Sokipiriye Dokubo
Notcoin, a popular cryptocurrency project that offered significant earnings to Nigerians through an airdrop campaign, has witnessed an 11% decrease in its value following the conclusion of the airdrop claim period.
Announcement of Airdrop Conclusion
The Notcoin team announced the end of the airdrop claim on their social media platform, X, updating the community on the number of Notcoin holders and their on-chain activities. They mentioned future plans for unclaimed tokens and additional rewards for Gold and Platinum level stakers.
Current Market Performance
As of now, Notcoin is trading at $0.01797, showing an 11.3% decrease in value. This marks the lowest price for Notcoin since Friday morning, though it remains significantly higher than its launch price a month ago.
Market Position
Despite the drop, Notcoin retains its position as the 58th largest cryptocurrency asset on Coingecko, boasting a market capitalization of $1.8 billion, placing it ahead of projects like Aave, Jupiter, and zkSync.
Factors Driving Growth
Notcoin’s success is linked to the rising popularity of Play-to-Earn crypto projects, especially those integrated with Telegram. Its value surge post-launch was primarily fueled by the airdrop claim activities, which concluded recently, allowing participants various ways to engage with the tokens.
Upcoming Plans
Notcoin will release further details on additional rewards for Gold and Platinum stakers in the near future as mentioned in their airdrop claim conclusion announcement.
Project Overview
Notcoin is a Telegram-based crypto gaming project with a massive player base of 35 million. It is a standout Play-to-Earn crypto project, offering substantial earnings to participants worldwide, with other notable projects like Hamster Kombat, Tapswap, and Yescoin also making waves.