GRAM rose by 8% amid a decline in the crypto market

The cryptocurrency Gram (GRAM), formerly known as Toncoin, increased by approximately 8% amid a decline in most major digital assets. This growth was noted by Telegram founder Pavel Durov, who posted a message on the social network X on November 10, 2026. According to him, at the time of publication, GRAM was trading around $1.12 with a market capitalization of $3.21 billion.

Durov noted that GRAM is showing positive dynamics despite the overall decline in the cryptocurrency market. He attributed this to the token's use in the Telegram ecosystem, calling its integration into the social platform an advantage over other digital assets.

The entrepreneur also stated that he considers GRAM undervalued and expects it to appear among the top three cryptocurrencies by market capitalization in the CoinMarketCap ranking. However, Durov did not provide calculations to support this assessment and did not specify the expected timeframe for achieving this position.

GRAM rose amid the decline of Bitcoin and major altcoins

According to CoinGecko data at the time of the initial publication on November 11, the price of GRAM was about $1.14, and the capitalization reached $3.26 billion. The daily trading volume increased by approximately 50% to $113 million.

Against this backdrop, Bitcoin (BTC) was trading below $74,000, losing about 1% over the day. Ether (ETH) was slightly above $2,000 after a decline of approximately 2.4%. XRP and Solana (SOL) fell by about 3.5%, and Zcash (ZEC) lost nearly 12%.

However, Durov's assertion that only GRAM is rising does not reflect the dynamics of the entire cryptocurrency market. Some digital assets also showed positive results, so his words should be considered in the context of the chosen comparison.

GRAM's value decreased by more than 46% over the year

Despite the short-term increase, GRAM's longer-term dynamics remained negative. According to CoinGecko, the token lost nearly 8% over 14 days, about 21% over 30 days, and more than 46% over the past 12 months.

At the time of analysis, GRAM was also trading about 86% below its all-time high of $8.25. Therefore, the daily growth did not offset the decline in value over the previous months.

Thus, GRAM demonstrated stronger short-term dynamics compared to several major cryptocurrencies. However, the published market indicators do not allow us to determine what portion of the growth was provided by integration with Telegram and how justified Durov's long-term forecast is.