TON Teams With Future3 to Launch TON Bootcamp for Mini-App Development

The Open Network (TON) has partnered with Future3 to launch the TON Bootcamp, a 15-team program designed to promote mini-app development within the TON ecosystem in Telegram. The program will run for five months, and applicants have until December 18th to enter the competition for a chance to be among the final 15 selected for the program.

Timeline of Toncoin

In the last 24 hours, TON has registered an impressive 8.7% gain, reaching a trading price of $2.63 at the time of this report. The asset's market capitalization has now exceeded the $9 billion mark, representing an 11-month high.

Within 11 minutes, the test network with 256 validators handled a staggering 43,012,970 transactions. This makes TON the world's fastest blockchain, surpassing others significantly.

The Open Network (TON), Telegram's innovative blockchain brainchild, celebrates a significant milestone. Announced on October 4th, MEXC Ventures, the investment branch of the cryptocurrency exchange MEXC, has poured an eight-figure sum into the project.

Toncoin moved closer to the $2.00 level on Wednesday, as markets reacted to the protocol's partnership with Telegram. The agreement will see the token made available to over 800 million Telegram Wallet users. Stellar, on the other hand, was significantly lower, falling by nearly 8% today.

Telegram Messenger has unveiled a self-custodial crypto wallet for its more than 800 million active users worldwide. This move comes almost three years after the popular messaging platform initially revealed its plans to delve into the Web3 space.

Toncoin was a big mover on Thursday, as the token rose by nearly 4%, closing in on the $1.90 level in the process. The rally came despite crypto price consolidation, with the global market cap largely unchanged as of writing. Stellar also surged, remaining near a recent two-week high.

Stellar surged by as much as 7% on Monday, despite sentiment in crypto markets being mostly bearish to start the week. The token rallied for a second straight session, after a recent collision with a key price floor. Toncoin also rose, hitting a fresh multi-month high.

Toncoin (TON) has taken the crypto market by storm, but its meteoric rise has also cast a spotlight on Telegram-bot tokens, drawing attention to the historical affiliation between TON Network and the instant messaging giant, Telegram. Crypto enthusiasts have long regarded Telegram as a pioneer in exploring blockchain technology.

Toncoin (TON) has showcased healthy market status since the end of last week. According to historical data from TradingView, it witnessed a consecutive bullish trajectory from August 11, 2023, until today, August 16.

Toncoin (TON) recently saw a remarkable breakthrough, shattering its month-long consolidation phase and providing a glimmer of hope for traders. The coin, which had been confined within a price range of $1.31 to $1.49, broke free from this range-bound pattern, but not without facing its share of challenges.