👉👉👉 #Notcoin👀🔥 Loses 11% After the $NOT Airdrop Claim Ends
Notcoin Drops 11% Post-Airdrop, Holds Steady Amid Market Volatility
Notcoin (NOT) has experienced an 11% decline since its airdrop claim period concluded on Sunday evening. The price of NOT is currently $0.01812, marking its lowest point since early Friday morning according to CoinGecko data. Despite this sharp one-day drop, the token is only 4.6% lower than it was at the same time last week & remains 166% higher than its launch price a month ago.
The Notcoin team reports 11.5 million NOT token holders, including 2.5 million on-chain holders. Most airdropped tokens have been distributed, and unclaimed tokens will be allocated to future development, with a portion to be burned to potentially increase scarcity.
Despite the recent decline, NOT maintains its position as the 57th largest #cryptocurrency on CoinGecko, boasting a market capitalization of $1.8 billion. This valuation places it above notable projects like the DeFi lending protocol Aave (AAVE), Solana-based decentralized exchange Jupiter (JUP), and Ethereum Layer-2 solution zkSync (ZK).
Notcoin's popularity has surged due to the success of crypto-fueled games on Telegram. Recent activity was driven by an airdrop claim, allowing players to send tokens to an exchange, withdraw to a self-custody wallet, or stake them within the Notcoin ecosystem for additional rewards.
In a Twitter update, the Notcoin team announced that details on how gold and platinum level #stakers can earn extra rewards will be shared later this week.
Since its launch, Notcoin has attracted 35 million players. Following this trend, other Telegram-based games are launching similar initiatives, such as Hamster Kombat. This mobile clicker game casts players as crypto exchange CEOs & plans to launch a TON token next month.
Overall, Notcoin continues to show resilience and growth despite the recent price drop, highlighting its strong community and ongoing developments within the ecosystem.
Source - decrypt.co
