- Notcoin (NOT), the token of the Telegram-based clicker game, has surged to over $2 billion in market cap, rising 219% in the past week and 300% in the past two weeks.
- The surge in Notcoin’s price has propelled The Open Network’s native token Toncoin (TON) back into the top 10 cryptocurrencies by market capitalization.
- Over $4.2 billion worth of Notcoin has traded hands in the last 24 hours, with major exchanges like Binance, OKX, and Bybit seeing significant trading volumes.
The token tied to Telegram-based game Notcoin has seen meteoric growth, skyrocketing over 200% in recent weeks. This comes as The Open Network’s Toncoin reenters the top 10 cryptocurrencies by market capitalization.
Notcoin’s Massive Price Surge
Notcoin’s token NOT has surged to over $2 billion in market cap in recent days. Released on The Open Network (TON), the game rewarded users with NOT for tapping on the screen. Since its airdrop in May, NOT has risen 500% to $0.022. In the past two weeks alone, it has rallied 300% amid ongoing gameplay.
This weekend, NOT hit an all-time high above $0.028 with a market cap over $2.7 billion. This is a huge jump from $565 million after its initial airdrop. Over $42 billion worth of NOT has been traded recently, with Binance accounting for $24 billion in volume.
Earning Missions Drive Growth
Last month, Notcoin released earning missions to let users passively earn NOT by completing tasks. Before, users only earned NOT from one-time tapping allocations. Following the missions’ launch, NOT surged 50% to $0.00971 with a market cap near $1 billion. Trading volume also exploded to $1.4 billion.
Toncoin Reenters Top 10
The Open Network’s Toncoin has also been rallying. Adopted by Telegram last year, Toncoin’s price has risen 16% to $0.665 over the past month. After falling out of the top 10 recently, Toncoin regained the #10 spot with a market cap near $16 billion – nipping at Cardano’s heels.
Conclusion
Propelled by surging gameplay and token rewards, Notcoin’s NOT token has been one of the top performing cryptocurrencies in recent weeks. The Open Network’s Toncoin has also rallied back into the top 10, highlighting the renewed interest in Telegram’s crypto ecosystem. Both projects appear poised for more growth in the weeks and months ahead.
