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Market News

Binance Unveils Notcoin (NOT) as 54th Launchpool Project

Notcoin launches on May 16, 2024, with a scalable maximum supply of 103 billion coins, initially set at 102,719,221,714 coins.

Written By Ronak Kumar
Published May 10, 2024 10:23 AM·Updated 2 years ago
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Binance Unveils Notcoin as Launchpool Project

The world’s biggest cryptocurrency exchange, Binance introduces Notcoin (NOT) as its 54th project on Binance Launchpool, aiming to familiarize users with web3 through tap-to-earn mining. 

Introducing @thenotcoin $NOT on #Binance Launchpool!

Farm #NOT by staking #BNB and $FDUSD.

➡️ https://t.co/TeZucnfeRk pic.twitter.com/Y4dGfSGERb

— Binance (@binance) May 9, 2024

The project’s webpage launches in 24 hours, preceding the Launchpool start. Stakeholders can farm NOT tokens by staking BNB and FDUSD in separate pools for three days, starting May 13th at 00:00 (UTC).

Notcoin’s launch on May 16, 2024, features a maximum supply of 103 billion coins, initially set at 102,719,221,714 coins, showcasing its scalability. Binance Labs’ investment in Notcoin enhances its credibility, with rewards distributed based on BNB and FDUSD staking, favoring BNB stakers with 85% of rewards.

Binance Coin (BNB) stands strong as the 4th largest crypto by market cap, priced at $594.88, with a trading volume of $1,788,598,369. Its circulating supply is $147,587,032, and market cap is $87,773,087,947. BNB’s 5.10% price increase in 7 days reflects investor confidence, making it a promising asset for traders and investors.

Binance’s introduction of Notcoin (NOT) on Binance Launchpool signifies a strategic move to engage users with web3 technology through tap-to-earn mining, offering an innovative opportunity for token farming.

Also Read: OKX Jumpstart introduces Notcoin (NOT) for staking Rewards

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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