Toncoin Spikes on Notcoin Rollout as Bitcoin, Ethereum Trade Flat
With a Notcoin token launch set and Binance and OKX rewards revealed, Toncoin (TON) is flying high.
Toncoin, the native cryptocurrency of The Open Network (TON), is one of the biggest gainers atop the crypto markets Thursday amid launch news about one of the network’s most anticipated tokens. And it comes as the two largest overall coins, Bitcoin and Ethereum, have barely moved over the last day.
Much of the gains came after The Open Network project Notcoin, a viral Telegram-based game, announced that its anticipated token NOT will be launched on May 16. The project attracted 35 million players ahead of April 1, when the “mining phase” ended, and the launch has been on the horizon for weeks amid a couple of previously missed listing targets.
One of the biggest TON price increases so far on Thursday came shortly after crypto exchange Binance announced that it would offer billions of NOT tokens as rewards to its customers via pre-listing staking rewards.
(By Andrew Hayward)
