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Get Ready to Stake and Trade: Notcoin Hits OKX and Bybit This May!

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  • OKX Jumpstart will list Notcoin on May 13, 2024, enabling TON holders to stake up to 4,000 TON for NOT coins.
  • On May 16, 2024, Notcoin will list on Bybit, broadening its reach and improving market accessibility and liquidity.

OKX Jumpstart has listed Notcoin (NOT), a community token that is unique to the Ton network. A special staking opportunity is presented to TON holders with the listing, which is set to start on May 13, 2024, at 6:00 am UTC. TON holders can stake their tokens for NOT tokens during this event; each person can stake up to 4,000 TON.

The Ascent of Notcoin via Social Media

A creative distribution plan has helped Notcoin become quite successful. Over 35 million people have played the token to date in a well-liked Telegram game. Setting a standard for token releases via social media, this distribution strategy not only increased reach but also encouraged a strong sense of community among participants.

There are certain regional limitations to the campaign, though. Ineligible participants in this staking event are those from Korea, Hong Kong, and mainland China. The exchange is dedicated to security and regulatory compliance, as seen by the need for all participants finish identification verification.

Coming Soon ByBit Listing

The fact that Notcoin will be making its Bybit exchange debut will further heighten the anticipation. With the TON network to handle deposits and withdrawals, the listing is set for May 16, 2024, at 12 PM UTC.

It is predicted that this growth would improve Notcoin’s accessibility and liquidity, boosting its use and acceptance inside the cryptocurrency ecosystem.

Performance in the Market and Development of the Ecosystem by TON

On the other hand, the announcement coincides with strong market expansion for TON. As of right now, TON is valued at about $6.03, up 6.43% from the last 24 hours, according to CoinGecko data. A positive market mood is reflected in the token’s remarkable 24.28% rise over the last week.

Moreover, as previously reported by ETHNews, timely DeFi projects and purposeful initiatives like The Open League have greatly enhanced the environment of TON.

With these efforts, the network has achieved about $200 million in total value locked (TVL), proving the growing confidence and investment in the TON network by the cryptocurrency community.

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Syofri is an active forex and crypto trader who has been diligently writing the latest news related to the digital asset sector for the past six years. He enjoys maintaining a balance between investing, playing music, and observing how the world evolves. Business Email: info@ethnews.com Phone: +49 160 92211628