ByBit will start trading and withdrawing NotCoin next week
NotCoin, which is (not) integrated as a mini app on Telegram, is trending on X among major crypto exchanges preparing to list the token.
Crypto exchange ByBit officially announced the listing of Notcoin on its platform on May 9, with immediate deposits. The exchange plans to start NOT trading and withdrawals on May 16 and May 17.
ByBit mentions that deposits and withdrawals are available through the Open Network (TON) and are automatically processed by the trading tool when a transaction is listed.
After adding NOT to the launch pool on May 9, the Binance exchange will begin spot trading of NotCoin on May 16. Telegram's third-party custodian crypto wallet, will also NOT be added on May 16.
Additionally, crypto exchange OKX plans to showcase Notcoin at its Jumpstart Mining event on May 13, allowing Toncoin (TON) holders to hold tons and earn rewards in NOT.
Excitement around NOT is gaining momentum on social media, with the “#Notcoin” hashtag amassing over 35,000 posts on X at the time of writing.
In the year Launched in January 2024, NotCoin is a free-to-play game on Telegram where users are rewarded with NotCoin tokens by simply tapping coin icons. The NOT cryptocurrency is based on the TON blockchain and was founded by Sasha Plovinov, the founder of Open Builders, the team behind the game.
Shortly after the launch of the Notcoin game, the clicker game was launched on Telegram, attracting millions of users even though the token was not – if not – yet traded on crypto exchanges like Binance.
According to Plovinov, Notcoin – or “not a coin until it has” – solved the problem of attracting Telegram users to crypto, as the application reached 30 million users a few months after its launch.
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At the time of writing, the official Notcoin community channel on Telegram has more than six million subscribers and 1.6 million followers X. According to data from the Notcoin bot on Telegram, the game brought 648,015 notcoiners.
“No one knows what the price of NOT will be after listing,” the NotCoin team wrote in a blog post, noting that mining has already been completed.
The news comes at a time when the ton ecosystem trend is on the rise. On May 8, major crypto investor Pantera Capital announced that its strategic investment in Ton was the company's “biggest investment ever.”
The Toncoin cryptocurrency responded to the news by rising from $5.5 to about $7. At the time of writing, the ton is at $6.88, up nearly 27% over the past seven days.
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