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Cryptocurrency News Articles
Crypto Sensation Notcoin Soars After Exchange Listings and Social Media Explosion
May 10, 2024 at 06:32 pm
Notcoin (NOT) is trending on X as major crypto exchanges prepare to list the token. Crypto exchange ByBit officially announced Notcoin's listing on its platform on May 9, and Binance will start spot trading on May 16. Telegram's third-party custodial crypto wallet will also add NOT to its app on May 16.
Cryptocurrency Sensation Notcoin Soars Amidst Exchange Listings and Social Media Buzz
May 11, 2023 - The cryptocurrency ecosystem has been abuzz with the meteoric rise of Notcoin (NOT), a unique play-to-earn game and token that has taken the Telegram messaging platform by storm.
Major cryptocurrency exchanges have been scrambling to list NOT, with ByBit officially announcing its listing on May 9th, followed by Binance's addition of NOT to its launch pool on the same day. ByBit has scheduled NOT trading and withdrawals for May 16th and 17th, respectively, while Binance will commence spot trading on May 16th. Telegram's own custodial crypto wallet, Wallet, will also integrate NOT on May 16th.
The momentum surrounding NOT has been propelled by its viral success as a play-to-earn game on Telegram. Launched in January 2024, Notcoin allows users to earn rewards in the eponymous NOT token by simply clicking on coin icons. The game's popularity has skyrocketed, attracting millions of users even before NOT was available for trading on major exchanges.
Sasha Plotvinov, the founder of Open Builders, the team behind Notcoin, attributed the game's viral success to its ability to bridge the gap between Telegram users and the world of cryptocurrency. "Notcoin has solved the issue of attracting Telegram users to crypto," said Plotvinov.
The excitement surrounding NOT has also been evident on social media, with the "#Notcoin" hashtag garnering over 35,000 posts on Twitter. At the time of writing, the official Notcoin Community channel on Telegram has amassed over six million subscribers, while its Twitter account boasts 1.6 million followers.
In addition to the exchange listings, crypto exchange OKX is set to feature Notcoin at its Jumpstart Mining event on May 13th, allowing holders of Toncoin (TON) to stake their TON and earn rewards in NOT.
The Notcoin team has acknowledged the anticipation surrounding the token's listing, while simultaneously cautioning against unrealistic expectations. "No one knows what the price of NOT will be after listing," the team wrote in a blog post, noting that the mining phase had been completed.
The surge in interest in NOT coincides with a broader upswing in the TON ecosystem. On May 8th, major crypto investor Pantera Capital announced that its strategic investment in TON represented the company's "largest investment ever." The announcement has sent TON's price soaring, with the cryptocurrency trading at $6.88 at the time of writing, up around 27% over the past seven days.
As the frenzy surrounding Notcoin continues, cryptocurrency enthusiasts eagerly await the token's official listing on major exchanges. With its unique play-to-earn concept, viral success, and strong community support, NOT has emerged as a force to be reckoned with in the cryptocurrency landscape.
Disclaimer:info@kdj.com
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