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Notcoin (NOT) Surges Over 40%, Surpasses $1 Billion Market Cap

BeInCryptoBeInCrypto2024/05/29 05:43
By:BeInCrypto

Notcoin’s NOT token has surged over 40% following the launch of “earnings missions”.

These missions allow players of the Telegram-based game to earn crypto rewards passively, fueling significant market growth.

Notcoin’s Rapid Rise

Notcoin , a Telegram-based game, allows users to earn tokens by clicking a gold coin on-screen. Completing quests and using “boosts” offer additional rewards. The introduction of “earnings missions” has significantly boosted the token’s value: the new functionality enables users to earn passive rewards by participating in various quests, increasing engagement and community activity.

Sasha Plotvinov, founder of Open Builders, has ambitious plans for Notcoin . He aims to transform it into a launchpad for other developers to create their crypto social games.

As for now, NOT is trading at $0.009631, ranking itself among the top 100 cryptos by market cap. The 24-hour trading volume surged to $1.3 billion, a 231.28% increase from the previous day. 

“1.4 billion dollars volume on NOTCOIN; that volume alone is bigger than the entire Starknet market and ecosystem,” crypto influencer Farmercist noted .

Read more:  5 Best Toncoin (TON) Wallets in 2024

Notcoin, a Web3 game built on the TON blockchain, launched in January as a Telegram mini-app, attracting over 35 million players. The developers claim NOT is unique among other gaming tokens, assuring that 100% of the coins belong to players by default.

In mid-May, Notcoin completed the NOT airdrop — the largest gaming token launch of the year so far. The token’s growth has been fueled by its listing on major exchanges like Binance, OKX, and Bybit. This increased accessibility has driven up trading volume and market cap.

Read more:  11 Cryptos To Add To Your Portfolio Before Altcoin Season

Telegram founder Pavel Durov praised Notcoin’s success, highlighting the power of TON ecosystem for app developers. With strong community engagement, innovative reward systems, and backing from influential figures, Notcoin is well-positioned for continued growth.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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