CDS Crypto News Notcoin: Anticipation Builds Ahead of Official Listing as Staking Options Expand
Crypto News

Notcoin: Anticipation Builds Ahead of Official Listing as Staking Options Expand

86
Notcoin: Anticipation Builds Ahead of Official Listing as Staking Options Expand

Notcoin News – As the crypto community eagerly awaits the official listing, over 35 million members have been presented with various options to manage their NOT tokens. Notcoin, a Telegram-based game, has captivated crypto enthusiasts by opening its airdrop claim, allowing players to stake their tokens ahead of the much-anticipated listing on multiple exchanges starting May 16. Players in the Telegram-based game can now claim their Notcoin (NOT) tokens at a conversion rate of 1,000 to 1. This means that if a player mined 100,000 in-game coins, they would be eligible to claim 100 NOT tokens on The Open Network (TON).

Staking and Withdrawal Options Drive Investor Interest

With the listing date approaching, the Telegram-based coin has provided several options for managing NOT tokens. Players can choose to deposit their tokens on exchanges like Binance, OKX, or ByBit, or use the wallet app on Telegram. However, the developer has announced that deposits will be temporarily paused on Wednesday in preparation for the listing.

In an official Telegram post, players were informed they could stake their tokens to gain a higher status level within the ecosystem, granting them premium access to better conditions and exclusive projects. Additionally, participants can withdraw their NOT tokens to a personal wallet.

Exchanges Unveil Staking Rewards Ahead of Notcoin Debut

The staking rewards campaign launched by exchanges such as Binance and OKX has generated significant buzz. These exchanges will distribute over 4 billion NOT tokens, more than 4% of the total supply, to their users.

Binance has allocated 3 billion NOT tokens for its Launchpool campaign, which has seen platform members stake a combined $13.7 billion in Binance Coin (BNB) and the FDUSD stablecoin. By the end of Monday, the amount staked was climbing above $14 billion.

Notcoin: Anticipation Builds Ahead of Official Listing as Staking Options Expand

A crypto researcher and DeFi analyst known as BMS, with over 150 thousand followers on X, revealed that Notcoin had broken the Portal’s record as the best-performing project on the Binance launchpad. He noted that $16 million in BNB was staked for Portal, another digital gaming platform, while $18 million is currently being staked for NOT.

Chikwendu Moses, a crypto enthusiast and airdrop hunter who has been closely following Notcoin’s progress, commented on BMS’s post, predicting that Notcoin could reach $3 upon listing.

The level of interest in staking NOT tokens in the Launchpool is reminiscent of successful crypto projects. If this enthusiasm continues, Notcoin could quickly amass billions in market capitalization, significantly impacting its price.

Notcoin: Anticipation Builds Ahead of Official Listing as Staking Options Expand

Leave a comment

Leave a Reply

Related Articles

Top 3 Crypto Headlines This Week

Top 4 Crypto Headlines This Week

Vitalik Buterin Backs New Blockchain Project MegaETH

Vitalik Buterin Backs New Blockchain Project MegaETH

Breaking Crypto News – Sam Altman’s Worldcoin Project Enlists Former Apple, Google, Meta, Tesla, and X Executives

Former Big Tech Executives Join Tools for Humanity to Strengthen Privacy, Security,...

Crypto News – Tether and Turkey Sign MoU Aiming to Promote Cryptocurrency Freedom

Tether, the stablecoin giant, is keen to explore the potential for introducing...