Toncoin Price Stabilizes Near $2 Amid Rebranding Proposal

Toncoin's price has found stability near $2 after a proposal from Pavel Durov to rebrand the token as Gram sparked renewed interest in the cryptocurrency.

The proposal, which includes a community vote on changing the TON ticker to GRAM, has traders positioning for a potential move toward the $2.80-$3.00 zone.

A double-bottom pattern has formed on the daily chart, with a successful break above $1.92 keeping the bullish structure intact.