Toncoin failed to show a positive rise in price despite Telegram’s recent announcement of new features.
Telegram has announced the gifts feature along with some other new features in its app. However, Toncoin (TON) failed to show a positive momentum despite the new addition to the social media messenger.
TON is trading at $5.22 at press time with the price down 2.7% over the past 24 hours. according to Queen GekkoThe coin has also fallen by more than 10% in the past seven days.
In most cases, specialization advertisement It is usually followed by a price pump. However, despite the slight positive conditions in the cryptocurrency market, TON has not reversed its negative trajectory.
Telegram users can now send gifts to friends
The latest announcement from Telegram showcases a new feature where users can send gifts to their friends. The person receiving the gift can use it to display on their profile pages or even turn it into stars.
Telegram CEO Pavel Durov too It was revealed Some gifts are limited in supply. He also mentioned that they will also be introducing a feature to convert these gifts into TON-based NFTs.
And this is not the only revelation made by Telegram. They also unveiled a platform for businesses that can verify customers’ phone numbers.
In addition, Telegram has improved its reporting interface. The announcement highlighted that the app’s moderators are removing millions of content that violate its terms of service.
Now, they have enhanced the system with more capabilities to include more details and categories of violation.
iOS receives redesigned video chats
Telegram announced that it has completely rebuilt video chats on iOS devices to increase battery life and performance.
This also means that the hardware will now stay on Significantly cooler On long calls – even with Multiple video feeds From dozens of participants.
Android users now receive support for live streaming using RTMP. Previously available on iOS and desktop, this feature has now expanded to Android.
Despite all the new features, the TON delivers quiet performance. TON traded at over $8 during mid-2024.
However, the price suffered a major blow when Durov was arrested. However, the price is now slowly recovering.