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Why Anthony Scaramucci Thinks TON Still Has a Future Inside Telegram

BeInCrypto
Anthony Scaramucci and AlphaTON CEO Brittany Kaiser see a strong future for TON driven by its integration with Telegram's AI ecosystem, Cocoon AI.

Summary

Despite Toncoin (TON) experiencing a significant price drop (down 67% over the past year) since its 2024 peak, driven partly by meme coin hype, key figures remain optimistic about its long-term viability within the Telegram ecosystem. Anthony Scaramucci, strategic advisor for AlphaTON, believes in a multi-chain future and sees TON's integration with AI as crucial. AlphaTON, a Digital Asset Treasury (DAT) focused on TON-AI evolution, is supporting the decentralized protocol Cocoon AI, announced by Telegram CEO Pavel Durov. AlphaTON secured $46 million for NVIDIA GPUs to scale this decentralized AI network, which requires developers to pay for Cocoon AI services using TON, creating intrinsic demand for the token. AlphaTON CEO Brittany Kaiser highlighted that with over a billion Telegram users and 200 million wallet users, integrating AI agents that execute financial transactions using TON within the superapp presents a massive growth opportunity, which Scaramucci hopes to capitalize on through AlphaTON over the next 24 to 36 months.

(Source:BeInCrypto)