Will Notcoin's success be repeated? Telegram has introduced a new cryptocurrency.
Telegram, the social messaging platform, unveiled Stars, a new token for purchasing digital products and services within the app. Yesterday, Telegram CEO Pavel Durov announced that Telegram Stars would enable mini applications to receive payments for digital services with ease. With Telegram's expanding crypto ecosystem, the app is evolving into a large digital marketplace.
Users can acquire Telegram Stars tokens via in-app purchases on platforms like #Apple (AAPL), #Google (GOOGL), or PremiumBot. These tokens can then be used for services like Telegram games, e-books, and online courses. Developers will be able to convert the crypto assets earned into the ecosystem's main asset, Toncoin (TON), broadening the usage of Stars assets.
The Toncoin ecosystem, supported by Telegram, has gained significant attention recently. Notcoin (NOT), developed within this ecosystem, saw a substantial increase in value after being listed on major exchanges. After its mid-May listing on #Binance, NOTE stabilized at around $0.005. By June 2, it surged to $0.029, marking a 500% increase, though it has since settled around $0.02.
Telegram Stars will also be used for mini applications on the platform, similar to Notcoin. Following Notcoin's rapid rise to become one of the top 50 crypto assets, the development of new assets within the ecosystem has accelerated.
