The market capitalization for Telegram-based clicker game, NotCoin ($NOT), has soared past $2 billion recently, with its price skyrocketing just weeks after its launch.
Airdropped in May 2024 to users who repeatedly tapped a digital gold coin in-game, NotCoin has increased by 5% in the last 24 hours to $0.022, according to CoinGecko data. This surge has contributed to a 219% gain over the last seven days.
Over the past two weeks, the cryptocurrency has experienced a remarkable 300% rally amid continued user activity.
Released on The Open Network (TON), the captivating game involving screen-tapping has become the largest gaming-related token launched this year [2024]. It currently ranks as the 57th largest cryptocurrency by market capitalization, according to CoinGecko.
This past weekend, NotCoin’s price reached an all-time high of over $0.028. At that peak, the cryptocurrency’s market capitalization surged to $2.77 billion, a significant increase from its total value of approximately $565 million shortly after the airdrop in late May 2024.
Last month [April 2024], the project introduced ‘earnings missions’ that allow users to earn $NOT passively by completing specific tasks. Previously, NotCoin users performed actions, primarily tapping, in hopes of receiving a one-time allocation of the cryptocurrency.
Meanwhile, The Open Network’s native token, TonCoin ($TON), has also experienced a rise. Adopted by the messaging app, Telegram, as its ‘official Web3 infrastructure’ in 2023, TonCoin’s price has increased to $6.65 over the past 30 days, achieving a 16% gain.
On June 3 2024, TonCoin experienced a 2.6% increase over the previous day. Despite being pushed out of its top-ten spot by market capitalization last week, TonCoin’s recent gains have allowed it to reclaim this position with a market cap of nearly $16 billion, surpassing Cardano. However, as of this writing, the market capitalization of the two remains very close.
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