Surge in Toncoin (TON) Value: Notcoin’s Anticipated Airdrop Sparks 27% Increase in Just One Week

• Notcoin, a Telegram-based game, is expected to soon airdrop NOT tokens among its 35 million players.
• Several popular platforms and exchanges, including CoinMarketCap and ByBit, have announced the listing of NOT.
• Meanwhile, Toncoin’s price surged by 27% in the last seven days, seemingly benefiting from the hype around Notcoin.

Notcoin, a popular Telegram-based game, is set to airdrop NOT tokens to its 35 million players. This news comes as several major platforms announce the listing of NOT, and as Toncoin sees a significant price surge.

Notcoin to Airdrop NOT Tokens

Notcoin, a game with a user base of over 35 million, allows players to earn in-game coins on Telegram. The game’s officials had previously announced plans to launch a real-world token, NOT, for its players. The airdrop was delayed, but recent developments suggest it may happen soon. CoinMarketCap and ByBit have both announced the listing of Notcoin, with ByBit also announcing the listing of the NOT/USDT pair on its spot trading platform. The token will be launched on the Open Network (TON), developed by Telegram, and 100% of the tokens will be allocated to Notcoin players who mined the coin.

Toncoin Benefits from Notcoin Hype

As speculation and hype around NOT gained momentum, Toncoin’s price saw a significant increase. According to CoinMarketCap, the token’s price surged by more than 27% in the last seven days. In the last 24 hours alone, the token’s value surged by over 5%. At the time of writing, TON was trading at $6.02 with a market capitalization of nearly $21 billion. Notcoin’s popularity also had an impact on Toncoin’s social metrics. AMBCrypto’s analysis of Santiment’s data revealed that TON’s social dominance increased on the 9th of May. Its social volume also remained relatively stable throughout the last week.

Conclusion

The upcoming airdrop of NOT tokens by Notcoin has created a buzz in the crypto space, with several major platforms announcing the listing of NOT. Meanwhile, Toncoin has seen a significant price surge, seemingly benefiting from the hype around Notcoin. As the crypto market continues to evolve, these developments highlight the interconnected nature of different cryptocurrencies and the impact of market speculation on token prices.