The recent surge in the worth of 1 billion NOT tokens gifted to Pavel Durov a fortnight ago, as confirmed by Telegram's founder, has quadrupled, escalating from $6 million to $24 million. NOT tokens were officially listed on major cryptocurrency exchanges on May 16th. Subsequently, users transferred a whopping 1,030,383,291,362 NOT to Durov the following day, as per the disclosure in the Notcoin team's Web3 project report.

In a strategic move, the entrepreneur unveiled his intention to expend the coins until they achieve a valuation of $680 million, with plans to invest in additional servers for the messenger service. Durov proudly announced that Notcoin recently positioned itself as one of the top five most actively traded cryptocurrencies globally on June 3, with a daily trading volume exceeding $4 billion.

Despite claims of widespread gains from Notcoin's mini-app on Telegram, Durov's statements remain unverified, although continuous financial backing is reportedly ongoing. The entrepreneur proclaimed that Notcoin previously held the record for the largest cryptocurrency community on social media, competing only with similar applications on Telegram offering benefits to millions of users currently.

NOT quotes surged to a new peak of $0.029 on June 2, with a 120% price escalation reported in the past week by CoinGecko. Presently, Not a Trading is valued at $0.021. Notcoin recently launched a novel passive income initiative for NOT tokens at the close of May, enabling users to earn incentives by interacting with partner projects on social media.

Following a delay in Notcoin deposits due to an unexpected incident during listing, Bybit introduced a compensation plan to assist affected customers, faced with challenges in promptly trading their tokens due to technical and communication glitches.