According to experts, the digital currency of the telegram called "Gram" will become the main rival of "Bitcoin" by entering the market. In the following, we will mention some reasons that make Gram turn into a powerful digital currency.
Gram's red carpet to market
Recently, the Telegram held a private sale and was able to collect about $ 850 million in just one day to build TON (Telegram Open Network) platform. Meanwhile, Telegram's managers have been planning to sell another private sale and raise the fund's assets to $ 2 billion. Even it is not unexpected all of the work on this TON's platform may be held private.
Many experts believe that the digital currency of the Telegram, or Gram, will become the main rival of Bitcoin as soon as it enters the Crypto market, and it can downgrade the most popular digital currency of day.
But how will this be achieved, and why digital currency experts believe Gram is the main rival of Bitcoin.
At present, the total value of the bitcoin market is about $ 137 billion, and the Ethereum and Ripple currencies are ranked second and third place. Rippel's value started at $ 0.005 last year, reaching $ 2 last today, with a 400-fold increase in digital currency that is amazing. If we consider such growth for the Gram, we see that the market value will be about $ 800 billion (more than four times the bitcoin market). It is not even so far that the Gram's market will grow even more.
The digital currency of the telegram will get the twentieth position and above the Tether, when it enters the market. This is where the Gram will enter the market at pre-sales price and if, for example, it's priced twice as high as the pre-sale price, it could even progress to the ninth place, and that's just for the first day to entering to the digital currency market.
Powerful Digital Telegram's Currency Platform
Gram's TOKEN, is used token on TON's platform. The platform is so strong and designed as 'sharding' so that it provides millions of transactions per second to users and this is not a good thing for the bitcoin that is struggling with the scalability problem, and TON using the (lightning)'s network. Also, the situation with Ethereum and Ripple does not go well and we may see Ripple drop by entering the Gram to the market. Ethereum has just been trying to use sharding technology, and even the founder of Ethereum has announced that the first phase of the scalability of this currency has come near to an end.
As stated in the beginning of the article, at least $ 1.5 billion of Gram's tokens are sold privately to large companies and capitalists. This means that there will be strong support for the development of digital telegram's currency. With this situation, and through the sale of the share of large companies, we will undoubtedly see the growth of the price of this digital currency in the economy.
According to statistics, the telegram has more than 200 million users, while the entire Crypto users are reported to be 21 million. Therefore, it can have a market that is 10 times larger than all other digital currencies. Digital currency of Telegram can also help develop crypto. In addition to the reasons mentioned, there are other things, such as the TON's payment gateway and the complex storage system that make the gram dangerous enemy to the bitcoin and other digital currency.
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