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.
placeholder
Bitcoin ETF Inflows For 2025 Now Outpace 2024, Data ShowsUS Bitcoin spot exchange-traded funds (ETFs) have seen more inflows this year so far compared to the same point in 2024, according to data.
Author  Bitcoinist
Jul 16, Wed
US Bitcoin spot exchange-traded funds (ETFs) have seen more inflows this year so far compared to the same point in 2024, according to data.
placeholder
Gold Price Forecast: XAU/USD gains momentum to near $3,650, eyes on US CPI releaseThe Gold price (XAU/USD) gains momentum to near $3,645 during the early Asian session on Thursday.
Author  FXStreet
Sep 11, Thu
The Gold price (XAU/USD) gains momentum to near $3,645 during the early Asian session on Thursday.
placeholder
Silver price moves above $47.50 as safe-haven demand increasesSilver price (XAG/USD) halts its three-day losing streak, trading around $47.60 per troy ounce during the Asian hours on Wednesday.
Author  FXStreet
21 hours ago
Silver price (XAG/USD) halts its three-day losing streak, trading around $47.60 per troy ounce during the Asian hours on Wednesday.
placeholder
Aave Price Forecast: AAVE approaches $1 trillion in all-time loans despite recent market downturnAave price rebounds, trading above $196 on Wednesday after finding support near a key technical level.
Author  FXStreet
18 hours ago
Aave price rebounds, trading above $196 on Wednesday after finding support near a key technical level.
placeholder
Dogecoin Price Forecast: DOGE steadies amid declining retail interest, bearish on-chain signalsBoth the on-chain and derivatives data suggest weak sentiment among retail and long-term holders.
Author  FXStreet
18 hours ago
Both the on-chain and derivatives data suggest weak sentiment among retail and long-term holders.
goTop
quote