A new token, Notcoin (NOT), associated with a viral game on the secure messaging platform Telegram, has witnessed a significant uptick to achieve fresh all-time peaks this week, surging by close to 160%. Notcoin serves as a community token for the widely acclaimed tap-to-earn mining game Notcoin, which commenced trading on May 16th following the support from Binance on its Launchpool platform, allowing users to stake coins for yield generation. Notcoin has gained a loyal following with more than 1.6 million on-chain holders, surpassing meme coins such as Shiba Inu (SHIB), Bonk (BONK), and Pepe (PEPE). Developed on The Open Network (TON) blockchain, which originated from Telegram's innovation, Notcoin maintains its link to the platform despite the legal challenges with the U.S. Securities and Exchange Commission (SEC) in 2020. The Open Network, managed by an open-source community, took over the governance of the technology that year. Significantly, TON transactions remain seamless within Telegram's extensive user base of 700 million without the need for lengthy wallet addresses. Presently ranked as the 80th cryptocurrency asset by market capitalization, the token is valued at $0.0127, depicting substantial growth from $0.00489 just a week ago.
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