Top Performer of Thursday: Notcoin (NOT) Surges 30%, Surpassing Shiba Inu and Pepe in On-Chain Holders, Reports

Notcoin (NOT), the play-to-earn token integrated into the Open Network (TON) ecosystem, has seen remarkable success in the market, emerging as the top performer on Thursday. With a remarkable surge of over 30% in the past 24 hours, Notcoin has secured the 82nd position among the top 100 cryptocurrencies, with a market capitalization of $1.25 billion.

Launched in 2023 by Open Builders, a team dedicated to developing social games, Notcoin quickly garnered popularity. The game’s engaging gameplay, coupled with leveraging Telegram’s extensive user base, attracted millions of users. Players participate in a Telegram-based Tap-to-Earn game, earning Notcoins by tapping on virtual coins. Completing quests, engaging in leaderboards, and utilizing boosts enhance the earning potential, making Notcoin a welcoming entry point for newcomers to blockchain gaming.

Notcoin exemplifies a notable GameFi project, drawing in over 35 million users through its interactive gameplay and rapid growth. With a total supply of 102.7 billion NOT tokens, Notcoin’s allocation strategy prioritizes community involvement, with a significant portion allocated to early miners and voucher holders. The remaining tokens are reserved for new users, traders, and future development phases, fostering a decentralized and community-driven ecosystem.

Following a decline in value to $0.0045 on May 23 after a successful airdrop and listing on major exchanges like Binance, Notcoin has since surged to $0.012 within 24 hours, reaching a new all-time high. The surge in on-chain holders, surpassing competitors like Shiba Inu, Bonk Inu, and Pepe Coin, has been a key driver behind this price increase.

Notcoin has also witnessed a significant increase in trading volume, reaching $1.4 billion traded within 24 hours and becoming the 7th most traded asset on Binance. The introduction of passive earning missions in the Telegram game has contributed to Notcoin’s recent surge in price, trading volume, and market cap.

As the market awaits further developments, the future trajectory of Notcoin remains to be seen. The combination of increased on-chain holders, growing trading volume, and new gameplay features positions Notcoin for continued growth and market recognition.

Crypto assets are highly volatile, and investing in them carries risks. It’s important to be prepared to lose all invested funds and understand the high-risk nature of these investments. Read the full disclaimer for more information.

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