Telegram developer’s cryptocurrency grew by 14% per day

Cryptocurrency market analysts note that over the past day, the Toncoin (TON) virtual coin has significantly outperformed all other cryptocurrencies in the top 100 list. The digital asset’s quotes jumped by 14.3% and reached $ 1.93. This allowed the virtual currency to retain the 11th position in the top ranking. The total supply of TON was fixed at $ 6.61 billion. The figures have already grown by 39.8% in a month. The daily volume of Toncoin transactions amounted to $ 57.96 million.

In the summer, Telegram launched a new service called Wallet Pay, which allows chatbots of various companies to accept cryptocurrency payments in the messenger. Currently, Wallet Pay works with bitcoin, Toncoin, and Tether USD. The service is available in most countries of the world, including those regions where payment for goods and services with cryptocurrency is prohibited by law. In these cases, Wallet is responsible for compliance with the requirements of local companies.

The native token of the DeFi platform Compound also showed a good result over the past day. COMP rose in price by 11.07% and is trading at an average of $ 40.2. This allowed the digital currency to rise to 89th place on the top list with a market capitalization of $ 314.68 million. The daily volume of transactions made by traders amounted to $ 47.3 million.

The VeChain (VET) cryptocurrency also broke into the top list. Its value increased by almost 8% and reached $ 0.016. The total capitalization of the project amounted to $ 1.17 billion, which allowed the coin to rise to 37th place. Daily transaction volumes exceeded $ 103.54 million.

As for the main loser of the previous day, it was the Stellar (XLM) cryptocurrency. The coin closed the top 20 ranking, while its quotes fell by 8.05%. The digital asset can be purchased for an average of $ 0.119. The total supply of coins circulating on the market amounted to $ 3.92 billion. Daily trading volumes reached $ 137.8 million.