Telegram, boasting 950 million monthly active users and over $4 billion raised since its launch, is on track to become an all-encompassing app similar to China’s WeChat, per Bitget CEO Gracy Chen. According to a DemandSage report, Telegram’s synergy with The Open Network (TON) — a decentralized platform — could transform the app into a hub for social media, payments, finance, entertainment, gaming, and more. Chen emphasized that Telegram’s unique integration with TON and support for crypto trading set it apart from competitors, driving massive growth.
“Crypto adoption is certainly what makes Telegram stand out among other social media,” Chen told Cointelegraph, adding that this integration aligns with Bitget’s interest in deepening ties with TON. She also noted the app’s rapid uptake among young people in emerging markets, particularly in Africa, which points to Telegram’s potential to become an “everything app” for billions worldwide.
Source: Cointelegraph
Photo Credits: Cointelegraph
