Key Notes

Key Notes:

Notcoin price registered the highest gains of over 26 percent in the past 24 hours following the listing on Kraken.TON price will be a major beneficiary of the rising adoption of its memecoins.

Kraken, a United States-based cryptocurrency exchange founded in 2011, has announced the listing of the two largest TON-based memecoin Notcoin NOT $0.00310 24h volatility: 10.0% Market cap: $318.29 M Vol. 24h: $74.93 M and Dogs DOGS $0.00019 24h volatility: 8.3% Market cap: $99.72 M Vol. 24h: $20.95 M . The cryptocurrency exchange, with more than 10 million global customers and available in over 190 countries, enabled the deposit and withdrawal of DOGS and NOT on Thursday, February 13, 2025.

However, the cryptocurrency exchange will enable trading via Kraken App and Instant Buy once the liquidity conditions are fulfilled.

The strategic listing of DOGS and NOT on the Kraken exchange will have a long-term impact on their market outlook. Following the listing announcement, NOT memecoin rallied over 26 percent in the past 24 hours to trade about $0.00364 on Thursday, during the mid-New York session.

The small-cap memecoin, with a fully diluted valuation of about $373 million, registered a 240 percent surge in its 24-hour average trading volume of about $202 million. As a result, NOT price could gradually follow BNB $669.3 24h volatility: 3.8% Market cap: $97.61 B Vol. 24h: $1.00 B and its associated altcoins, such as PancakeSwap CAKE $2.53 24h volatility: 4.5% Market cap: $736.08 M Vol. 24h: $278.35 M and BakerySwap BAKE $0.21 24h volatility: 4.5% Market cap: $59.94 M Vol. 24h: $19.58 M in a bullish outlook.

The NOT memecoin has grown to a community-driven project on the TON blockchain due to its tap-to-earn game with millions of players. Remarkably, the Notcoin community on Telegram consists of more than 16.3 million users.

On the Other hand, DOGS price gained around 6.5 percent in the last 24 hours to trade at about $0.000187 at the time of this writing. The small-cap memecoin, with a fully diluted valuation of about $102 million, recorded a 69 percent increase in daily trading volume to about $40 million.

The DOGS community, which consists of more than 13.5 million members on Telegram and over 3 million on X, will significantly benefit from the listing on Kraken amid the highly anticipated altseason.

Furthermore, both NOT and DOGS are already listed on other top-tier cryptocurrency exchanges led by Binance Holdings.

The notable growth of NOT and DOGS on the TON chain in the recent past will have a ripple effect on other businesses. For instance, Kraken will significantly benefit from the heightened trading volume, as memecoins lead in the mainstream adoption of digital assets.

More cryptocurrency exchanges have been listing memecoins to boost their trading volumes and increase their revenue streams. In return, cryptocurrency traders benefit from more trading options with deeper liquidity and institutional-grade protection.

The TON network will also heavily benefit from the DOGS and NOT listing on Kraken. As the Telegram messenger prepares to implement the rule that TON chain is the exclusive blockchain provider next week, the demand for TON will exponentially grow in the long haul, fueled by retail traders.

Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.

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Marco T. Lanz on X