Mitrade Insights is dedicated to providing investors with rich, timely and most valuable financial information to help investors grasp the market situation and find timely trading opportunities.

2021

Best News & Analysis Provider

FxDailyInfo

2022

Best Forex Educational Resources Global

International Business Magazine

Insights

News

Cryptocurrencies

Toncoin price surges as Notcoin gains attention across the crypto community

Source Fxstreet

Toncoin price has been up by 11% as top crypto exchanges move to integrate Notcoin.
Notcoin will get listed on the Binance exchange on May 16.
TON may see a rally following Notcoin's listing on top crypto exchanges.

TON saw a brief rally on Thursday following a recent announcement that Binance and OKX will launch Notcoin (NOT) as the newest token on the Binance launchpool and the OKX Jumpstart.

Read more: TON crosses $200 million in Total Value Locked as its network integration continues to scale

TON rallies following Notcoin announcement

Toncoin (TON), The Open Network's native token, has seen impressive gains in the last 24 hours. The Telegram-linked coin currently trades at around $6.40, up by 11% on the day, according to data from Coinmarketcap. TON has outperformed most coins in the top 100 including Bitcoin and Ethereum.

Toncoin's recent price boost can be traced to the growing popularity of the Telegram game community token Notcoin (NOT), which has garnered plenty of attention in the last 24 hours.

Also read: High hopes rouse for TON coin with Pantera as its latest investor

Notcoin is beginning to see integrations across top crypto exchanges, giving it more visibility among crypto investors. Binance announced on Thursday that the token would be the 54th to be added to its launchpool.

Other top exchanges have also mentioned the inclusion of the cryptocurrency into their markets, including OKX Jumpstart on May 13 and the Bybit spot market on May 16, even though users can start storing the token.

Read more: Ton Foundation airdrops $600,000 to NFT traders and holders

Toncoin may continue to see a rally with the growing attention surrounding the Notcoin listing since most platforms require investors to stake their TON tokens in exchange for Notcoin. For example, OKX users would need to stake TON to gain Notcoin rewards. The excitement surrounding Notcoin's launch may also serve as a catalyst for TON to see another round of rally.

Disclaimer: For information purposes only. Past performance is not indicative of future results.

Recommended Articles

WTI (USOIL) Is down 2.03% on Sep 25: Here Is Why WTI (USOIL) is down 2.03% at Sep 24 22:20(UTC+0), now at $92.517, with a 7-day down of 3.63%.What is driving WTI (USOIL)’s stock price down today?The drop in WTI crude oil prices was primarily driven by

Author TradingKey

Yesterday 04: 57

WTI (USOIL) is down 2.03% at Sep 24 22:20(UTC+0), now at $92.517, with a 7-day down of 3.63%.What is driving WTI (USOIL)’s stock price down today?The drop in WTI crude oil prices was primarily driven by

Silver Price Forecast: XAG/USD remains steady near $64.00 as oil prices ease Silver price (XAG/USD) inches higher after two days of losses, trading around $63.90 per troy ounce during Asian hours on Friday. Non-yielding Silver is finding underlying support as inflation concerns ease following a pullback in crude oil prices.

Author FXStreet

Yesterday 03: 30

Silver price (XAG/USD) inches higher after two days of losses, trading around $63.90 per troy ounce during Asian hours on Friday. Non-yielding Silver is finding underlying support as inflation concerns ease following a pullback in crude oil prices.

Gold Price Forecast: Gold Drops Below $4,300, Will It Continue to Fall? As of the European session on September 24, gold prices (XAUUSD) extended their correction, dipping below $4,300 intraday to hit a low of $4,262.45. After previously rebounding close to $

Author TradingKey

Sep 24, Thu

As of the European session on September 24, gold prices (XAUUSD) extended their correction, dipping below $4,300 intraday to hit a low of $4,262.45. After previously rebounding close to $

Yen touches 158.37 as Tokyo reopens, then slips back — ¥15.4 trillion of intervention and the 200-day line stand between here and 160 USD/JPY reached 158.37 overnight, its highest since early September, then eased to 157.88 as Japanese markets reopened after a three-day holiday. The Ministry of Finance has spent ¥15.4 trillion defending the yen since late July and the BOJ ran a rate check on September 18. The 200-day average sits at 158.43.

Author Irene Q.

Sep 24, Thu

USD/JPY reached 158.37 overnight, its highest since early September, then eased to 157.88 as Japanese markets reopened after a three-day holiday. The Ministry of Finance has spent ¥15.4 trillion defending the yen since late July and the BOJ ran a rate check on September 18. The 200-day average sits at 158.43.

US input costs rose at the fastest pace in four years — the September flash PMI beat is an inflation story, not a growth story US September flash PMIs came in far above expectations, with the composite at 58.4, a five-year high. But the detail that moved markets was input cost inflation at its fastest since October 2022, driven by fuel, transport and supply shortages. Brent is back above $100 and the 10-year Treasury yield has hit its highest since 2007.

Author Suzie

Sep 24, Thu

US September flash PMIs came in far above expectations, with the composite at 58.4, a five-year high. But the detail that moved markets was input cost inflation at its fastest since October 2022, driven by fuel, transport and supply shortages. Brent is back above $100 and the 10-year Treasury yield has hit its highest since 2007.

Popular Symbols