Coinspeaker Notcoin (NOT) Boasts Market Cap of $700M after Listing, Durov Endorses Its Progress
Notcoin (NOT), a gaming token built on Telegram, has garnered interest lately due to its unique way of making money for its community members. Pavel Durov, founder of the popular messaging app Telegram, has shared a few stories about the token’s progress and how it has grown from being just a token to becoming one of the most talked-about coins in the crypto market.
From Mini-Game to Crypto Phenomenon
Pavel revealed that Notcoin initially started its progress as a mini app on Telegram where players could earn game currency by participating in the game. This simple tapping game gained the attention of many as it garnered more than 35 million active users within a few months after it was launched.
The Notcoin community achieved a new feat yesterday, experiencing a notable turnaround as the token was minted on The Open Network (TON) blockchain, and also listed on several crypto exchanges such as Bybit, Binance, Bitget, and OKX, allowing community members who have participated in the game to turn their earnings into real money.
Upon listing, the token had an immediate impact as it managed to become one of the top 10 cryptocurrencies by trading volume over the past 24 hours with a market capitalization of over $700 million. NOT price was $0.006795 at the time of writing. This unique feat by the token has caused excitement among followers of the project, who have been closely monitoring the coin’s progress.
Hamster Kombat, another Telegram-based game, said through its X account that the Notcoin listing was epic and the most anticipated and successful listing of the year. In their words:
“Notcoin listing was epic. It was the most anticipated and one of the most successful listings of the year!”
Similar to Hamster’s words DIGITEK a crypto investor with over 45 thousand followers on X, opined that Notcoin has been able to successfully outshine other crypto projects without stressing its users.
#NOTCOİN did what BLOCK, MOJO, BUBBLE, BEYOND, REPUBLIK, PARAM & co couldn't do with all their hype.
Another day to remind you that a project that is intentional will not stress much.Projects like $GMRX, $WEN, $NOT have proven this 👌
Gm. It's time to get back to alphas 🤝
— DIGITEK (@DigiTektrades) May 17, 2024
Telegram’s Ecosystem Fuels Decentralized Innovation
The new achievement by Notcoin offers insight into the future of decentralized applications, as developers can also leverage Telegram and TON blockchain ecosystems to create an innovative and formidable project and turn it into a major success.
Telegram has continued to enable developers to easily build on the platform, allowing them to utilize the available social interaction tools for viral distribution. Similarly, TON gives room for scalability and versatility. Pavel revealed that the platform has been gaining an influx of new mini-apps.
It has also become known that Notcoin plans to donate 1.03 billion NOT to Telegram and its founder.
With Notcoin’s success, it has set itself as the leader of the pack, providing a stage for other apps to follow. The success of the launch and the popularity it garnered afterward is a good foundation for more meteoric growth. The attention the launch has given it will obviously continue to attract gamers and investors to the project. This is also expected to attract more developers to Telegram and TON blockchain.
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Notcoin (NOT) Boasts Market Cap of $700M after Listing, Durov Endorses Its Progress