Notcoin has finally introduced its NOT token on the Telegram-based The Open Network (TON).
Notcoin has finally introduced its NOT token on the Telegram-based The Open Network (TON). The token's debut led to the largest gaming token launch of 2024, accompanied by a trading volume worth over a billion dollars. According to data from CoinMarketCap, the NOT token is currently trading at approximately $0.007081, resulting in a market capitalization of around $735 million. Its trading volume reached $1.27 billion, making it the 10th most traded token in the past 24 hours. The entire supply of 102.7 billion tokens was minted right from the beginning.
More than 35 million players of the game were eligible to claim NOT tokens as a result of their gameplay. Additionally, Notcoin initiated staking rewards campaigns through Binance and OKX earlier this week. Following its launch, the token's price reached a high of $0.012 before experiencing a decline, as an increasing number of players claimed and sold their tokens on the market.
This level of gameplay is enabling the nascent Tap2Earn ecosystem to launch quickly, with games such as X Empire, Blum, and the incredibly popular Hamster Kombat leading the way.
NOT is listed on multiple top cryptocurrency exchanges, such as Binance, Bybit, OKX, KuCoin, and the NOT token's claim process was made available to all players of the viral Telegram-based game, Notcoin. Players can now decide what to do with their earned NOT tokens, which were distributed at a 1,000-to-1 ratio based on the in-game coins they mined earlier this year.
Despite the price drop, the NOT token's market capitalization reached a peak of $1.25 billion. In terms of market cap, Notcoin surpasses its competitors as the biggest gaming token launch of the year. The second and third largest gaming token launches, Pixels (PIXEL) and Saga (SAGA), reached peak market caps of $731 million and $684 million, respectively.
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