Venture Capital Firms Pour $400 Million into TON Coin 💸
TON Coin, the cryptocurrency linked to Telegram, has captured the attention of venture capital firms as they invest $400 million. This influx of capital comes after a challenging year marked by significant volatility in the cryptocurrency market. Initially, TON Coin experienced a wave of excitement due to several airdrops. However, the absence of compelling narratives for its mini applications resulted in a sell-off, leading to a sharp decline in value.
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