Mike Dudas
the crypto foundation model was necessary as regulatory window dressing for a number of years but...
3 days agoMike Dudasmdudas
Twitter
View on X
Note: AI-generated summary based on third-party content. Not financial advice. Read more.
Quick Insights

TON (The Open Network) rallied approximately 36% following an announcement that Telegram will replace the TON Foundation as the primary driving force and largest validator for the network. Technical data shows the TON/USDT pair rising from roughly $1.45 to nearly $2.00, coinciding with a 6x reduction in network fees. Analysts suggest that moving away from the traditional "crypto foundation" model can remove a significant drag on protocol valuations.

Ask about this postAnswers are grounded in this post's content.
Tweet
About Mike Dudas
Mike Dudas

Mike Dudas

By mdudas

crypto investor @6thManVentures // co-founder @theblock__ @linksdao // @moonbirds kol