Telegram CEO says GRAM rose by 8%and believes its market capitalization is severely undervalued
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AT A GLANCE
PANews reported that Durov said GRAM was severely undervalued, and reported its price at 1.12 USD、24-hour gain of 8.07%。
Article
Telegram CEO:GRAM Rises against the market trend 8%, with its market capitalization “severely undervalued”
PANews November 11 reported that Telegram CEO Pavel Durov posted on X that, amid a “bleak” cryptocurrency market, “only GRAM rose by 8%”, and said GRAM is “the only token built into a real social ecosystem”. Durov believes GRAM is “severely undervalued” and said it “deserves to be among the top CMC by market capitalization”. Market data showed that the price of GRAM was previously reported at 1.12 USD,24-hour gain reached 8.07%。
PANews reported that Telegram CEO Pavel Durov commented on GRAM on X.
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According to the report, Durov said that amid a “bleak” cryptocurrency market, “only GRAM rose by 8%”。
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Durov said GRAM is “the only token built into a real social ecosystem”, believes it is “severely undervalued”, and said it “deserves to be among the top CMC by market capitalization”.
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The market data cited in the report showed GRAM at a price of 1.12 USD,24-hour gain of 8.07%。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
The report contains personal opinions and reported market data. “Severely undervalued” and “deserves to be among the top CMC by market capitalization” are Durov's judgments; they do not mean that GRAM is already in the top, nor do they prove that its price will necessarily rise.
Why it matters to readers
The report covers both the Telegram CEO's public assessment of GRAM and its price performance, but the original report did not establish a causal relationship between the remarks and the gain.
An individual's views should be distinguished from market data: believing a token is cheap does not mean its value has been established, and the reported gain cannot be used to determine its subsequent price direction.
Risks and unknowns
No independent verification of Durov's original post was provided.
The source and precise sampling time of the market data were not specified, and the price and gain were not independently verified.
The claims that “only GRAM rose” and that it is “the only token built into a real social ecosystem” have not been verified.
The original report provided no valuation basis for the claim that it is “severely undervalued” or should be among the top by market capitalization, and did not specify the current market capitalization rank of GRAM.
It cannot be confirmed whether the remarks caused the reported gain, and the subsequent price direction is unknown.
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Related concepts
Market Capitalization
A metric for the total value of currently tradable tokens calculated at current prices.