Telegram founder is bullish on GRAM, stating that its valuation is still severely underestimated

Telegram founder and CEO Pavel Durov stated that despite the recent general decline in the cryptocurrency market, GRAM has still risen against the trend. He believes that GRAM is the only cryptocurrency that has truly integrated into a large social ecosystem and is currently severely undervalued.

Durov mentioned that GRAM should rank among the top three in the CoinMarketCap cryptocurrency market capitalization list and is confident that this goal can be achieved in the future. He revealed that over the past 48 hours, more than 1 million self-custody wallets for Gram have been activated on the Telegram platform, and GRAM has risen approximately 14% in the 24 hours prior to his post.