Notcoin, the popular Telegram clicker game, witnessed a significant surge of 16% after its native token, NOT, was listed on Binance, the world's largest cryptocurrency exchange. Currently, the token is up by 10%, trading at $0.018, as reported by CoinMarketCap. Notcoin has emerged as one of the top performers today, with its market cap reaching $1.84 billion.
The 24-hour trading volume of NOT has experienced a notable 65% surge, reaching $1.26 billion. Despite this surge, the token is trading at a 37% discount from its all-time high of $0.0289 achieved on June 2.
The recent surge of Notcoin coincides with Binance's decision to expand the trading options for the NOT token by introducing a new trading pair, NOT/BRL, facilitating the participation of Brazilian traders. The trading in this pair commenced today at 14:00 UTC, marking a significant step in Notcoin's global reach.
Notcoin's journey began in early 2024 with a unique social clicker game on Telegram, where players collect in-game Notcoin currency by tapping on a virtual golden coin.
The NOT token, central to Notcoin's ecosystem, aims to create a community-centric cryptocurrency that promotes user engagement in various project activities. Participants can explore and interact with new web3 products and services, earning NOT tokens as rewards. In addition, engaging in the variety of games available on the Notcoin platform offers users the opportunity to earn additional rewards in NOT.
The quantity of NOT tokens users can earn is tied to their in-game level, with higher levels unlocking access to larger reward pools. By staking Notcoin, players can increase their level, with the monthly staking amount determining their rank. The highest level, Platinum, provides the most significant number of NOT tokens as rewards.
In May, Notcoin conducted its token generation event (TGE), unveiling the NOT token on major cryptocurrency exchanges like OKX and Binance. This launch quickly propelled Notcoin into the top 100 cryptocurrencies by market capitalization.
Recently, Notcoin made headlines by donating over 1 billion NOT tokens, valued at $6.8 million, to Telegram and its founder, Pavel Durov. Durov has pledged to hold onto these tokens until they appreciate to a market value of $680 million and intends to allocate the funds to enhance Telegram's server capacity.
Notcoin's recent growth aligns with the overall positive sentiment in the global cryptocurrency market, which currently boasts a market cap of $2.46 trillion. Additionally, Bitcoin has seen a minor increase in the past 24 hours, with its price hovering around $67,614.
