The token for crypto’s new Telegram-based social clicker game Notcoin ($NOT) has more than doubled in price the last week, little more than a fortnight after launch.
Notcoin is currently changing hands at $0.01175.
This represents a 3% decline in the last 24 hours, but a stratospheric more-than-doubling of 150% from its price last Friday.
Earning Notcoin is simple.
Open up Telegram, find the Notcoin mini app, invite friends, and you can begin tapping the gold coin in the interface to earn Notcoin.
Tap allowances are limited and refill slowly over time. However, players can earn more taps by questing and performing community actions.
According to the platform’s official X account, Notcoin’s daily active players peaked at 5 million shortly after listing.
5 Million people claimed Notcoin in the first 36 hours after the listing.
4M deposited to exchanges or staked
1M claimed on-chain already
$743M Market cap
Vouchers
795k Notcoin Vouchers total:
530k converted to Notion
264k on the market (2.6% total supply) pic.twitter.com/4PpPLVLI2O
— Notcoin Ø (@thenotcoin) May 17, 2024
Notcoin runs on The Open Network (TON), a blockchain that was previously part of Telegram, but has since spun out while maintaining a strong affiliation.
This week’s price action outdid both Bitcoin ($BTC) and Ethereum’s ($ETH) gains (1% and 2.2% respectively) over the last seven days.
Much of $NOT’s upward momentum is likely due to an announcement that players have until June 16 to claim their tokens. Claiming is done by withdrawing tokens from the app to a wallet.
The protocol also said new users will soon have access to the game’s ‘Levels’ and ‘Explore’ features.
Initially priced at $0.00748639, the $NOT token experienced a significant dip to an all-time low of $0.004611
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