Most resilient cryptocurrencies of the week: Top 3 coins

While the majority of the cryptocurrency market is back to swimming in the sea of red as it continues to feel the aftershocks of the FTX collapse, some digital assets have remained strong and even recorded double-digit weekly gains as others have struggled.

Timeline of Okb, Toncoin, Xinfin-network

One altcoin project based on Ethereum (ETH) has quietly outperformed most of the crypto market this month, embarking on a rally after tech entrepreneur Pavel Durov made an announcement.

After breaking out from the $2.30 horizontal resistance area, the Toncoin (TON) price only faces Fib resistance until a new all-time high. The post What's Behind The 40% Toncoin Price Increase?

Telegram has sold $50 million usernames on The Open Network as the messaging app giant says it aims to capitalize on blockchain tools. The post Telegram sells usernames worth $50 million on the Open Network blockchain appeared first on The Block.

The Dubai Multi Commodities Centre (DMCC) has announced a new partnership with the firm Comtech Gold in order to digitize gold trading. The DMCC said the tokenized precious metals are backed by DMCC Tradeflow-registered gold bars, and each tokenized gold bar “will be backed by a Tradeflow warrant.

The Open Network has enjoyed massive media recognition in the last few weeks, resulting in impressive gains. The blockchain's native token, TON, is currently among the top cryptos leading the market in weekly gains.

Toncoin has defied the entire crypto market sentiment as its value continues to trend higher. As per CoinMarketCap data, the native token of the TON blockchain has kept over 20% gain in the last seven days.

OKB, the native token of the OKX Exchange, has recorded substantial gains today in a bearish crypto market. The utility token saw a price surge of 4.63% on the day, registering a local high of $20.80.

Telegram's own blockchain, TON, continues to enjoy impressive gains despite current market volatility. The open-source protocol has been one of the few ecosystems to stay afloat following the FTX saga.

London, United Kingdom, 17th November, 2022, Chainwire DWF Labs, the leading blockchain industry market maker, has become a prominent supporter of the TON ecosystem. Through its partnership with the TON Foundation, DWF Labs supports The Open Network with an investment, token development, market creation, and exchange listing.

Crypto market maker DWF Labs has announced that it will become "a prominent supporter of the TON ecosystem." The company is also investing $10 million in the Layer-1 blockchain network.