘Gram,’ Sparks Rally: ‘Returning To Our Roots’

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Toncoin (CRYPTO: TON) rallied on Monday after Telegram founder Pavel Durov announced that the ecosystem’s native token would be renamed from TON to its original name, Gram.

Back To Roots?

Durov announced this on his Telegram channel, saying, “We’re returning to our roots — and starting a new chapter.”

Durov said that the transition will take around three weeks, while clarifying that the blockchain will continue to be known as The Open Network, or TON.

The cryptocurrency rose more than 4% in the last 24 hours, reaching a …

Full story available on Benzinga.com

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