Notcoin, a popular clicker game on Telegram, experienced a remarkable 16% surge following the listing of its native token, NOT, on Binance, the world’s largest crypto exchange.
As of the latest update, the NOT token has seen a 10% increase in value, currently trading at $0.018, as reported by CoinMarketCap. With a market cap of $1.84 billion, NOT has emerged as one of the top gainers in today’s market.
NOT’s 24-hour trading volume has also skyrocketed by 65%, reaching $1.26 billion. Despite this impressive growth, the token is still trading 37% below its all-time high of $0.0289, recorded on June 2.
Binance’s recent announcement of a new trading pair for the NOT token, NOT/BRL, has further fueled Notcoin’s surge. This development opens up trading opportunities for Brazilian users, with trading commencing at 14:00 UTC today.
Notcoin’s journey began in early 2024 with a unique social clicker game on Telegram, where players earn the in-game Notcoin currency by clicking on a virtual golden coin.
The NOT token serves as the backbone of Notcoin’s ecosystem, aiming to foster community engagement through various project activities. Participants can explore new web3 products and services, earning NOT tokens along the way. Additionally, they can participate in games on the Notcoin platform to earn extra rewards in NOT.
Players’ ability to earn NOT tokens is tied to their in-game level, with higher levels granting access to greater reward pools. By staking Notcoin, users can increase their level, with the monthly staking amount determining their rank. The Platinum level, the highest achievable, offers the most significant rewards in NOT tokens.
In May, Notcoin conducted its token generation event (TGE), introducing the NOT token on major exchanges such as OKX and Binance. This move propelled Notcoin into the top 100 cryptocurrencies by market cap in a short period.
In a generous gesture, Notcoin recently donated over 1 billion NOT tokens, valued at $6.8 million, to Telegram and its founder, Pavel Durov. Durov has committed to holding these tokens until they reach a market value of $680 million, intending to utilize the funds for expanding Telegram’s server capacity.
Notcoin’s surge coincides with a positive trend in the global cryptocurrency market, which currently boasts a market cap of $2.46 trillion. Bitcoin, the leading cryptocurrency, has also witnessed a slight uptick in the last 24 hours, with its price hovering around $67,614.
For more information on Notcoin and its journey, you can visit: https://crypto.news/notcoin-rises-over-58-as-community-backs-project-in-x-poll/