Telegram Surges with 13.8 Million New Users, 11.6 Million from Nigeria
Telegram has reports an influx of 13.8 million new users since last Thursday, with a significant 11.6 million of these users coming from Nigeria. This surge has been confirmed by Telegram CEO Pavel Durov and is largely driven by burgeoning cryptocurrency mining activities on the platform.
The primary catalyst for this influx is the launch of Notcoin (NOT), a new cryptocurrency on the TON blockchain. Notcoin, which debuted on May 16, 2024, has captivated users with its innovative mining process accessible via a Telegram mini-app. The cryptocurrency launched at $0.0144, quickly reaching a market cap of about $766 million according to Blockonomi and Decrypt.
