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

Gold Price Forecast: Gold Eyes Key $4,400 Resistance as Falling Oil Prices Ease Inflation Pressure As of the Asian session on September 21, gold prices (XAUUSD) maintained high-level consolidation intraday today following a strong rebound last week, with the latest price trading around

Author TradingKey

10 hours ago

As of the Asian session on September 21, gold prices (XAUUSD) maintained high-level consolidation intraday today following a strong rebound last week, with the latest price trading around

Crude Oil Price Forecast: Can Brent Hold $100 as Saudi Export Recovery Weighs on Risk Premium?International oil prices fell for a fourth consecutive trading day on Monday, marking their longest losing streak since June. Although Iranian-backed Houthi militants launched fresh attac

Author TradingKey

10 hours ago

International oil prices fell for a fourth consecutive trading day on Monday, marking their longest losing streak since June. Although Iranian-backed Houthi militants launched fresh attac

Brent slides below $102 after Houthis' first strike on Riyadh — why oil can't hold $100 Houthi forces struck Riyadh for the first time on September 19 and hit Yanbu facilities — yet Brent opened at $104.71, peaked at $104.90 and settled at $101.68 (-1.63% on the day). Here is the four-way data tug-of-war between strike escalation and supply recovery, and the two switches that decide where oil goes next.

Author Irene Q.

16 hours ago

Houthi forces struck Riyadh for the first time on September 19 and hit Yanbu facilities — yet Brent opened at $104.71, peaked at $104.90 and settled at $101.68 (-1.63% on the day). Here is the four-way data tug-of-war between strike escalation and supply recovery, and the two switches that decide where oil goes next.

Today’s Market Recap: AI Chip Stocks Gain, SanDisk Surges Nearly 11%, Micron Rises Nearly 4%, Bitcoin Reclaims $80,000 Tracking Market TrendsTradingKey - On September 18, Eastern Time, U.S. stocks capped off a volatile week with the three major benchmarks closing mixed. Tech and semiconductor stocks extended their reb

Author TradingKey

17 hours ago

Tracking Market TrendsTradingKey - On September 18, Eastern Time, U.S. stocks capped off a volatile week with the three major benchmarks closing mixed. Tech and semiconductor stocks extended their reb

Bitcoin squeezes back above $80,000 — 110,000 traders liquidated as the hawkish Fed and CLARITY setback fail to hold it down; is $83,000 next?Bitcoin closed above $80,000 on Friday for the first time since September 7, and pushed to $81,299 over the weekend, triggering about $603 million of liquidations — $523 million of them shorts — across more than 110,000 traders. With the Fed's hike already priced and the SEC and CFTC advancing crypto rules after the CLARITY Act failed, here is what stands between BTC and the $83,000 gate.

Author Suzie

Yesterday 06: 19

Bitcoin closed above $80,000 on Friday for the first time since September 7, and pushed to $81,299 over the weekend, triggering about $603 million of liquidations — $523 million of them shorts — across more than 110,000 traders. With the Fed's hike already priced and the SEC and CFTC advancing crypto rules after the CLARITY Act failed, here is what stands between BTC and the $83,000 gate.

Popular Symbols