Telegram founder and CEO Pavel Durov said GRAM had risen despite a broader crypto-market decline, arguing that its place within a large social ecosystem made it undervalued. He said GRAM deserved a top-three spot in CoinMarketCap’s cryptocurrency market-cap rankings and believed it could get there.
Durov also said more than 1 million Gram self-custody wallets had been activated on Telegram in the preceding 48 hours. At the time of his post, he said, GRAM was up about 14% over 24 hours. Those figures and the valuation argument are Durov’s claims, not independently established measures of community participation or future performance.
Originally reported by ChainCatcher on November 12, 2026, at 09:39 UTC+8.