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Pavel Durov has publicly supported the Major mini app and its native token, MAJOR.Durov has pledged to hold 1% of the total MAJOR token supply for 10 years.MAJOR is currently trading 100% above its initial price of $0.6793.Pavel Durov, CEO of Telegram, has thrown his support behind the Major mini app and its native token MAJOR, which launched today on multiple exchanges. Meanwhile, the token, based on The Open Network TON $6.45 24h volatility: 4.1% Market cap: $16.36 B Vol. 24h: $661.14 M , saw extraordinary price action on its debut. MAJOR has skyrocketed from an initial price of $0.6793 to an eye-popping $36.75 before stabilizing at $1.43.
Durov’s endorsement comes with a personal pledge: he will hold 10 million MAJOR tokens, equivalent to 1% of the total supply, for a decade. Telegram CEO expressed his admiration for Major’s seamless integration with Telegram and its remarkable growth. He also praised the project’s innovative roadmap, which includes features like username NFT rentals and digital IDs.
Durov’s endorsement and long-term commitment to the project have added significant credibility to the platform, boosting its visibility in the blockchain space. Major’s team soon posted:
“Special thanks to Pavel Durov for believing in our project and his kind words. We greatly appreciate them, as well as the convenient and cool Telegram platform where any project can be realized.”
Wild Debut on Six Exchanges
The MAJOR token debuted with an airdrop and is now listed on six major exchanges, including OKX, where futures trading began even before the official launch. The token’s volatile price trajectory – rising over 110% from its opening price and briefly touching $36.75 – reflects high market interest and speculative trading activity.
Currently, the MAJOR token boasts a market cap of $143.29 million. The project has a total supply of 1 billion tokens, although details about its maximum supply remain unspecified at the time of writing.
About Major Mini App
Launched in July 2024, Major is a star-collecting game exclusively designed for Telegram users. Players earn Stars, the in-game currency, to compete for ranks and reputation within the Telegram community. In just five months, the app has amassed over 70 million users and 40 million monthly active participants, making it one of the most successful projects on TON.
Notably, as part of the launch, the Major team allocated 10% of the token supply for themselves, with 9% locked for two years and 1% gifted to Durov. The project’s rapid success highlights the growing synergy between blockchain and social platforms, with Telegram emerging as a hub for innovation.
The game’s integration with Telegram has allowed it to adopt features that feel native to the platform, creating a seamless user experience. Last week, leading crypto exchange Bitget announced its partnership with Major to facilitate gas-free airdrops for MAJOR tokens.
With its innovative features, massive user base, and Durov’s endorsement, Major is positioned as a leader in the Telegram-based blockchain gaming world.
Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.
With a background in finance and a passion for innovation, Anisha has been covering the ever-evolving world of crypto for over four years. Her deep understanding of the crypto market have made her a trusted source for analysis and news. Whether it's dissecting the latest trends or decoding whitepapers, Anisha is dedicated to bringing clarity to the world of digital assets.
