Notcoin is quickly gaining attention through Telegram games and is coming to Binance!
The mining activity is scheduled to start at 00:00 (UTC) on May 13, 2024. Notcoin will then be officially launched at 12:00 (UTC) on May 16, 2024. As part of the TON ecosystem, Notcoin has quickly gained widespread attention through viral games on Telegram. Notcoin will be one of the few projects to be listed on Binance Launchpool at the same time.
Boosted by the relevant news, the BNB price broke through 600 USDT in the short term, with an increase of 2.73% in 24 hours.
At the same time, Bybit announced the launch of a new initial DEX offering (IDO) project Nulink (NLK), and the subscription period will be extended from 18:00 on May 9 to 18:00 on May 13.
Additionally, on the X platform, io.net, a DePIN protocol affiliated with the Solana ecosystem, announced that the points for the first season of its Ignition program are now officially launched.
As of the 27th, there are about 500,000 Notcoin NFTs in circulation in the TON ecosystem. Each Notcoin NFT is priced at 10 M = 9 TON. Based on the TON price of $5, the market value of this batch of NFTs is about $22.5 million. In addition, the total transaction volume reached 2 million TON, equivalent to a transaction volume of $10 million.
Since March 15, Notcoin NFT transactions have become active. On the 25th, the transaction volume reached a recent peak, with a total of 25,000 NFTs traded, an average transaction price of 10 M = 6.7 TON, and a total transaction volume of US$837,500. Then on the 26th, the transaction volume dropped slightly to 21,000, but the average transaction price rose to 10 M = 9.9 TON, and the total transaction volume increased to US$1,039,500. In addition, the highest transaction price was recorded on March 13, reaching 66 TON per 10 M, while the lowest price occurred on March 20, at only 3.7 TON per 10 M.
FISH, the current top-ranked meme coin in the TON ecosystem, has a market value of $39 million and a 24-hour trading volume of $2.55 million. In contrast, Notcoin's performance in the NFT trading market has a market value and trading volume of about half of FISH. This difference highlights FISH's strong position in the market and Notcoin's potential in catching up.
Notcoin ranks second in the meme coin rankings in the TON ecosystem. It is important to point out that The Open Network (TON), formerly known as Telegram Open Network, has been officially supported by Telegram from the beginning and deeply integrated with it. TON benefits from Telegram's huge user base and traffic entrance. By supporting TON, Telegram is committed to building a free, privacy-protecting decentralized digital ecosystem. This unique relationship gives TON a unique advantage in the blockchain field.
The new EOS token economic model, which is scheduled to be deployed to the mainnet by the end of May, is expected to completely change its market dynamics. The new model foresees a fixed token supply of 2.1 billion, a move intended to curb potential inflationary issues. In addition, the model proposes to destroy 80% of the total future supply to further stabilize the token value. According to this plan, EOS's staking reward system is expected to be launched by the end of June, aiming to incentivize coin holders and enhance network security.
He Yi pointed out on the X platform that some mainstream media reports today tend to be emotional and biased, often ignoring the principle of fact-based journalism. She gave an example that subjective complaints from former employees are often used as news content, while important facts such as Binance assisting law enforcement agencies in proactive investigations and assisting in the capture of Zkasino's main criminal suspect rarely receive media attention and coverage.
Trump waves the crypto flag: Meme coin market explodes due to Trump video, trading volume surges, and global ETF cash flow shakes the crypto market!
Recently, a video of Trump supporting cryptocurrency has been widely circulated in the crypto community, sparking heated discussions. At the same time, some meme coins themed after political celebrities are particularly active on the Solana chain, with Trump-themed tokens becoming the top two in terms of transaction volume on the Solana chain in the past 24 hours.
FRONT token had strong intraday trading performance, with the highest price hitting 1.87 USDT, achieving a significant increase of 40.35% in 24 hours.
The latest price of AVAIL futures is $0.48, and the price has increased by 30.51% in 24 hours.
According to the latest data from Etherscan, the gas fee of the Ethereum network has dropped to 4 gwei, showing a significant reduction in network transaction costs.
Yesterday, the U.S. Bitcoin spot ETF recorded a total net inflow of US$11.5409 million. At the same time, the ETF's net asset ratio climbed to 4.25%.
In Hong Kong, the trading of virtual asset ETFs has cooled slightly, with yesterday's trading volume reaching HK$19.0395 million, down 32.18% from the previous day. As of May 8, the holdings of Hong Kong Bitcoin ETFs have stabilized at 4,343 BTC.
In addition, cryptocurrency market trading volume fell for the first time in seven months in April, affected by the dual impact of escalating geopolitical tensions and slowing inflows into U.S. spot ETFs.
Currently, the total notional value of open interest in the global Bitcoin (BTC) options market has reached US$18 billion, while the notional value of open interest in Ethereum (ETH) options is US$9.45 billion.
Five cryptocurrencies are gaining attention for their extremely high potential returns during the bull run to 2024.
Here are five altcoins that are believed to have the potential to grow 10-100x:
SUN
Founded in late 2017, Solana is a high-performance single-chain delegated proof-of-stake protocol developed by former Qualcomm, Intel, and Dropbox engineers. Its uniqueness lies in the use of a decentralized clock technology called "Proof of History (PoH)", which solves the problem of lack of a unified time source in distributed networks. Solana is designed to provide extreme scalability without sacrificing decentralization and security. Its native token SOL is used to incentivize network verification and adopts a deflationary policy to enhance its value.
LTC
Litecoin found support at $75 after a period of price correction and showed strong rebound potential. As the volume of payments processed by Litecoin has increased significantly, its usefulness in the transaction world has become increasingly apparent. Litecoin is designed to provide fast, low-cost transactions, making it a practical alternative to Bitcoin’s high transaction fees.
BONK
As an emerging meme coin, BONK has shown amazing growth potential in a short period of time. Driven by broad community support and positive market sentiment, BONK shows the potential to continue to grow, especially when large cryptocurrencies such as Bitcoin and Ethereum gain market momentum.
Jupp
Jupiter token has achieved amazing growth in the past six months, indicating its strong performance in the market. As a high-performance cryptocurrency, JUP's price has broken through historical highs many times in a short period of time, indicating its long-term growth potential.
ok
ONDO is becoming a real game changer through its innovative DeFi applications and practical features. It has attracted the attention of a large number of investors by tokenizing traditional assets and promoting decentralized financial services. As the field of tokenization of physical assets grows, ONDO is expected to achieve significant growth in this bull market.
The unique attributes and market dynamics of these altcoins make them the star products of the 2024 bull run, which is expected to bring huge returns on investment.
