In less than two months, the play-to-earn game and token known as Notcoin, available as a Telegram Mini App, has amassed over 30 million users on the Telegram platform, expanding its play-to-earn network. Some analysts believe that Notcoin has the potential to outshine Bitcoin.
Notcoin has experienced a remarkable 400% surge in its market cap. NOT serves as the official currency of Notcoin – a P2E token and game integrated into the Telegram application platform, now part of TON. Notcoin is the largest crypto gaming token launch of 2024 so far, with its market cap soaring to $1.5 billion on its first trading day. According to Coinmarketcap data, Notcoin’s market capitalization jumped from $526.77 million to $2.4 billion, ranking it among the top fifty cryptocurrencies.
Notcoin empowers its users to shape the project’s direction, making it a community-driven initiative from its inception. With a total of 40 million activated users, Notcoin has seen substantial growth in earnings. Users have earned over $1.5 million USD from 20 campaigns, surpassing the typical rewards generated by most web3 projects in a month. Notcoin’s ambitions extend far beyond these initial achievements.
Recent developments include new user levels, the ability for users to earn a percentage of their friends’ earnings, and exclusive benefits for Gold and Platinum members. Additionally, automated Explore campaigns will soon enable projects to launch their own campaigns through Explore, aiming to establish Explore as the premier platform for discovering web3 projects on Telegram and beyond.
Notcoin has evolved beyond tap-to-earn functionality to focus on community rewards and ecosystem sustainability. The introduction of features like Notcoin Explore, upcoming games, and contests demonstrates this shift in focus. Notcoin’s ultimate goal is to develop innovative features in collaboration with the community over the next 4-5 years to achieve full autonomy and continuous improvement.
Coincodex’s Notcoin price prediction suggests a 227.97% price increase, with Notcoin expected to reach $0.073555 by July 5, 2024. Technical indicators point to a bullish sentiment, with the Fear & Greed Index showing a reading of 75 (Greed).
While Bitcoin remains a dominant force in the cryptocurrency market, Notcoin presents a fresh perspective, attracting users with its forward-thinking approach.