
Gram Falls 7.5% After Telegram Widens Access to Money Wallet
- —Gram trades at $1.3761, down 9.45% over seven days and up 2.47% over 30 days
- —Market cap is about $3.89 billion, with 2.83 billion tokens in circulation and $31 million in daily volume
- —Money is non-custodial: users hold the keys and Telegram cannot restore a lost balance
- —After the Toncoin-to-Gram rename on 15 June, the price also shed 9.5% in two weeks
Why it matters: The market quickly fades Telegram infrastructure news: the wallet-driven rally evaporated in five days, mirroring the post-rename pattern.
Source: CryptoTicker