What is Notcoin and Why the Surge

A new player has just emerged in the crypto space, capturing the attention of millions of users worldwide. Notcoin (NOT), a Web3 game built on the TON blockchain, has made a significant impact since its launch in January 2024. Notcoin has quickly risen to become one of the most talked-about cryptocurrencies in the market.

What is Notcoin (NOT)?

Notcoin is a crypto asset that powers a Web3 game on the TON blockchain. Launched as a Telegram mini-app, Notcoin has attracted over 35 million players in a short span of time. The developers of Notcoin emphasize its uniqueness compared to other gaming tokens, as it provides 100% ownership of coins by players, giving them full control over their assets.

Notcoin has gained significant popularity among crypto enthusiasts, with many actively participating in the Web3 game through Telegram and earning tokens. The ease of access and the potential for earnings have contributed to its widespread adoption in the crypto community.

Breaking into the Top 10 Cryptocurrencies by Trading Volume

On May 16, 2024, Notcoin achieved a remarkable milestone by breaking into the list of top 10 cryptocurrencies in daily trading volume. This feat was accomplished after Notcoin’s listing on several centralized exchanges, reflecting the high demand for the crypto asset. Within 24 hours of active trading, Notcoin reached the eighth position, with a trading value exceeding $1.4 billion.

Market Capitalization and Price Dynamics

Notcoin’s market capitalization experienced a meteoric rise, soaring to $1 billion within just 10 minutes of its official launch. Despite an initial price drop from $0.02156 to $0.006618, the coin remains actively traded on major crypto exchanges such as Binance and OKX. Currently, Notcoin’s market capitalization stands at $697 million, positioning it as the 107th largest crypto asset.

Outperforming Competitors

The Notcoin bull run has led to a significant outperformance compared to its competitors, such as Pixels (PIXEL) and Saga (SAGA). Following Notcoin’s debut, PIXEL dropped to second place, with a peak market cap of $730 million, while SAGA’s maximum capitalization reached $684 million. This demonstrates the strong market demand and investor confidence in Notcoin.

Telegram Founder’s Endorsement

Pavel Durov, the founder of Telegram, praised Notcoin’s impressive achievement, highlighting the various advantages that the Telegram platform offers to app developers and crypto enthusiasts. This endorsement from a prominent figure in the tech industry further solidifies Notcoin’s position in the market.

Availability and Accessibility

Notcoin (NOT) is available for trading on major exchanges, including Binance, OKX, and Bybit. Users can also purchase NOT directly through Telegram’s Wallet, making it easily accessible to a wide range of investors and enthusiasts.

Token Distribution and Supply

The total supply of Notcoin exceeds 102 billion tokens, with 80.2 billion tokens already distributed among community members. The remaining coins are reserved for new users, traders, listing companies, and future development stages of the project. This distribution strategy ensures a fair and inclusive ecosystem for all participants.

Also Read: What is TapSwap

Key Takeaways

1. Notcoin (NOT) is a Web3 game built on the TON blockchain, launched in January 2024 as a Telegram mini-app.

2. It has attracted over 35 million players worldwide, with the developers emphasizing 100% player ownership of coins.

3. Notcoin has gained significant popularity among Nigerian crypto enthusiasts, with many participating in the game via Telegram and earning tokens.

4. On May 16, 2024, Notcoin broke into the list of top 10 cryptocurrencies in daily trading volume after its listing on several centralized exchanges.

5. Within 24 hours of active trading, Notcoin reached the eighth position, with a trading value exceeding $1.4 billion.

6. Notcoin’s market capitalization soared to $1 billion within 10 minutes of its official launch and currently stands at $697 million, placing it as the 107th largest crypto asset.

7. The Notcoin bull run has led to a significant outperformance compared to its competitors, such as Pixels (PIXEL) and Saga (SAGA).

8. Telegram founder Pavel Durov praised Notcoin’s impressive achievement, highlighting the advantages of the Telegram platform for app developers and crypto enthusiasts.

9. Notcoin (NOT) is available for trading on major exchanges like Binance, OKX, and Bybit, and can also be purchased through Telegram’s Wallet

10. The total supply of Notcoin exceeds 102 billion tokens, with 80.2 billion tokens distributed among community members, while the remaining coins are reserved for new users, traders, listing companies, and future development stages.

Frequently Asked Questions

1. What is Notcoin (NOT), and how does it work?

Notcoin is a Web3 game built on the TON blockchain, where players can earn and own cryptocurrency tokens (NOT) through gameplay. It operates as a mini-app within the Telegram messaging platform.

2. How can I start playing Notcoin and earning tokens?

To start playing Notcoin, you need to have a Telegram account. Once logged in, you can access the Notcoin mini-app and begin playing the game to earn NOT tokens.

3. What makes Notcoin different from other gaming tokens?

Notcoin stands out by offering 100% player ownership of coins. This means that players have full control over the tokens they earn through gameplay, unlike some other gaming platforms where the ownership may be limited.

4. Can I buy Notcoin (NOT) on cryptocurrency exchanges?

 Yes, Notcoin is available for trading on several major cryptocurrency exchanges, including Binance, OKX, and Bybit. You can buy, sell, or trade NOT tokens on these platforms.

5. How has Notcoin performed in terms of trading volume and market capitalization?

Notcoin has shown impressive performance, breaking into the top 10 cryptocurrencies by daily trading volume within 24 hours of its listing on centralized exchanges. Its market capitalization also reached $1 billion within 10 minutes of its official launch.

6. Is Notcoin popular in any specific regions or countries?

Notcoin has gained significant popularity in the Nigerian crypto space, with many enthusiasts actively participating in the game and earning tokens through Telegram.

7. What is the total supply of Notcoin (NOT) tokens?

The total supply of Notcoin exceeds 102 billion tokens. Out of this, 80.2 billion tokens have been distributed among the community members, while the remaining coins are reserved for various purposes, including new users, traders, listing companies, and future development stages.

8. How has Notcoin performed compared to its competitors?

Notcoin has outperformed its competitors, such as Pixels (PIXEL) and Saga (SAGA), in terms of market capitalization and trading volume. This indicates strong market demand and investor confidence in the project.

9. Has Notcoin received any notable endorsements or recognition?

Pavel Durov, the founder of Telegram, has praised Notcoin’s impressive achievement and highlighted the advantages of the Telegram platform for app developers and crypto enthusiasts. This endorsement adds credibility to the project.

10. What are the future plans for Notcoin, and how will the reserved tokens be used?

The Notcoin team has allocated the remaining tokens for various purposes, including attracting new users, traders, and listing on additional exchanges. The reserved tokens will also be used to support future development stages and enhance the project’s ecosystem.