Notcoin (NOT), a clicker gaming application within the play-to-earn space on Telegram, has experienced a significant upswing in value due to strategic decisions made by its team. Following the burning of a large volume of tokens and the introduction of substantial incentives for users, the price of NOT has surged by over 10%.

At present, NOT is valued at $0.01572, marking a substantial 22% increase in daily trading volume to $470 million. The token's market cap has also risen by 10%, reaching $1.6 billion and positioning it as the 56th largest cryptocurrency according to CoinMarketCap.

The recent surge in Notcoin can be attributed to a key announcement made on June 25, where the team disclosed the burning of NOT tokens valued at $3 million. This update was accompanied by the launch of a $4.2 million incentive program to reward Gold and Platinum users of the Notcoin Explore platform.

The token burn initiative plays a pivotal role in Notcoin's strategy to enhance tokenomics and provide value to users. By decreasing the overall token supply, the popular tap-to-earn project aims to create scarcity, potentially driving up the token's value and demand.

Another factor contributing to the recent surge in Notcoin could be the announcement on June 26, revealing the distribution of $2.5 billion in NOT tokens to the Notcoin community through an airdrop. This airdrop surpasses the total value of airdrops by ZkSync and LayerZero.

The price surge of Notcoin aligns with the overall increase in 'Tap2Earn' and similar tokens in the market, with Hamster Kombat and Yescoin among the most prominent options. Notcoin benefits from being an early pioneer in the Telegram ecosystem, capitalizing on the growth of the Open Network (TON) and the expanding support for cryptocurrencies on Telegram, which has a user base of 900 million.

Recent metrics such as the growth in TON's daily active addresses indicate positive momentum for Notcoin, which is strategically focused on broader expansion beyond just Tap2Earn.

The surge in price for Notcoin underscores the impact of strategic decisions and favorable market conditions within the play-to-earn gaming sector.