Telegram Gaming Token Notcoin (NOT) Surges Nearly 160% This Week To Reach a New All-Time High
Investing Latest News News

Telegram Gaming Token Notcoin (NOT) Surges Nearly 160% This Week To Reach a New All-Time High

A new token connected to a viral game on the encrypted messaging platform Telegram, Notcoin (NOT) printed fresh all-time highs this week after surging by nearly 160%.

NOT is a community token for the popular Telegram-based tap-to-earn mining game Notcoin that began trading on May 16th when Binance rolled out support for the asset via its Launchpool platform, which lets users stake coins to farm new assets.

Notcoin says it already has more than 1.6 million on-chain holders, more than the memecoins Shiba Inu (SHIB), Bonk (BONK) and Pepe (PEPE).

The token is issued on The Open Network (TON) blockchain, which was initially developed by Telegram. 

The messaging platform parted ways with the chain in 2020 following a legal battle with the U.S. Securities and Exchange Commission (SEC).

The Open Network, an open-source community of developers, took over management of the technology that year.

TON, however, can still be sent by Telegram’s 700 million users within the platform without entering long wallet addresses.

The 80th-ranked crypto asset by market cap is trading at $0.0127 at time of writing, up from $0.00489 seven days ago.

Disclaimer: The information provided is not trading advice. holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Crypto is not a legal tender and is subject to market risks. Readers are advised to seek expert advice and read offer document(s) along with related important literature on the subject carefully before making any kind of investment whatsoever. Crypto market predictions are speculative and any investment made shall be at the sole cost and risk of the readers.