The surge in Notcoin’s popularity has propelled it to become the 7th most traded asset on Binance, surpassing major cryptocurrencies like Solana, Dogecoin, and XRP.
Notcoin, the cryptocurrency associated with the play-to-earn Telegram game, reached a new all-time high of $0.01244 early Thursday morning, showcasing its growing popularity and value.
Notcoin Surges to New Highs Amid Trading Frenzy
Notcoin, the cryptocurrency linked to a Telegram play-to-earn game, reached a new peak of $0.01244 early Thursday, marking a significant surge in value driven by its growing popularity. Although it has slightly retreated, Notcoin is currently priced at $0.01199, up 35% from the previous day and 129% higher than a week ago. The cryptocurrency saw a staggering $1.3 billion in trading volume over the past day, with 42% of this volume coming from trades against USDT on Binance.
The frenzy around Notcoin has propelled it to become the 7th most traded asset on Binance recently, surpassing trading volumes of popular cryptocurrencies like Solana, Dogecoin, and XRP. Just days ago, Notcoin entered the top 100 assets list and achieved a market capitalization of $1 billion. Today, it has climbed to the 81st position with a market cap of $1.2 billion, according to CoinGecko data. Additionally, Notcoin boasts 1.6 million onchain holders, surpassing other meme coin favorites such as Shiba Inu, BONK, and Pepe.
Notcoin Game Rewards Users with NOT Tokens
Notcoin, a Telegram-based “social clicker” game, offers its users the opportunity to earn NOT tokens by clicking on a gold coin displayed on the screen. Players can also earn additional rewards by completing quests and utilizing “boosts” within the game. Recently, the project announced that holders have until June 16 to claim their earnings, emphasizing community engagement and participation.
According to updates from the Notcoin team on Twitter, users accumulated over 56 million NOT tokens, valued at approximately $700,000, in just the past week. This surge in earnings reflects growing enthusiasm among players for the game’s earning potential and interactive features.
The introduction of “earning missions” has further fueled excitement. These missions enable players to earn passive NOT token rewards by actively participating in partner project communities. The amount earned through these missions correlates with a player’s in-game level, which is determined by their staked NOT holdings.
Notcoin gained significant attention earlier this month with a successful airdrop, solidifying its position as one of the largest gaming token launches of 2024 by market capitalization. According to CoinGecko, Notcoin surpassed competitors like Pixels (PIXEL) and Saga (SAGA), achieving substantial market caps during its peak.
Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.
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