The GRAM (formerly Tonkin) token has fallen below $1 for the first time since 2022.

The GRAM (formerly Tonkin) token has fallen below $1 for the first time since 2022.

The GRAM (formerly Tonkin) token price immediately dropped below $1. This happened for the first time since 2022, if you do not count the abnormal short-term collapse of the entire crypto market on October 10, 2025.

In May, a series of posts by Pavel Durov in support of TON coincided with an increase in the price of the token from $1.4 to $3 in a matter of days. After that, on Durov's initiative, Tonkin was renamed Gram. He also announced widespread integration of the token on Telegram and announced a new crypto wallet on Messenger.

Since the high of May, the GRAM price has gradually declined. At its peak in 2024, during the hype surrounding Notcoin and other scams, the token price peaked at $8.3.

At 16:00 Moscow time, Durov wrote on his channel that over the past 48 hours more than 700,000 non-custodial wallets were created on Telegram, adding that "the crypto revolution is underway." Immediately after the announcement, the GRAM rate jumped by 2.5%.