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Telegram founder Pavel Durov announced on X that more than 700,000 self-custodial wallets were created on Telegram within 48 hours. These wallets let users hold their own keys, so Telegram can’t access their funds. However, despite this surge in wallet creation, the Toncoin price has taken a hit. Gram (CRYPTO: TON), the token renamed from Toncoin in June, fell 12.4% over the past week.
Gram trades at $1.04 as of November 9, down 1.5% over 24 hours and 28.7% over 30 days. The token closed at its lowest level of the past year on November 8 and trades 87% below its all-time high of $8, set in…
