Sokipiriye Dokubo
Following its listing on Binance, the price of Notcoin (NOT) has surged by 16%. Binance’s endorsement has positively impacted Notcoin’s market performance, boosting its credibility and value.
Market Performance
Notcoin is currently trading at $0.018, marking a substantial increase in its market capitalization to $1.84 billion. The trading volume has also surged by 65%, reaching $1.26 billion. Despite these gains, NOT remains 37% below its all-time high of $0.0289 achieved in June.
Impact of Binance Listing
The recent listing on Binance, including a new trading pair of NOT to Brazilian Real (NOT/BRL), has played a significant role in the 16% price surge of NOT. This move has expanded trading opportunities for Brazilian users, validating Notcoin’s legitimacy as an early Telegram-based Web 3 clicker game.
About the NOT Token
NOT serves as the native cryptocurrency within the Notcoin project, incentivizing community engagement through various project activities. Users earn NOT tokens by participating in Web 3 products and services in the ecosystem, such as playing the Notcoin clicker game on Telegram.
The rewards users receive in NOT tokens are based on their level within the ecosystem, with higher levels offering greater rewards. The Platinum level provides the highest rewards for participants.
Recent Developments
In May, Notcoin gained traction, entering the top 100 cryptocurrencies post its Token Generation Event, leading to listings on multiple major crypto exchanges. The project’s popularity in Nigeria was evident through a successful airdrop that benefited numerous Nigerian users.
Current Statistics
Live Price: $0.018065 per NOT/USD
Market Cap: $1.86 billion
24-Hour Trading Volume: $1.26 billion
The Notcoin team also showed appreciation to Telegram’s founder, Pavel Durov, by gifting him over 1 billion NOT tokens valued at $6.8 million for his instrumental role in promoting Notcoin globally via Telegram.