Markets
Notcoin Market Cap Reaches $1 Billion
Notcoin’s NOT token surged over 40% following the launch of “Earning Missions”.
These missions allow players of the Telegram-based game to passively earn crypto rewards, thereby fueling significant market growth.
The rapid rise of Notcoin
Notcoin, a game based on Telegram, allows users to earn tokens by clicking on a gold coin on the screen. Completing quests and using boosts provide additional rewards. The introduction of “Earning Missions” has significantly increased the value of the token: the new feature allows users to earn passive rewards by participating in various quests, thereby increasing community engagement and activity.
Sasha Plotvinov, founder of Open Builders, has ambitious plans for Notcoin. It aims to turn it into a launchpad for other developers to create their crypto social games.
As of now, NOT is trading at $0.009631, ranking among the top 100 cryptos by market cap. The 24 hours trading volume increased to $1.3 billion, an increase of 231.28% from the previous day.
“$1.4 billion volume on NOTCOIN; this volume alone is larger than the entire Starknet market and ecosystem,” crypto influencer Farmercist note.
Learn more: 5 Best Toncoin (TON) Wallets in 2024
Notcoin 1 day chart. Source: BeInCrypto
Notcoin, a Web3 game built on the TON blockchain, launched in January as a Telegram mini-app, attracting over 35 million players. The developers claim that NOT is unique among other gaming tokens, ensuring that 100% of coins are owned by players by default.
In mid-May, Notcoin completed the NOT airdrop – the biggest gaming token launch of the year so far. The token’s growth has been fueled by its listing on major exchanges such as Binance, OKX, and Bybit. This increased accessibility has increased trading volume and market capitalization.
Learn more: 11 Cryptos to Add to Your Portfolio Ahead of Altcoin Season
Founder of Telegram Pavel Durov praised the success of Notcoin, highlighting the power of the TON ecosystem for app developers. With strong community engagement, innovative reward systems, and support from influential figures, Notcoin is well-positioned for continued growth.
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