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Toncoin, a native cryptocurrency open network (TON) was one of the biggest gainers in the cryptocurrency market on Thursday, following news of the launch of one of the network’s most anticipated tokens. And it comes out as the two largest overall coins. Bitcoin and EthereumThere was little movement on the last day.
In the last 24 hours, TON has nearly 13% increase The current price per data on CoinGecko is $6.46. It is the second largest coin among the top 100 cryptocurrencies by market capitalization. Akash Network (AKT), an AI-focused cloud computing project, rose 16% on the day.
Most of the gains came after the Open Network project. NotcoinTelegram-based viral game has announced its expected token. NOT will be released on May 16th.. The project has amassed 35 million players ahead of the end of its “mining phase” on April 1, and launch has been on the horizon for several weeks, amidst several previously missed listing targets.
One of the largest TON price hikes to date on Thursday came shortly after cryptocurrency exchange Binance announced that it would be offering billions of NOT tokens as rewards to customers through a pre-listing. Staking Rewards.
More than 4 billion NOT tokens will be distributed through this rewards scheme, along with a similar campaign on rival exchange OKX. In particular, OKX users will need to stake their TON tokens to earn rewards, which could lead to an increase in Toncoin purchases in the future.
On the last day, perpetual-focused decentralized exchange (DEX) dYdX also announced support for Toncoin, and the Hong Kong Hashiki Exchange listed TON on Thursday. With the addition of today’s price action, Toncoin is up 24% compared to last week.
However, few of the top 100 cryptocurrencies have posted significant gains over the past day, with Bitcoin and Ethereum barely performing as mentioned.
The price of Bitcoin is 1% increase today At $62,420 at the time of this writing, with a total gain of 5% over the past seven days, Ethereum rise by about 2% Today it has risen to $3,020. But last week it didn’t rise even 1%.
disclaimer
The views and opinions expressed by the author are for information purposes only and do not constitute financial, investment or other advice.
Edited by Ryan Ozawa.
