Telegram’s Durov Escapes France: Toncoin Takes Off Like a Rocket! 🚀

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In a turn of events that could only be described as a plot twist worthy of a particularly eccentric novel, Toncoin (TON) has decided to do a little jig, leaping over 6% in value right after Pavel Durov, the illustrious founder of Telegram, was finally given the green light to leave France. Yes, you heard that right! After months of being held captive in the land of baguettes and berets, Durov has escaped—presumably with a croissant in one hand and a smartphone in the other. 🥐📱

According to the ever-reliable CoinMarketCap (which is about as reliable as a cat on a hot tin roof), the price of TON has rallied by a staggering 18% in the last 24 hours and over 13% in the past week. It seems that the mere thought of Durov’s freedom has sent investors into a frenzy, reminiscent of a squirrel spotting a particularly shiny acorn.

Now, let’s rewind a bit. Back on August 24, 2024, when Durov was arrested, the price of TON took a nosedive, plummeting over 35% from a respectable $6.88 to a rather sad $4.44 by September. It was as if the cryptocurrency had decided to take a long, hard look at its life choices and promptly regretted them.

Fast forward to December 4, 2024, when the digital asset reached a dizzying high of $7.20, all thanks to a historic rally in the crypto markets following the re-election of President Donald Trump. Who knew politics could be so profitable? But alas, like all good things, this too came crashing down, with TON’s price collapsing by about 67% to a low of $2.36 by March 11, 2025. Talk about a rollercoaster ride! 🎢

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Now, Toncoin is the cryptocurrency of The Open Network, which, despite its name, is not a part of the Telegram platform but has become a beloved companion for its users. Durov’s release was celebrated by Telegram and TON enthusiasts as a triumph for freedom of speech, even as the ongoing debate about online security versus freedom of expression continues to bubble like a pot of water on the verge of boiling over.

As for Durov, he reportedly secured permission to leave France on March 13 to jet off to Dubai, where the sun is always shining and the legal troubles are presumably less complicated. Sources from the AFP news agency confirmed his departure, although it remains unclear whether he’s free as a bird or just on a temporary vacation while the French courts sort out their business. 🕊️

French law enforcement had accused Telegram of being a bit too free-spirited, facilitating illegal activities by not censoring their messaging platform. Durov, however, has characterized his arrest as unnecessary, claiming that he and his company would have been more than happy to cooperate with French authorities—if only they had submitted a proper legal request. It’s almost like asking for directions but forgetting to ask in the first place!

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2025-03-15 19:45