Notcoin (NOT) Skyrockets: Airdrop Deadline Looms, Tokenomics Revealed, and Market Surge Analyzed

  • The Notcoin (NOT) team announced the claiming period for the airdrop will run until June 16.
  • Part of the unclaimed tokens will be allocated for future development, with the rest being burned.
  • Following its May 16 launch on the TON network, Notcoin reached a market cap of nearly $1.5 billion.

Discover the latest developments in the Notcoin (NOT) ecosystem, including the extended airdrop claiming period, market performance, and future plans.

Notcoin Airdrop Claiming Period Extended

The Notcoin (NOT) team has announced that the claiming period for the Notcoin airdrop will extend until June 16. The team also clarified that users can withdraw their tokens from the Notcoin bot directly to their wallets. Furthermore, participants who have staked their tokens are exempt from the claiming deadline.

Future Development and Token Burn

“Special offer for stake has ended, but we will open Levels and Explore for the new users soon,” the Notcoin team posted on X, adding, “Part of the unclaimed tokens will fund the future development, and the rest will be burned.”

Notcoin’s Market Performance

Notcoin was introduced in 2023 as a “viral Telegram game” for Web3 users. Following its May 16 debut on the TON network, Notcoin became Binance’s 54th launch pool project. The project’s airdrop reportedly distributed over $3.5 billion worth of tokens to approximately 35 million users.

Trading Volume and Price Fluctuations

Since launch, the in-game mined token has performed well, reaching a market cap of nearly $1.5 billion at $0.0145 per token. Within 24 hours of listing, Notcoin ranked eighth in trading volume among the top 10 cryptocurrencies. However, it experienced declines in the following days, with prices dropping to an all-time low of $0.0046 last week.

Recent Price Surge

The token has shown an uptrend since last week’s recent price dip, surging by 37.90% over the most recent intraday session. NOT is changing hands at $0.01217 as of press time, making it one of the market’s top gainers according to CMC data. This bullish movement started on May 27 when the coin broke through the $0.0053 resistance level, reaching a high of $0.0088.

Positive Trajectory and Market Outlook

Over the past seven days, Notcoin has witnessed a positive trajectory, with a 6.26% increase. Tradingview data shows that the token’s monthly performance is up by 897%, with the 9-day Simple Moving Average (SMA) of $0.0059 suggesting the token’s current upward trend.

Conclusion

Notcoin’s recent developments, including the extended airdrop claiming period and impressive market performance, indicate a promising future for the token. Investors and users should keep an eye on upcoming updates and potential growth opportunities within the Notcoin ecosystem.

Don't forget to enable notifications for our Twitter account and Telegram channel to stay informed about the latest cryptocurrency news.

BREAKING NEWS

ETH Breaks $4,600: Whale Huang Licheng Places 6,800-ETH $4,675–$5,000 Sell Order While 15x Long Holds 18,516 ETH with $3.7M Unrealized Profit

COINOTAG News on September 14, citing HyperInsight monitoring, reports...

Ethereum Liquidation Alert: $541M Long at $4,600 vs $879M Short at $4,750 on Major CEXs (Coinglass)

COINOTAG reported on September 14, citing Coinglass data that...

ETH Sees $15.29M in 1-Hour Liquidations as Global Crypto Liquidations Hit $296M

According to coinglass data, in the past hour UNI...

Bitcoin Liquidations: Drop Below $114K Could Trigger $687M in Longs — Break Above $117K Might Unleash $494M in Shorts

COINOTAG News (Sept 14) cites Coinglass data indicating that...

Pump.fun Captures 84.1% of Solana Launchpad Market Share — Jupiter Data (Sept 14, BlockBeats)

On September 14, COINOTAG referenced the Jupiter Data Dashboard,...
spot_imgspot_imgspot_img

Related Articles

spot_imgspot_imgspot_imgspot_img

Popular Categories

spot_imgspot_imgspot_img