Notcoin Jumps 35% as NOT Units New All-Time Excessive

What’s NOT to like? Notcoin, the play-to-earn Telegram cryptocurrency recreation, noticed its token set a brand new all-time excessive of $0.01244 early Thursday morning.

It is already retreated barely, however the present Notcoin worth of $0.01199 means it is comfortably 35% increased than it was this time yesterday and 129% increased than it was this time final week. Over the previous day, NOT has seen $1.3 billion price of buying and selling quantity—roughly 42% of it originating from the NOT/USDT buying and selling pair on Binance.

In truth, the Notcoin frenzy has been sufficient to make it the seventh most traded asset on Binance. Up to now day, it is achieved extra quantity than any Solana, Dogecoin, or XRP buying and selling pair, in keeping with CoinGecko knowledge.

Two days in the past, NOT had solely simply turn out to be a prime 100 asset and reached a $1 billion market capitalization. However it’s now climbed the charts to turn out to be the 81st largest asset and reached a $1.2 billion market cap, in keeping with CoinGecko knowledge. The workforce additionally bragged that NOT has 1.6 million onchain holders—greater than meme coin darlings Shiba Inu, BONK, or Pepe.

Telegram-based “social clicker” recreation Notcoin permits customers to earn its in-game NOT token by clicking on a gold coin displayed on-screen, with further rewards out there for finishing quests and making use of “boosts.” On Thursday morning the undertaking reminded its neighborhood that holders could have till June 16 to say their earnings.

The Notcoin workforce on Twitter that customers earned greater than 56 million NOT tokens, equal to roughly $700,000, previously week.

Pleasure for the Telegram recreation has been spurred alongside by the launch of “incomes missions,” which permit gamers to gather passive NOT token rewards. The missions normally require gamers to be energetic in associate undertaking communities and their earnings are decided by a participant’s in-game stage, which is predicated on how a lot NOT they’ve staked.

Notcoin’s airdrop earlier this month put it on the prime of the listing of largest gaming token launches by market cap in 2024. The runners-up are Pixels (PIXEL), which peaked at $731 million in keeping with CoinGecko, and Saga (SAGA) at a peak cap of $684 million.