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Telegram Wallet Rollout Drives 4-Point Surge in Gram Price

Guavy AI Editorial Team
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The price of Gram (GRAM) has surged by 4.02 points in the last 31 hours due to the ongoing rollout of Telegram's new Gram Wallet.

The wallet, which is integrated directly into the Telegram app, enables fee-free transfers and payments, as well as collectibles denominated in GRAM.

Telegram's user base of over a billion people will soon have access to this wallet, with validators having approved an upgradable smart contract for the wallet.

Narrative buzz around Telegram's user base and a technical bounce after an earlier selloff have also contributed to GRAM's recent price move.

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