Notcoin (NOT), a rising cryptocurrency, has achieved a major milestone by breaking into the top 10 cryptos by daily trading volume following its listing on multiple centralized exchanges on May 16.
The surge in trading volume reflects high demand for Notcoin, significantly boosting its market capitalization. According to Bein Crypto, Notcoin reached eighth in daily trading volume within 24 hours, with a trading value surpassing $1.4 billion.
Despite an initial price drop from $0.02156 to $0.006618, Notcoin remains actively traded on major exchanges like Binance and OKX. The coin’s market capitalization soared to $1 billion within 10 minutes of its official launch but now stands at $697 million, ranking it 107th among the largest crypto assets.
Notcoin’s trading volume has made it the eighth most traded cryptocurrency in the last 24 hours, outperforming competitors such as Pixels (PIXEL) and Saga (SAGA). Following Notcoin’s debut, PIXEL dropped to second place with a peak market cap of $730 million, while SAGA’s maximum capitalization was $684 million.
Telegram founder Pavel Durov praised Notcoin’s success and highlighted the advantages of the Telegram platform for app developers and crypto enthusiasts. “This amazing success story shows how powerful the Telegram/TON ecosystems are for app developers. Telegram offers more freedom than any other platform, providing unmatched opportunities for viral distribution. TON provides scale and flexibility for any blockchain project,” Durov said.
Notcoin is available on major exchanges like Binance, OKX, and Bybit and can be purchased via Telegram’s Wallet. The total supply of Notcoin exceeds 102 billion tokens, with 80.2 billion tokens distributed among community members. The remaining coins are reserved for new users, traders, listing companies, and future development stages of the project.
Notcoin, a Web3 game built on the TON blockchain, launched in January as a Telegram mini-app, attracting over 35 million players. The developers emphasize that Notcoin is unique among gaming tokens, offering 100% ownership of coins by players. It has gained significant popularity in the Nigerian crypto space, with many enthusiasts participating in the Web3 game via Telegram and earning tokens.
