Notcoin goes live on TON blockchain, airdrops over 80 billion tokens
Viral web3 clicker game Notcoin has issued its cryptocurrency on the The Open Network (TON) blockchain — airdropping more than 80 billion NOT tokens to participants as it opens for trading on crypto exchanges.
Notcoin launched as a Telegram Mini App in January, growing to attract a community of over 35 million players, according to a statement shared with The Block.
Telegram Mini Apps are small applications integrated into the Telegram messaging platform that allow users to interact with various services without leaving the application.
Players “mined” the in-game currency by simply tapping a Notcoin icon on their phone, with the amount accrued now converted into the NOT token, distributed to all users with a connected TON wallet at a 1000:1 ratio.
Prior to today’s token generation event, pre-market trading of Notcoin was launched via an NFT trading system in March, with nearly 800,000 NFT vouchers minted by the end of the game’s “mining” phase on April 1.
With a floor price of around $26 and a total trading volume of around $26 million during the period, the NFTs became the fourth-largest NFT collection on the TON blockchain, according to NFT marketplace Getgems, with more holders than any other TON-based collection. These NFT vouchers can now also be converted into NOT tokens at a 1000:1 ratio.
Overall, 72,265,851,714 tokens have been distributed to miners, and 7,953,370,000 tokens are now redeemable by NFT voucher holders. Eligible users can claim the tokens via the Notcoin app and withdraw NOT on-chain.
The total supply of NOT is 102,719,221,714 tokens. “Miner” and NFT voucher holder allocations account for 78% of this, with the remaining 22% (22.5 billion NOT) reserved for new users, traders and future development activities.
Notcoin previously stated that 100% of NOT tokens would be allocated to “miners” in a “bitcoin-style” distribution where the average allocation is 0.0003%.
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DEXes shouldn’t just copy CEX UX. They should rethink the backend. MYX replaces centralized matching with a dynamic node staking system — where the matching engine belongs to the users.
In a truly decentralized perp exchange, you should know who matched your order — and why they earned the rights. MYX is building this transparency from the ground up
Arbitrum (ARB) Hit 2 Million Daily Transaction Milestone Amid Crucial Update
As ITB noted, since March, Arbitrum has consistently hit an average of one million transactions per day. This is significant as it proves the network is more user-friendly than its peers. The Arbitrum transaction surge has been a major buildup over time. Per the one-year chart shared, Arbitrum’s transaction growth has remained relatively flat, around 100,000 to 500,000, from September through October 2023.
This Arbitrum transaction milestone comes at a time when the protocol announced its Stylus MultiVM protocol has achieved a new update. Dubbed the Giga-update, the upgrade is designed to reduce transaction fees even further, by 2 to 4x cheaper. The Stylus update also comes with better tooling, improved safety and contract size compression for enhanced functionality.
Arbitrum occupies a unique position in the Ethereum L2 ecosystem. With a rich record of price fluctuations and bullish fundamentals, the protocol has always left users wishing for more. In mid-March, as many as 1.6 billion ARB tokens flooded the market. Amid the bearish sentiment at the time, the tokens still showcased resilience.
At the moment, Arbitrum is changing hands for $1.02, up marginally by 0.17%. According to top market analyst Ali Martinez, the TD Sequential indicator currently presents a buy signal on the Arbitrum weekly chart. Per the analyst, this indicator teases a one-to-four-candlestick rebound for ARB in the near
TRON is currently at the #12 rank in the crypto world. It had an ATH of $0.3004 on Jan 05, 2018, while the current price is only $0.1094, down by 66.56% from its ATH. Has the TRX token lost its charm? Will TRX crypto recover in the future? Find out answers to all these and other relevant queries in our TRON price prediction and much more.
According to our TRON price prediction, the TRX coin price might trade in a range from $0.092 to $0.172 in 2024.
TRX is predicted to hit $0.21. Based on the TRON price prediction for 2025, the TRX’s price can trade in a range from $$0.150 to $0.216 for 2025.
Our TRON price prediction for 2030 suggests that the coin’s average price may be around $0.665, while the minimum and maximum prices may be at $0.545 and $0.785, respectively.
Solana Price Prediction as Traders Predict 40% Surge Coming Soon – Here’s What You Need to Know
Solana Price Prediction as Traders Predict 40% Surge Coming Soon – Here's What You Need to Know The Solana (SOL) price is pulling lower on Tuesday, dipping back to $150 having pushed nearly as high as $160 earlier in the day, though traders continue to predict big near-term upside for the token.
Solana succumbed to sell pressure on Tuesday after challenging the $160-163 support-turned-resistance zone, where the 50DMA also resides.
For now, the Solana price remains locked within a $120-160 range. For now, the Solana price remains locked within a $120-160 range. Source: TradingView SOL is still up more than 25% versus last week’s lows. Last week’s weaker-than-expected US jobs data helped boost sentiment on rising confidence for Fed rate cuts this year.
Spot Bitcoin ETF flows have also been positive in recent days, though US regulatory fears are in focus this week. The SEC this week hit retail stock and crypto trading platform Robinhood with a Wells Notice.
For now, the Solana price remains locked within a $120-160 range.
But traders continue to predict big things for the cryptocurrency. Here’s what you need to know.
Scaling Bitcoin Together" Event Set to Unite Bitcoin Leaders in Hong Kong
PRESS RELEASE. As a part of Bitcoin Asia Week 2024, the “Scaling Bitcoin Together” event will take place on May 11, 2024, in Hong Kong. This event will bring together top blockchain experts to discuss how to grow the Bitcoin ecosystem.
The “Scaling Bitcoin Together” aims to foster discussions that propel the development of the Bitcoin ecosystem. The event will feature a series of keynotes, panel discussions, and networking opportunities, focusing on critical topics such as Bitcoin East & West, Bitcoin Scalability, and Bitcoin DeFi.
Distinguished Co-hosts
This year’s event boasts a distinguished line-up of co-hosts, including (sort from A – Z):
Citrea: Known for being the first rollup that enhances the capabilities of Bitcoin block space with zero-knowledge technology. With Citrea, developers can leverage Bitcoin as the foundation for diverse on-chain applications, from DeFi to private transfers. Particle Network: Recognized as the Modular L1 Powering Chain Abstraction, Particle Network is dedicated to enhancing interchain operability and facilitating efficient blockchain ecosystems. ScaleBit: A leader in blockchain security auditing, ScaleBit specializes in emerging ecosystems such as ZKP, Bitcoin, Layer 2, and Cross-chain applications, ensuring the highest standards of security and reliability. Why Attend?
“Scaling Bitcoin Together” offers a vital platform for anyone involved in the blockchain sector and Bitcoin ecosystem. It provides deep insights into the future of Bitcoin and its applications, making it a must-attend event for developers, investors, and users looking to stay ahead in the rapidly evolving scalability landscape.
Home Business Cryptocurrency Cryptocurrency Price Today: Bitcoin Recovers From Losses, Rises Above $64,000 Over The Weekend
Bitcoin (BTC), the world’s oldest and most valued cryptocurrency, managed to climb above the $64,000 mark over the weekend, primarily driven by the favourable US April jobs report. Other popular altcoins — including the likes of Ethereum (ETH), Dogecoin (DOGE), Ripple (XRP), Solana (SOL), and Litecoin (LTC) — landed in the greens as the overall Market Fear & Greed Index stood at 58 (Neutral) out of 100, as per CoinMarketCap data. Sam Altman’s Worldcoin (WLD) token emerged as the biggest gainer of the lot, with a 24-hour jump of over 16 percent. Memecoin dogwifhat (WIF) became the biggest loser, with a 24-hour dip of over 3 percent.
The global crypto market cap stood at $2.36 trillion at the time of writing, registering a 24-hour gain of 1.13 percent.
Bitcoin (BTC) News Today: FOMC Member Speeches to Drive BTC Price Trends
key Points: Bitcoin (BTC) advanced by 1.57% on Saturday (May 4), ending the session at $63,928. Investors continued responding to the US Jobs Report and the US BTC-spot ETF flow data from Friday (May 3). On Sunday (May 5), BTC-spot ETF market-related news needs investor consideration. Fed Rate Cut Bets Drive Buyer Demand for BTC Bitcoin (BTC) advanced by 1.57% on Saturday (May 4). Following a 6.42% rally on Friday (May 3), BTC ended the session at $63,928.Investors continued to respond to the US Jobs Report. Softer-than-expected wage growth and nonfarm payroll numbers refueled investor bets on a September Fed rate cut. Experts Trade Ethereum with IC Markets Trading Derivatives carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Derivatives may not be suitable for all investors, so please ensure that you fully understand the risks involved, and seek independent advice if necessary. A Product Disclosure Statement (PDS) can be obtained either from this website or on request from our offices and should be considered before entering into a transaction with us. Raw Spread accounts offer spread According to the CME FedWatch Tool, the probability of the Fed leaving interest rates unchanged in September fell from 42.6% to 32.6% in the week ending May 3.The influence on the US BTC-spot ETF market was evident. The US BTC-spot ETF market saw net inflows ($378.3 million) for the first time in eight sessions. Significantly, Grayscale Bitcoin Trust (GBTC) saw net inflows ($63 million) for the first time since the launch of the BTC-spot ETF market on January 11.According to Farside Investors, nine of the eleven issuers recorded net inflows on Friday (May 3), with two seeing zero net flows. Fidelity Wise Origin Bitcoin Fund (FBTC) topped the table, with net inflows of $102.6 million. iShares Bitcoin Trust (IBIT) ranked eighth, with net inflows of $12.7 million. The US economic calendar will remain in focus in the week ahead. US jobless claims and Michigan Consumer Sentiment figures could further influence investor expectations of a September Fed rate cut. A more dovish Fed rate path may drive buyer demand for BTC-spot ETFs and BTC. However, FOMC member speeches could impact price trends more. Investors should consider views on inflation, the economic outlook, and the timing for a Fed interest rate cut. While the Jobs Report raised expectations of a September rate cut, inflation remains a bugbear.
Bitcoin’s Recent Weakness Is More Tied to Global Markets Than to Anything Crypto Specific, Coinbase Says
Bitcoin’s Recent Weakness Is More Tied to Global Markets Than to Anything Crypto Specific, Coinbase Says Both equities and gold have been trading lower since reaching highs in mid-April, the report noted. By Will Canny
Bitcoin's recent weakness is more tied to global markets. (Coinbase) Bitcoin's recent weakness is more tied to global markets. (Coinbase)
10 Years of Decentralizing the Future May 29-31, 2024 - Austin, Texas The biggest and most established global hub for everything crypto, blockchain and Web3. Register Now Both equities and gold have fallen along with bitcoin, the report noted. Coinbase said bitcoin’s recent pullback was below its historical range. The cryptocurrency’s price discovery still remains rooted in global demand trends, the note said. Bitcoin’s (BTC) recent weakness has not been isolated to crypto markets and therefore is not indicative of sector-specific capitulation, Coinbase (COIN) said in a research report Friday.