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.

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Jocelyn Blake
Jocelyn Blakehttps://en.coinotag.com/
Jocelyn Blake is a 29-year-old writer with a particular interest in NFTs (Non-Fungible Tokens). With a love for exploring the latest trends in the cryptocurrency space, Jocelyn provides valuable insights on the world of NFTs.
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