The Merkle: How Did Telegram Raise $850M Again Despite Plummeting Crypto Prices? Featured
Telegram is at it again. While most cryptocurrencies’ prices have taken a nosedive with some even hitting record lows for the year, Telegram remains unfazed and has repeated its exploits from earlier in the year when it broke the ICO record for the most amount of money raised ($850 million). This brings the total amount raised by the messaging app to $1.7 billion, a figure that’s way above their initial target and one that the company may still surpass in the coming days. THE RECORD BREAKERS Reports of the expected ICO started spreading as far back as early December of last
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