Digital Media Net - Your Gateway To Digital media Creation. News and information on Digital Video, VR, Animation, Visual Effects, Mac Based media. Post Production, CAD, Sound and Music
Categories: News

The9 Owns 950,000,000 9BIT with Market Price of US$0.02 Each as of February 24, 2026, Surges Sevenfold Since Listing

SHANGHAI, Feb. 24, 2026 /PRNewswire/ — The9 Limited (Nasdaq: NCTY) today announced it has received 950,000,000 9BIT tokens in relation to its gaming platform the9bit. 9BIT tokens are listed on KuCoin, MEXC and BingX, three of the largest global crypto exchanges. As of February 24, 2026, the market price of one 9BIT token was US$0.02, representing an approximate sevenfold increase since its listing. The 24-hour trading volume of 9BIT was US$6 million according to CoinMarketCap.com. According to the whitepaper, 9BIT tokens are expected to be listed on more global crypto exchanges.

9BIT Foundation, a private foundation established in Panama, is a third-party issuer of 9BIT token. According to the 9BIT whitepaper, The9 Limited will be distributed 1,900,000,000 $9BIT tokens for its contribution to 9BIT ecosystem. The remaining 950,000,000 9BIT tokens are expected to deliver to The9 Limited in the coming 2 months.

The proprietary the9bit gaming platform has surpassed 7 million users since its August 2025 launch. As of February 24, 2026, more than 38,000 users have received more than 32.8 million 9BIT tokens based on their contributions to the9bit gaming platform. They can buy and sell 9BIT tokens on the global crypto exchanges where 9BIT tokens are listed.

the9bit blends traditional gameplay with Web3 incentives by:

  • Earn: Receive mining rewards for daily gameplay and community engagement.
  • Govern: Participate in key ecosystem decisions through voting.
  • Redeem: Unlock exclusive in-platform content and premium services.

the9bit is also accelerating the development of AIGD (AI Game Development) — a creation layer on the9bit.com where creators can turn ideas and assets into playable games using AI-assisted tools. This unlocks a new “creator-to-player” reward loop. Creators can publish games with fewer barriers, while players earn points by engaging with these titles. These points are eligible for conversion into 9BIT tokens based on platform mechanics. As creators’ games gain traction, they earn rewards, creating a self-sustaining economy where content growth directly benefits the community. This marks the project’s commitment to building a true gamer-to-gamer economy: a platform built by gamers, for gamers.

About the9bit

the9bit is a gaming platform blending traditional play with Web3 rewards, offering game purchases, mobile top-ups, casual games, and community features. It turns daily gaming activities into valuable rewards with a focus on accessibility for mobile users and creators. Visit the9bit.com for more information.

About The9 Limited

The9 Limited (The9) is an Internet company listed on Nasdaq in 2004. The9 is committed to becoming a global diversified high-tech Internet company and is engaged in online games operation, Bitcoin mining business and AI-driven drug discovery investment.

 

View original content:https://www.prnewswire.com/news-releases/the9-owns-950-000-000-9bit-with-market-price-of-us0-02-each-as-of-february-24–2026–surges-sevenfold-since-listing-302695428.html

SOURCE The9 Limited

Staff

Recent Posts

Macnica Americas Names Veteran Engineering Executive Nestor Amaya as Vice President of Engineering

SOLANA BEACH, Calif.--(BUSINESS WIRE)--Macnica Americas today announced the appointment of Nestor Amaya as Vice President…

7 hours ago

Filed Late? The IRS May Have Already Filed for You – Clear Start Tax Explains Why Substitute Returns Often Inflate What You Owe

Every year, millions of Americans who miss their tax filing deadlines assume the IRS is…

13 hours ago

Genius Sports and Liga MX Strike Landmark Technology and AI Partnership to Drive Future of Mexican Soccer

Genius Sports has deployed its cutting-edge data and AI platform GeniusIQ in every Liga MX…

13 hours ago

Best Buy Introduces Reward Points for My Best Buy Plus and Total Members

Starting June 4, My Best Buy Plus™ and My Best Buy Total™ members will automatically…

14 hours ago

Ncontracts Introduces Nquiry: AI-Powered Regulatory Intelligence That Delivers Defensible Compliance Answers in Minutes

New platform combines 17 years of proprietary compliance data with direct access to credentialed experts,…

14 hours ago

Prometheus Signals Near-Term Development of Next-Generation Noninvasive Test for MASH Patients at DDW 2026

Translational Data Inform a Scalable, Noninvasive Test Designed to Identify Treatment-Eligible Patients and Enable Longitudinal…

2 days ago