Telegram’s new GRAM token has surged roughly 10 % after it was rebranded and added to two of the crypto world’s biggest exchanges – Binance and Hyperliquid. The re‑launch, coupled with the high‑profile listings, appears to have rekindled interest among traders who had previously been wary of the project.
The broader crypto market remains in a state of “Extreme Fear,” with sentiment scores at 19. Yet Bitcoin and Ethereum have still managed to climb 4.8 % and 7.7 % respectively in the last 24 hours. This suggests that while risk appetite is low, there is still a baseline of buying pressure that can lift smaller tokens when they hit major venues. For retail investors, a sudden 10 % jump can be enticing, but it is important to remember that liquidity and order book depth are key indicators of whether the rally will hold.
The association with Pavel Durov, the founder of Telegram, adds a layer of credibility and potential user base. If the token’s development team can deliver on promised features, the partnership could drive further adoption. Watch for any updates from Telegram’s side or the token’s roadmap, as these will likely be the next catalysts. In the meantime, keep an eye on trading volumes and the fear‑greed index – a shift in sentiment could quickly reverse the momentum seen today.