Notcoin (NOT) Price Skyrockets 15%, Follows TON Token's Rise to Record High

Bittime - The Notcoin (NOT) token pricejumped more than 15% on Friday (14/6). The price of Notcoin seems to be bucking the downward trend it has experienced since reaching a record high of $0.028 (around Rp. 450) on June 2.

Notcoin (NOT) Distributed Via Airdrop

NOT is a token on the TON blockchain that is distributed free of charge (airdrop) to users of the popular Telegram-based "tap to earn" game. The game has proven to be very popular, with Telegram CEO Pavel Durov himself writing about it and praising its level of user engagement.

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This significant spike in NOT prices occurred at the same time as the TON token surpassed its previous record high. For the first time since launch, the TON token touched a price above $8.00 (around IDR 131 thousand).

Also read: TON Continues to Innovate: First TON Hacker House Held in Hong Kong

Increase in TON and NOT Thanks to Telegram Games which are Increasingly Popular

Both price increases occurred amidst the increasing popularity of various other Telegram-based "x to earn" games, such as Hamster Kombat and Yescoin. Many of these games claim to have tens of millions of participants worldwide, although the extent to which bots have inflated those numbers remains unclear.

The popularity of the game and the ease of registration, creation of a digital wallet, and participation in it have undoubtedly driven TON's blockchain activity and statistics. 

Some reports say that the number of daily active wallets on the TON blockchain has surpassed Ethereum. However, these statistics do not include Layer 2, and the number of wallets does not necessarily indicate the number of unique users.

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Nonetheless, the number of daily active wallets currently stands above 547,000, according to Tonstat, and shows a clear upward trend.

Also read: Binance Announces ($NOT) Token, What's Special?

History of Notcoin (NOT)

Notcoin started as a simple, free game on Telegram. He took advantage of the short messaging application's massive user base to attract participants. 

The game is designed to be easy to access, with users able to earn Notcoins by performing simple tasks such as tapping on their device's screen. This “tap-to-earn” mechanic quickly went viral, amassing millions of users worldwide. 

At its peak, the game had 35 million users and more than six million daily active users (DAU).

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The simplicity of the game, combined with its integration into the popular Telegram platform, made it an instant hit. Users can mine Notcoin without an initial investment, making it a low-risk entry point into the world of crypto assets. 

The game's success can be attributed to its fun and engaging nature, coupled with the potential to earn real cryptocurrency.

How to Buy Crypto on Bittime

You can buy and sell crypto assets in an easy and safe way via Bittime. Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti. 

To be able to buy crypto assets on Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application. 

Learn Complete Guide How to Buy Crypto on Bittime. 

Monitor price chart movements of Bitcoin (BTC), Ethereum (ETH), Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.

Also read:

The Growth of Toncoin (TON) and Ethena (ENA) Continues

Alert! TON Phishing Scheme with USDT Lure

Notcoin (NOT) Launch Postponed, Here's Leaked Information!

Crazy, Notcoin (NOT) Listing on a Number of Crypto Exchanges in the Near Future!

DISCLAIMER: This article is informational in nature and is not an offer or invitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.