Toncoin, the native cryptocurrency open network (TON) was one of the biggest gainers in the cryptocurrency market on Thursday amid news of an announcement regarding one of the network’s most anticipated tokens. And it comes as the two largest coins overall, Bitcoin and EthereumI haven’t moved much in the past day.
In the last 24 hours, TON Approximately 13% increase Current price is $6.46 per data from CoinGecko. This makes it the second largest coin among the top 100 cryptocurrencies by market capitalization. akash network (AKT) is an AI-centric cloud computing project that gained 16% on the day.
Many of the gains came after open network projects knot cointhe viral Telegram-based game has announced its expected token NOT will be released on May 16th. The project has amassed 35 million players ahead of April 1, when the “mining phase” ends, and launch has been on the horizon for several weeks, despite several previous failures to meet listing goals. It was approaching.
One of the biggest TON price increases to date on Thursday came shortly after crypto exchange Binance announced it would offer billions of NOT tokens as rewards to customers through pre-listing. stake the reward.
More than 4 billion NOT tokens are expected to be distributed through such reward initiatives, along with a similar campaign by rival exchange OKX. Toncoin purchases are likely to increase in the coming days, especially as OKX users will need to stake TON tokens to earn rewards.
On the final day, perpetual-centric decentralized exchange (DEX) dYdX also announced support for Toncoin, and on Thursday, Hong Kong’s Hashkey Exchange listed TON. Added to today’s price movement, Toncoin has increased by 24% since last week.
However, few stocks among the top 100 cryptocurrencies have increased significantly in the past day, and as mentioned above, Bitcoin and Ethereum have barely increased in value.
Bitcoin price is 1% increase on the day Ethereum has risen to $62,420 at the time of this writing, a total gain of 5% over the past seven days. Approximately 2% increase It rose to $3,020 today, but it’s not up more than 1% in the past week.
The views and opinions expressed by the authors are for informational purposes only and do not constitute financial, investment, or other advice.
Edited by Ryan Ozawa.
