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Telegram Activates Over 1 Million Self-Custodial Gram Wallets in 48 Hours

Telegram activated more than 1 million self-custodial Gram wallets in the past 48 hours, founder Pavel Durov said in a post on his Telegram channel on November 11. GRAM was the biggest gainer among the top 100 tokens by market capitalization over the period, rising 10% in 24 hours to $1.19. Durov had previously said Telegram added over 700,000 self-custodial wallets within 48 hours.

Original source

AI take

The scale of wallet activation is the real story here: distribution through Telegram's existing user base is happening faster than most token launches achieve, and the previous 700,000 figure shows acceleration rather than a one-off spike. That matters for anyone watching how self-custodial wallets reach mainstream users outside crypto-native channels, not just for GRAM holders. The open question is whether these wallets translate into sustained on-chain activity or remain dormant after the initial claim, and whether the price move holds once activation momentum normalizes.

Generated by AI for reference only.

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