Telegram's No-SIM Signup Feature Helps Toncoin Rally, Bitcoin Also Higher

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Toncoin cheers the new-found use case in telegram's privacy-boosting feature that lets users signup for the service with anonymous numbers. Reports godbole17

Messaging app Telegram recently unveiled a new privacy-boosting feature, lighting a fire under Toncoin , the native token of the decentralized layer one blockchain Open Network, formerly known as Telegram Open Network.that users can purchase an anonymous number on the Telegram founder's Fragment blockchain by paying Toncoin. Users can then utilize the unknown number to sign up for Telegram, bypassing the need to use a SIM card to apply for the service as previously required.

TON has rallied 30% from $1.84 to $2.4 since the official announcement, with prices reaching as high as $2.8 at one point. Bitcoin, the leading cryptocurrency by market value, has gained a meager 4.5% during the same period, CoinDesk data show. "Toncoin rallied +39.3% last 1w upon the revelation of the Telegram App's latest update, which allows users to open accounts without registering their phone numbers – instead, users can maintain anonymity by logging in using blockchain-based numbers, which are on auction for TON on the Fragment Platform," Markus Thielen, head of research and strategy at crypto services provider Matrixport, wrote in a note to clients on Thursday.

 

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telegram godbole17 ton gonna be in lot of problems. can pump but their principles with anonymous users will lead to a lot of fraud on their chain

telegram godbole17 Good idea

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