Toncoin (TON), the native cryptocurrency of The Open Network blockchain and supported by Telegram, has experienced a significant surge in value over the past 24 hours, with an increase of more than 17%. As of May 10, it is trading at approximately US$6.9. This rally follows the announcement of Notcoin (NOT), a community token based on Telegram, which will be listed on the renowned cryptocurrency exchange, Binance, on May 9.
Notcoin (NOT) will be the 54th project to be integrated into Binance Launchpool, and it aims to revolutionize user participation on web3. This announcement has generated substantial interest within the community, particularly among individuals involved in mining and staking.
According to the platform, Notcoin introduces an innovative mining mechanism called “tap-to-win.” Starting from May 13, 2024, enthusiasts will have the opportunity to stake their BNB and FDUSD coins in specific pools in order to accumulate NOT tokens. The staking period will conclude on May 16, 2024, coinciding with the listing of NOT on Binance at 12:00 UTC. Investors will be able to trade NOT through various trading pairs, including NOT/BTC, NOT/USDT, NOT/BNB, NOT/FDUSD, and NOT/TRY.
As of the time of publication, the price of Toncoin is quoted at US$6.93, marking a 15.9% increase within the past 24 hours. Over the last seven days, the cryptocurrency has demonstrated impressive growth, appreciating by 32.2%.
Bybit, another prominent cryptocurrency exchange, has also announced the listing of Notcoin (NOT) on its platform. Deposits are now available, and the exchange plans to enable NOT token trading and withdrawals on May 16th and 17th, respectively.
Disclaimer: The views and opinions expressed in this article, as well as those of individuals mentioned, are solely for informational purposes and should not be considered financial or investment advice. Investing or trading cryptocurrencies carries the risk of financial loss.
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