Will Notcoin success be repeated? Telegram introduced its new cryptocurrency.
Social messaging platform Telegram introduced Stars, a new token that can be used to purchase digital products and services within the application.
In the announcement he published on the platform yesterday, Telegram's CEO Pavel Durov said that with Telegram Stars, mini applications can now receive payments for digital services with the simplest payment method. Thanks to the ever-expanding crypto ecosystem on Telegram, it seems that the messaging application is gradually becoming a large digital market.
In the statement, it was announced that users can obtain Telegram Stars tokens through in-app purchases on platforms such as #Apple (AAPL), #Google (GOOGL) or PremiumBot. These crypto assets can then be used for services such as Telegram games, e-books and online courses. However, Telegram will allow developers to convert the crypto assets they earn through their service into the ecosystem's main asset, Toncoin (TON). Thus, the usage area of Stars assets will be even wider.
While the Toncoin ecosystem supported by Telegram has attracted intense attention in recent months, #Notcoin (NOT), developed within this ecosystem, has seen a significant increase in value after it started to be listed on major stock exchanges. The NOTE stabilized at an average of $0.005 after listing on #Binance in the middle of last month.
#NOTE , which started to rise towards the end of the month, rose to $0.029 on June 2, increasing its value by up to 500%. The cryptocurrency, which retreated slightly after the peak, is currently moving horizontally in the $0.02 range.
It is reported that Telegram Stars will also be used for mini applications on the platform, like Notcoin. After Notcoin achieved significant success by becoming one of the top 50 crypto assets in a short time, the process of developing new assets within the ecosystem also accelerated.
