Telegram CEO Pavel Durov Promises to HODL US$6.8 Million Notcoin (NOT) to 100x Profit
On May 17, Pavel Durov, founder of the instant messaging platform Telegram, thanked the Notcoin project for the large donation.
This game-based project gave Durov and his team more than 1 billion Notcoin (NOT) tokens worth around US$6.8 million.
The tokens were sourced from 552,586 members of the Notcoin community. Of this number, 203,303 people gained their tokens through games. This active participation shows strong support from the Notcoin community.
Prior to this donation, Durov had already published his support for Notcoin. In the statement, he described how Notcoin quickly transformed from in-game currency to real money for its users.
In a separate announcement, Notcoin acknowledged the important role played by Durov and the Telegram team in creating a platform that sets high standards for developers. It cannot be denied that this recognition reflects the integral relationship between Telegram and the growing blockchain ecosystem.
Recently, Notcoin distributed more than 80 billion NOT tokens to game participants and held a token generation event (TGE). A number of top crypto exchanges have also officially listed this token.
At the time of publication, NOT was sitting at US$0.0068, or had fallen 8.2% from its all-time high (ATH) of US$0.0074. According to CoinGecko data, Notcoin currently has a fully diluted valuation (FDV) of US$705.19 million and a trading volume of US$434.19 million over the last 24 hours.
