TON has updated the absolute maximum

On April 9, the Toncoin (TON) cryptocurrency exchange rate reached a historic high of $6.98. This happened after the announcement of a partnership between the TON Society developer community and HumanCode, a company specializing in artificial intelligence.

According to the cooperation plans, the project will introduce a palm-based identity verification mechanism in the Telegram messenger. Users participating in the initiative can receive about 1 million TON tokens worth approximately $5.9 million. This process is planned to be fully deployed over the next five years.

In addition, using the HumanCode application, users can verify their identity on the blockchain. The project developers expect that the introduction of Web3 identification in Telegram will reduce the number of bots and increase user control over their digital identity. They hope to attract at least 500 million people to use HumanCode technology in the next five years.

In response to this news, the Toncoin price jumped to its all-time high of $6.98. The daily trading volume increased by 70% to $243.4 million, and the capitalization of the cryptocurrency exceeded $23.6 billion, lifting Toncoin to tenth place in the ranking.

Earlier, the news that Telegram is integrating payments into TON, as well as the allocation of $8 million for the development of the project by the venture giant Yolo Investments, had a positive impact on the Toncoin rate.