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Telegram’s No-SIM Signup Feature Helps Toncoin Rally, Bitcoin Also Higher

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“Toncoin rallied +39.3% last 1w upon the revelation of the Telegram App’s latest update, which allows users to open accounts without registering their phone numbers – instead, users can maintain anonymity by logging in using blockchain-based numbers, which are on auction for TON on the Fragment Platform,” Markus Thielen, head of research and strategy at crypto services provider Matrixport, wrote in a note to clients on Thursday.

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