- The crypto community is abuzz with anticipation for the upcoming launch of Notcoin, a new token set to be listed on multiple exchanges including Binance.
- Investors have the opportunity to mine Notcoin before its airdrop, which is scheduled for the 16th of May.
- Meanwhile, Toncoin, the blockchain on which Notcoin will be minted, has seen a surge in value.
Notcoin, a new token causing a stir in the crypto community, is set to launch on the 16th of May. With multiple exchanges announcing its listing and the opportunity to mine before its airdrop, Notcoin is a hot topic for investors. Meanwhile, Toncoin, the blockchain on which Notcoin will be minted, is also seeing a surge in value.
Notcoin’s Arrival
Notcoin has been a topic of discussion among crypto enthusiasts for some time now. The token, which will be minted on The Open Network (TON), has been gaining traction as its airdrop date approaches. Several exchanges, including Binance and ByBit, have announced the listing of Notcoin. Binance has even introduced Notcoin to its launch pool, allowing users to stake their BNB and FDUSD into separate pools to farm NOT tokens. The farming is set to start on the 13th of May.
Toncoin’s Surge
As Notcoin gains traction, Toncoin, the blockchain on which it will be minted, is also benefiting. The token’s price has risen by more than 21% in the last seven days and over 6% in the last 24 hours alone. At the time of writing, Toncoin is trading at $7.43 with a market capitalization of over $25.8 billion, making it the eighth-largest crypto. The increase in Toncoin’s price has been accompanied by a 100% increase in trading volume, indicating a strong foundation for the bull rally.
Future Outlook
As the launch of Notcoin approaches, investors are keenly watching the market. Despite the bullish price action, bearish sentiment around Toncoin has increased, as evidenced by the dip in Weighted Sentiment on the 11th of May. However, indicators such as the Relative Strength Index (RSI) and the Money Flow Index (MFI) suggest a continued bull rally. As we wait for Notcoin’s launch, it remains to be seen whether Toncoin can maintain its momentum.
Conclusion
The upcoming launch of Notcoin is causing a stir in the crypto community. With multiple exchanges listing the token and the opportunity to mine before its airdrop, Notcoin is a hot topic for investors. Meanwhile, Toncoin, the blockchain on which Notcoin will be minted, is also seeing a surge in value. As we approach the launch date, investors will be watching closely to see how these developments unfold.
