Pavel Durov Backs Major Mini App, MAJOR Price Swings on Launch Day

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As a seasoned researcher with a keen interest in blockchain technology and its intersection with social media platforms, I find myself deeply intrigued by the meteoric rise of Major mini app and its native token MAJOR. The rapid growth of this Telegram-based star-collecting game is nothing short of astounding, considering it has amassed over 70 million users in just five months – a testament to the power of innovative ideas and seamless integration within established platforms.

Telegram’s CEO, Pavel Durov, has expressed his backing for the Major mini app and its native token MAJOR, which made its debut today across various exchanges. Notably, The Open Network (TON) token experienced remarkable price fluctuations upon its launch. Initially priced at $0.6793, MAJOR soared to an astounding high of $36.75 before settling at a current price of $1.43. The 24-hour trading volume stands at $664.10 million, with a market capitalization of $16.47 billion and a 24-hour volatility of 4.6%.

Durov has given his official approval to MAJOR tokens and made a public commitment: he will keep 10 million MAJOR tokens, representing 1% of the total supply, for ten years. Telegram’s CEO expressed his high regard for MAJOR due to its smooth compatibility with Telegram and its impressive growth trajectory. Moreover, he commended the project for its cutting-edge development plan, boasting features such as NFT rentals for usernames and digital IDs.

Durov’s support and dedication to the project have greatly enhanced the platform’s reputation, making it more noticeable within the blockchain industry. The team quickly announced this on their platform.

A big thank you goes out to Pavel Durov for showing faith in our venture and offering his supportive comments. We value his encouragement, along with the user-friendly and exciting Telegram platform that allows us to bring our ideas to life.

Wild Debut on Six Exchanges

Initially introduced through an airdrop, the MAJOR coin is now available on six prominent platforms such as OKX, where futures transactions were initiated prior to its official release. The token’s price fluctuations, surging more than 110% from its initial value and reaching $36.75 momentarily, indicate strong market demand and speculative trading behavior, signifying intense investor interest.

At present, the MAJOR cryptocurrency holds a market capitalization of approximately $143.29 million. This digital project offers a total of 1 billion tokens in circulation, with the maximum supply figure yet to be clarified as this information is currently undisclosed.

About Major Mini App

Introduced in July 2024, Major – a captivating game centered around star accumulation – is exclusively available for Telegram enthusiasts. Users gather Stars, the internal currency, to strive for ranks and esteem within the Telegram community. In a mere five months, the app has garnered over 70 million users and 40 million active participants monthly, establishing it as one of TON’s most triumphant ventures.

Significantly, during its launch, the Major team set aside 10% of the token supply for their own use. Specifically, 9% is locked away for two years, while 1% was given to Durov. The project’s swift success underscores the increasing collaboration between blockchain technology and social media platforms, with Telegram serving as a breeding ground for innovation.

By linking with Telegram, the game now offers platform-specific features, resulting in a smooth and natural user interaction. Recently, the top cryptocurrency exchange, Bitget, teamed up with Major to provide no-cost airdrops of MAJOR tokens.

In the realm of Telegram-based blockchain games, Major stands out with its cutting-edge qualities, vast community, and support from Durov, placing it at the forefront as a leading contender.

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2024-11-28 15:36