Notcoin has become the largest gaming token launch of the year, surpassing its competitors in market capitalization.
Notcoin has recently launched its NOT token on The Open Network (TON). The debut of the token resulted in the largest gaming token launch of 2024, with a trading volume exceeding one billion dollars. According to data from CoinMarketCap, the NOT token is currently trading at approximately $0.007, with a market capitalization of around $735 million. Its trading volume has reached $1.27 billion, making it the 10th most traded token in the past 24 hours.
NOT has a total supply of 102.7 billion tokens that were minted from the outset. Over 35 million players in the game were eligible to claim NOT tokens as a result of their gameplay. Earlier this week, Notcoin initiated staking rewards campaigns through the exchanges Binance and OKX. Following its launch, the token’s price reached a high of $0.012 before experiencing a decline as an increasing number of players claimed and sold their tokens on the market.
Unveiling the Notcoin Gaming
Notcoin offers a simple yet engaging way to earn tokens by tapping on a virtual coin. Despite its simplicity, the game’s rapid adoption, with millions of players joining shortly after its launch, indicates its potential impact on the GameFi market. This game centers on the concept that anybody can mine Notcoin by repeatedly clicking within the Telegram app, incorporating a social element that greatly contributes to its popularity.
The NOT token has become the largest gaming token launch of the year, surpassing its competitors in market capitalization. According to CoinGecko, the second and third largest gaming token launches, Pixels (PIXEL) and Saga (SAGA), reached peak market capitalizations of $731 million and $684 million, respectively.
NOT is listed on several major cryptocurrency exchanges, including Binance, Bybit, OKX, and KuCoin. Additionally, the NOT token’s claim process has been made accessible to all players of the popular Telegram-based game, Notcoin. Players can now determine what to do with their earned NOT tokens, which were distributed at a 1,000-to-1 ratio based on the in-game coins they mined earlier this year.
