- Notcoin, a cryptocurrency associated with Telegram’s popular game, has seen a significant rise in its token value.
- The token’s value surged by 35% in just one day and 129% over the past week.
- Trading volume for Notcoin reached $1.3 billion in the last 24 hours, with nearly half of this volume coming from the NOT/USDT pair on Binance.
Discover the meteoric rise of Notcoin, its impact on the crypto market, and what fuels its success. Stay informed with the latest developments in cryptocurrency.
Why Has Notcoin Gained Popularity?
The recent frenzy surrounding Notcoin has propelled it to the 7th most traded asset on Binance, surpassing established cryptocurrencies such as Solana, Dogecoin, and XRP. The token’s market value, which stood at $1 billion just two days ago, has now ascended to $1.2 billion, making it the 81st largest asset. This surge in popularity and value is majorly credited to the recent launch of “earning tasks.”
What Fuels Notcoin’s Success?
The “earning tasks,” introduced last week, enable players to passively accumulate crypto rewards. The gameplay involves users clicking on a gold coin displayed on their screens to earn in-game NOT tokens. Additional incentives are provided for completing tasks and utilizing “supports.” The project’s team recently reminded users via Twitter that they have until June 16 to claim their earnings. Over the past week, users have collectively earned more than 56 million NOT tokens, equivalent to roughly $700,000.
Key Takeaways
- Notcoin’s trading volume hit $1.3 billion in the last 24 hours.
- The token’s value increased by 35% since the previous day and 129% over the past week.
- Notcoin is now the 7th most traded asset on Binance.
- The market value of Notcoin has reached $1.2 billion.
- Users earned over 56 million NOT tokens in the past week alone.
Conclusion
Notcoin has emerged as one of the most significant game tokens launched in 2024 by market value. It has surpassed other notable tokens such as Pixels (PIXEL), which reached a market value of $731 million, and Saga (SAGA), which reached $684 million. As of now, Notcoin is trading at $0.0121, continuing its upward trajectory in the cryptocurrency market. Investors and enthusiasts should keep an eye on this rapidly evolving asset, as its innovative earning tasks and growing popularity could signal further growth and opportunities in the near future.
