News and Analytics

0

New Token NOTcoin Surges to All-Time Highs in Viral Game on Telegram

Jun 5, 2024

A recently emerged token linked to a popular game on the secure messaging platform Telegram, NOTcoin (NOT), has reached record highs this week with a remarkable surge of almost 160%. NOTcoin, designed for the well-known Telegram tap-to-earn mining game Notcoin, made its debut on May 16th when Binance introduced support for the asset through its Launchpool platform. This feature allows users to stake coins in order to farm new assets. NOTcoin boasts a substantial on-chain holder base exceeding 1.6 million, surpassing other meme coins such as Shiba Inu (SHIB), Bonk (BONK), and Pepe (PEPE). The token operates on The Open Network (TON) blockchain, which was originally created by Telegram. However, due to a legal dispute with the U.S. Securities and Exchange Commission (SEC), Telegram disassociated from the chain in 2020. The management of the technology was taken over by The Open Network, a community of open-source developers, that same year. Despite the separation, TON can still be transacted by Telegram's 700 million users within the platform without the need for lengthy wallet addresses. Currently ranked 80th by market capitalization, NOTcoin is trading at $0.0127 as of the present moment, showing a significant increase from $0.00489 a week ago.

Comments

Latest analytics

Alonzo — the upgrade...

Alonzo — the upgrade that unlocked smart contract functionality...

Ethereum Shanghai...

Ethereum Shanghai Upgrade: Impact on Staking and Network...

Show more

Latest Dapp Articles

Show more

You may also like