Notcoin Achieves Market Capitalization of $1 Billion After Launching ‘Profit Mission’

Notcoin’s NOT token soared 50% following the launch of “Earning Missions” last week, which allow players of Telegram-based games to passively earn cryptocurrency rewards.

NOT is currently trading at $0.00971, up 52% ​​over the past day and 76.3% over the past week, giving it a market capitalization of nearly $1 billion. According to CoinGecko, it is not among the top 100 assets by market capitalization. And the token’s 24-hour trading volume soared to $1.4 billion, up 327% from the previous day.

What is Notcoin?

Notcoin, a Telegram-based “social clicker” game, allows users to earn in-game tokens by clicking on gold coins displayed on the screen, and can earn additional rewards by completing quests and taking advantage of “boosts.”

In mid-May, Notcoin completed a NOT token airdrop on The Open Network, allowing players to request an allocation of NOT based on the in-game coins they had mined.

The airdrop, the largest gaming token launch of the year so far, saw approximately 35 million players eligible to claim NOT tokens for in-game activities.

Last week, Notcoin launched “Earning Missions” where users can earn passive rewards in NOT tokens by completing quests.

These quests typically require players to join a “Partner Project” community and are assigned based on the player’s in-game level. This is determined by NOT staking itself.

Open Builders founder Sasha Plotvinov said: decryptionGG says the company has big ambitions for the game, with the goal of making it the “Netflix of social, viral games” by evolving into a launchpad for other developers to create their own cryptocurrency social games. I am doing it.

Edited by Stacey Elliott.