TON’s Toncoin cryptocurrency will “likely outperform” spot returns of Bitcoin in a bullish scenario in the coming years, Bitget predicted.
Bitget cryptocurrency exchange, a major investor in The Open Network (TON) Foundation, has released a research report on TON, providing a few bold predictions for the TON ecosystem.
The TON ecosystem may need to distance itself from Telegram amid the ongoing regulatory concerns associated with the messenger, Bitget suggested in the report.
As such, TON would likely trend toward “de-Telegramization” in the long run to mitigate regulatory risks associated with Telegram, Bitget predicted. The report stated that the TON blockchain will continue to rely on the user base of Telegram by 2024, adding:
