Telegram’s “Tap to Earn” game Notcoin has surged 74% in 24 hours to $0.02, with trading volume even surpassing BTC.
Based on the TON public chain, Notcoin, a Telegram game, was listed on 18 exchanges including Binance, OKEx, and Bybit in mid-May. Unexpectedly, it experienced a continuous decline after going live. Although it slightly rebounded to $0.0088 on May 27, it did not see any significant market movement. Today, Notcoin reached a peak of $0.0209, with a 74% increase in 24 hours.
NOT price surpasses $0.02
Trading volume exceeds Bitcoin
Notcoin is a free and user-friendly Telegram game where users can earn coins by simply tapping on their mobile screens through a “Tap-to-Earn” mechanism. The low entry barrier of the game and the clear announcement of cryptocurrency rewards have attracted a large number of users. In the latest official tweet, Notcoin stated:
It is worth noting that the contract and spot trading volume of Notcoin has even surpassed Bitcoin. As of the deadline, the trading volume of NOT contracts reached $3.3 billion, while BTC was only $3 billion. Despite being referred to as a top meme coin on the TON public chain by the community, some analysts still struggle to understand how NOT has attracted such a huge trading volume and attention in a short period of time, expressing their disbelief.
Rocky, an analyst, expresses his doubts about NOT’s sudden surge.
Related Reports
Dark horse in the market! TON public chain’s TVL surges 400% in the past two months, with a 20% weekly increase in coin price, reaching a historical high.
Breaking news: TON airdrops to NFT users! Distributing over 100,000 TON tokens, check the eligibility requirements at once.
2024 Cryptocurrency Market Forecast: Ethereum Layer2, Bitcoin ecosystem, GameFi, NFT, Meme coins, etc.