Pantera Capital and Major Exchanges’ Announcements Skyrocket Altcoin Price: Spotlight on Coin Name (Symbol)

  • Notcoin (NOT), a community token within the TON Blockchain, is set to be listed on leading global crypto exchanges OKX and Binance, despite not yet being officially launched.
  • The news of Notcoin’s listing has sparked a 13% surge in the price of TON, while statements from Pantera Capital have also influenced the altcoin’s price jump.
  • Notcoin, which gained initial popularity through a viral touch-win game on Telegram, is now focused on building an ecosystem, with a gaming platform and Web3 project discovery tools being the current focal points.

Notcoin (NOT) is set to be listed on OKX and Binance, leading to a 13% price surge in TON. The token, which gained popularity through a viral Telegram game, is now building an ecosystem with a focus on gaming and Web3 project discovery tools.

Notcoin to Enhance TON Blockchain Ecosystem?

OKX will use its platform for new crypto projects, Jumpstart, to allow Toncoin (TON) holders to stake their coins for NOT tokens. They have set a staking limit of 4,000 TON per participant. The staking process will begin on May 13. Meanwhile, Binance Launchpool introduced Notcoin as its 54th project, allowing users to farm NOT by staking BNB and First Digital USD (FDUSD). Farming will also begin on May 13. Notcoin, a community token within the TON Blockchain, gained initial popularity through a viral touch-win game on Telegram with 35 million participants. It introduced users to Web3 technologies and is now focusing on building an ecosystem that includes a gaming platform and Web3 project discovery tools. However, the official launch date for Notcoin is yet to be determined.

NOT Developments Pushed Up This Altcoin Price!

Despite the lack of an official launch date, listings on CoinGecko and CoinMarketCap suggest that the launch is imminent. This development positively impacted the price of TON Blockchain’s native token, Toncoin, which saw a price increase of approximately 13% in the last 24 hours. At the time of writing, the altcoin was trading at $6.86.

Pantera Capital: TON is Our Biggest Investment to Date!

In addition to the anticipated launch of Notcoin, TON Blockchain has been making headlines recently, particularly due to a flurry of partnerships. Among the significant developments is a major investment from Pantera Capital. Although the amount was not disclosed, Pantera Capital claimed that TON is their “biggest investment to date”. In a recent blog post, Pantera Capital’s CEO, Dan Morehead, expressed his views on the transformative potential of Blockchain, partly influenced by his interactions with Telegram’s founder, Pavel Durov. Morehead highlighted Durov’s commitment to the principles of freedom and openness that underpin the Telegram platform and, by extension, the TON Blockchain. “We are honored to partner with people with such strong beliefs. Pantera recently made its biggest investment in TON to date,” said Morehead.

Conclusion

With the listing of Notcoin on major exchanges and the significant investment from Pantera Capital, TON Blockchain is poised for growth. While the official launch date for Notcoin is yet to be announced, its development and the surge in TON’s price indicate a promising future for the token and the TON Blockchain ecosystem.

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Crypto Vira
Crypto Virahttps://coinotag.com/
Alican is a young and dynamic individual at the age of 23, with a deep interest in space exploration, Elon Musk, and following in the footsteps of Atatürk. Alican is an expert in cryptocurrency, price action, and technical analysis. He has a passion for sharing his knowledge and experience through writing and aims to make a positive impact in the world of finance.
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