Everything you need to know about Notcoin
Is Notcoin a good investment?
Notcoin is making waves in the crypto world after breaking into the top 50 cryptocurrencies by market capitalization. But what exactly is Notcoin, where is it listed, and what does its future look like?
Notcoin is a Telegram-based game that has recently attracted millions of players. The game has 35 million total players, with a peak of six million daily active users. That is much larger than most cryptocurrency games.
What is Notcoin (NOT)?
Notcoin (NOT) is a play-to-earn token in the TON ecosystem. It is primarily used in a Telegram-based game, where players earn tokens by tapping virtual coins and completing in-game tasks. Learn about Notcoin’s role in GameFi, the significance of its integration with the TON ecosystem, prospects, and practical advice on purchasing and storing the NOT token.
To put it simply, Notcoin is a social clicker game. Players who want to earn in-game coins can open the Telegram app, tap the Notcoin bot,invite friends, and start playing.
Once you’re in the game, a gold coin appears on your screen, which you can tap to earn Notcoin, an in-game currency. You are given a limited amount of energy, which depletes and then slowly refills over time, so you cannot click indefinitely without encountering obstacles.
The origin of Notcoin (NOT)
Notcoin (NOT) is a popular social game created by Open Builders, a team dedicated to creating engaging and viral games.
Since its launch, the game has amassed millions of users thanks to its simple yet addictive gameplay and strategic use of Telegram’s large user base. Notcoin is most commonly used in a Tap-to-Earn game, in which players earn Notcoins by tapping on a virtual coin.
Players can earn in-game currency by performing regular gameplay activities, completing quests, joining leaderboards, and using boosts to increase earnings. Notcoin is a standout GameFi project, attracting over 35 million users thanks to its engaging gameplay and viral growth.
The game promotes social interaction via squad formation, invitations, and community-driven activities, resulting in a strong, active user base and vibrant community.
What is NOT Token?
Notcoin announced an airdrop for a real token called NOT Token in May. The token went live on The Open Network (TON), and players could claim an allocation based on the number of in-game coins they mined.
Major exchanges, including Binance, OKX, and Bybit, listed the token and ran staking rewards campaigns, rewarding customers with over 4 billion NOT. Binance customers staked more than $14 billion in cryptocurrency to secure rewards.
Notcoin (NOT) Tokenomics
Notcoin (NOT) has a total supply of 102.7 billion tokens, with 78% going to early miners and voucher holders and 22% reserved for new users and future phases.
The allocation strategy supports a decentralized ecosystem. When the game launches, every 1,000 in-game Notcoins are converted into one NOT token at a ratio of 1,000:1. Notcoin was added as the 13th project to KuCoin’s pre-market trading platform on May 10, 2024, and began spot trading on May 16, 2024.
What is the future of Notcoin?
Notcoin has several exciting updates coming up. The development team intends to introduce new features and collaborate to improve the user experience. Notcoin seeks to dominate the GameFi market by leveraging the TON blockchain’s infrastructure.
It plans to grow its user base and foster a community-driven ecosystem. The project aims to use gaming to drive the widespread adoption of decentralized applications and digital currencies.
Is not coin a good investment?
Notcoin is a game-based token with strong market performance, high trading volume, and market capitalization. The circulating supply is 102.7 billion tokens, with a market cap of approximately $563 million. Notcoin’s price history has been volatile, with both highs and lows.
On May 16, users who had earned TON could sell for a profit, resulting in a 55% drop in the cryptocurrency’s price. Regarding trading volume, it did NOT see a 65% increase to $1.26 billion. This is good news for the token, it still trades 37% below its all-time high of $0.0289, which it reached in June.
Notcoin’s potential stems from its innovative approach and strong community support. However, its success depends on its ability to deliver on its roadmap while navigating regulatory challenges. Prospective investors should stay current on the project’s progress and consider their risk tolerance before investing.
Notcoin Price Predictions
Predicting Notcoin’s future price is difficult due to its novelty and the overall volatility of cryptocurrency assets.
However, there are some optimistic projections:
- Pavel Durov’s Confidence: The creator of Telegram, Pavel Durov, is optimistic about Notcoin’s future growth. He was given 1 billion $NOT tokens for $0.0068, making them worth $6.8 million. He believes those same Notcoins will eventually be worth $680 million, implying that $NOT will one day reach an incredible $0.68!
- Market Sentiment: While detailed predictions are scarce, the overall market sentiment appears optimistic, fueled by the team’s innovative features and an ambitious roadmap.
