Toncoin (TON) Rallies 34% In A Week, Even As Bitcoin, Ethereum And Dogecoin Tumble

Toncoin TON/USD has rallied over 34% in the past seven days, trading at $2.69, recorded on Monday at 12 a.m. EST.

What Happened: Apex cryptocurrency Bitcoin BTC/USD lost 1.20% over the past seven days, falling below the $17,000 mark, while Ethereum ETH/USD shed 5.02% and Dogecoin DOGE/USD declined by 11.60% during this period.

Cryptocurrency	Weekly Performance	Price (Monday, 12.00 am EST)
Toncoin	+34%	$2.69
XDC Network	+15.87%	$0.024
OKB	+5.74%	$21.74
UNUS SED LEO	+4.44%	$4.00
BItcoin SV	+2.61%	$44.36

The rally in TON can be attributed after Telegram revealed a new feature where users can purchase a private, anonymous number and pay with Toncoin. This allows users to sign up for Telegram without the use of a SIM card, which was a prerequisite with other end-to-end messaging applications like Signal and WhatsApp.

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The second on the list is XDC Network XDC/USD up 15.87% in the past 24 hours. XDC gained a rally after it announced integration with Euro-based stablecoin EURS/USD.

The third on the list is OKB OKX/USD which recorded a 5.74% spike. UNUS SED LEO LEO/USD was fourth on the list, gaining 4.44% and Bitcoin SV BSV/USD was last, up 2.61%, in the past seven days.