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TON Is Growing Its Impact with Notcoin Introduced

2024-05-17 06:45:15

Notcoin (NOT), a token that spells reverse TON, has caught the attention of the crypto world lately. Many popular crypto platforms, like Binance, OKX, and Bybit, announced the NOT listing before it was officially launched and opened trading on May 16, 2024, the same day as CoinEx had NOT on the list. With more and more use cases engaging TON, such applications would help strengthen TON and its price.

Highlights:

  • Notcoin is a tap-to-earn game on Telegram created within the TON community.
  • Traders can now earn Notcoin by depositing TON on Telegram.
  • CoinEx and other main platforms are open for NOT trading.
  • The rise of Notcoin helped TON’s price with a 11.26% growth in two days.
  • The growing interest in TON makes it a notable player in the market.

Notcoin's Unique Features

Notcoin, a token created within the TON Blockchain community, became widely known through a popular tap-to-earn game on Telegram. This game has attracted 35 million participants and has effectively introduced them to Web3 technologies.

Notcoin's objective is to act as a bridge to Web3 and is preparing to introduce an innovative tap-to-earn mining mechanism.

The project has received considerable attention due to its play-to-earn gaming feature, which allows users to "mine" digital currency by interacting with an animated coin.

With a market cap of $1 billion and 78% of tokens distributed among miners, Notcoin is positioned to have a significant impact. The expected launch price of Notcoin is estimated to be between $0.50 and $1.00, driven by its strong community support.

Earning NOT by Depositing TON

Traders who already had the Wallet in Telegram can now earn Notcoin by depositing Toncoin. Depositors could earn 5 Notcoins for each deposited Toncoin with the following five steps:

  1. Open the Telegram app.
  2. Click on Wallet.
  3. Click on Wallet Earn.
  4. Click Earn Notcoin on TON.
  5. Start earning Notcoin with your TON coins.

The maximum deposit is 100 TON. If you haven't created your wallet, it is easy to open it by searching “Wallet” in Telegram.

Impact on TON

Toncoin (TON) is the main digital currency used on the TON blockchain, which was created by the TON Foundation. It is used for network operations, staking, on-chain governance, and making payments. The TON blockchain is being improved to make it capable of meeting the needs of millions of users, with the aim of making cryptocurrency accessible to a larger audience.

Toncoin's price marked a 11.26% increase from May 11 to May 13 on CoinEx which might be potentially influenced by the Notcoin's launch.

The rise of Notcoin has positively impacted Toncoin, the TON Blockchain's native token. Toncoin's price marked a 11.26% increase from May 11 to May 13 on CoinEx which might be potentially influenced by the Notcoin's launch.

Additionally, the TON Blockchain has been making headlines due to significant partnerships, including a substantial investment from Pantera Capital, further solidifying its position in the cryptocurrency space.

Notcoin Price on the First Day

Notcoin was opened for trade on several platforms, including CoinEx, on May 16. It's 16.33% down over the past 24 hours at press time; the trading volume is 260.41 million NOT. It is currently at $0.007186.

Notcoin was opened for trade on several platforms, including CoinEx, on May 16. It's 16.33% down over the past 24 hours at press time; the trading volume is 260.41 million NOT. It is currently at $0.007186.

TON’s Future Prospects

TON has been gaining a lot of attention in the market due to its strong performance. The ongoing increase in Toncoin's Total Value Locked (TVL), as reported by DeFiLlama, an on-chain analytics aggregator, is driving the current rally. This surge in TVL indicates a growing interest and confidence in the Toncoin ecosystem.

In addition to the rise in TVL, there has been a significant increase in the total number of holders and active addresses, highlighting the coin's growing popularity among investors. Furthermore, social metrics and discussions about Toncoin across various social platforms have been on the rise, indicating a surge in its popularity.

This growing interest in TON suggests promising future prospects and solidifies its position as a notable player in the market.

Conclusion

Notcoin's emergence and its integration into the TON Blockchain ecosystem have sparked significant interest and positive developments within the cryptocurrency community. As the launch date approaches, all eyes are on Notcoin and its potential to bring about transformative changes in the digital engagement landscape and the TON Blockchain ecosystem.

TON supporters may now make their trade on CoinEx, where NOT supporters can also trade on this platform that is trusted by more than 5 million users in over 200 countries and regions.

Disclaimer: Please note that the information provided on this website is intended for informational purposes only. CoinEx assumes no liability for any financial losses resulting from cryptocurrency trading. It is advised that you conduct your own research.

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