TON Leads Crypto Majors, BTC and ETH Steady

Most cryptocurrency majors like bitcoin (BTC) and ether (ETH) started the week sideways, while the CoinDesk 20 (CD20), a measure of the largest digital assets, fell 0.43%.

One of the morning’s highlights was Telegram-related TON, which rose 5.6% after HashKey announced a partnership with the project.

According to a press release, HashKey will provide regulatory guidance and technical support for Catizen’s blockchain infrastructure operations, and will also collaborate with startups in the Ton ecosystem to enhance the gaming experiences of Catizen, a Telegram-based gaming platform featuring cat-themed mini-games.

“We will focus on the TON ecosystem to deliver a unique Web3 gaming experience and promote the prosperity and development of the TON ecosystem,” said Ben El-Baz, HashKey Global General Manager. “Taking advantage of Telegram to attract more developers to the industry represents a significant opportunity for TON.”

Catizen Foundation President Tim Wong also said in an emailed statement that Catizen is trying to overcome the short life cycle of typical games by leveraging the untapped potential of Web3. He added that with a strong community and the combination of experienced game developers and talented Web3 designers, they aim to create a lasting impact.

During the same period, DYDX, the token of decentralized exchange dYdX, which continued to record gains in weekly trading volume, gained 5.6 percent in value.