Notcoin Surges Over 15% as TON Reaches ATHs
Notcoin (NOT) experienced a significant surge on Friday, climbing over 15% and breaking above $0.20. However, at the time of writing, NOT has declined by 4.49% over the past 24 hours, and is currently trading at $0.20. The token is still up 4.73% in the past week, despite a wider market downturn.
Notcoin is a token on the TON blockchain and was airdropped to users of the popular Telegram-based "tap to earn" game. The game quickly gained immense popularity, even drawing praise from Telegram CEO Pavel Durov for its high level of user engagement.
This upward movement for Notcoin coincides with a broader rally in the TON blockchain ecosystem. TON itself broke through its previous all-time high and briefly surpassed $8.00 for the first time since the coin's launch. This reflects a growing interest and activity within the TON blockchain, driven in part by the increasing popularity of various Telegram-based "x to earn" games such as Hamster Kombat and Yescoin.
These games have reportedly attracted tens of millions of participants worldwide, although there are questions about the extent to which bots have inflated these numbers. Nonetheless, the simplicity of signing up, getting a wallet, and participating in these games has undoubtedly boosted TON blockchain activity and statistics.
Currently, the number of daily active wallets on the TON blockchain stands at over 547,000, according to data from Tonstat, and this figure is on a clear upward trajectory. This growth highlights the increasing adoption and usage of the TON blockchain, driven by the popularity of its associated games and the ease of user participation.