Post
Topic
Board Altcoin Discussion
Re: Binance launches Notcoin (NOT) on launchpool.
by
poodle63
on 26/05/2024, 15:14:02 UTC
Notcoin is presenting another around of opportunity to the public and maybe for those who missed its first loud entry into this industry. I know so many will rush into it. But this isn't the usual Tap2Earn stuff. It's stake to earn. I guess this opportunity to stake is available to those who didn't withdraw their mined tokens out of the Notcoin telegram bot to any exchange during the last round. However, those who did or those who wish to join new are also welcomed. Only that they will have to do some task on the bot to earn and then stake. I guess the Ton chain has enough money to take more people in. For those who are scared that Notcoin is a dump and won't rise in price because of its current price, they will be shocked soon. I think this round started yesterday or so.
the current staking campaign probably just to hold off selling pressure from the people.
as already reflected from the market people are dumping the coin the staking program will at least reduce that effect to some extent but never a long term solution eventually the selling pressure gonna be even bigger since staking means there's more money to be in the circulation.
but for people who are abundant in capital its good opportunity, but honestly staking not coin never sit right with me with the volatility and all.
I just better off to invest or stake in other coin at this point, the one that gone sponsored by tier 1 venture capital.
finding opportunity elsewhere seems more interesting, not to mention that second distribution of rewards in most of project usually disappointing.