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Notcoin's Growing Popularity and Value

May 30, 2024

Notcoin's Ascendance on Binance

Notcoin, the cryptocurrency linked to the play-to-earn Telegram game, has witnessed a surge in popularity, making it the 7th most traded asset on Binance, surpassing well-known cryptocurrencies like Solana, Dogecoin, and XRP.

Achieving a new peak of $0.01244 on an early Thursday morning, Notcoin's value has been on the rise, showcasing its increasing demand and worth.

Notcoin's Soaring Value Amidst Trading Buzz

Rising to a new high of $0.01244, the cryptocurrency associated with the Telegram play-to-earn game, Notcoin, has experienced a significant leap in value. While it has slightly retreated, Notcoin is presently priced at $0.01199, indicating a 35% surge from the previous day and a remarkable 129% increase from a week ago. Notcoin raked in an impressive trading volume of $1.3 billion in the past day, with 42% of this volume originating from trades against USDT on Binance.

The frenzy revolving around Notcoin has propelled it to become the 7th most traded asset on Binance, surpassing the trading volumes of prominent cryptocurrencies like Solana, Dogecoin, and XRP. Recently entering the top 100 assets list, Notcoin achieved a market capitalization of $1 billion, climbing to the 81st position today with a market cap of $1.2 billion, as per data from CoinGecko. Additionally, Notcoin boasts 1.6 million onchain holders, surpassing other meme coin favorites such as Shiba Inu, BONK, and Pepe.

Notcoin's Reward System in the Game

Notcoin, the Telegram-based game known as a “social clicker,” provides users with the chance to earn NOT tokens by clicking on a gold coin on the screen. Players can also enhance their rewards by completing quests and utilizing boosts within the game. The project recently announced that holders have until June 16 to claim their earnings, emphasizing the importance of community involvement.

Updates from the Notcoin team on Twitter indicate that users garnered over 56 million NOT tokens, valued at around $700,000, in the past week alone. This surge in earnings reflects the increasing enthusiasm among players for the game's profit potential and engaging features.

Introducing “earning missions” has further fueled players' excitement. These missions allow players to earn passive NOT token rewards by actively engaging in partner project communities. The rewards earned through these missions are associated with a player’s in-game level, which is determined by their staked NOT holdings.

Notcoin gained substantial attention earlier this month through a successful airdrop, solidifying its position as one of the largest gaming token launches of 2024, based on market capitalization. Notcoin outpaced competitors like Pixels (PIXEL) and Saga (SAGA), achieving significant market caps during its peak.

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