Why did Notcoin increase 300% in the past week?

Notcoin price has increased more than 323% in the past week, reaching a new record high of $0.02896 on June 2, according to TradingView data.

In less than two months, Notcoin, the tap-to-earn game integrated as a Telegram Mini App, has attracted over 30 million users on Telegram, creating a new wave of mainstream users in the money space electronic.

Notcoin was listed on the Bybit exchange on May 16. At the time of writing, NOT has increased more than 4,400% since its listed price. Following the bull run, Notcoin reached a market capitalization of $2.3 billion, becoming the 51st largest cryptocurrency on CoinMarketCap.

Continuing to demonstrate growing investor interest, Notcoin has become the fifth most traded cryptocurrency on the market, reaching over $4 billion in trading volume on June 3 — surpassed $3.5 billion in USDC trading volume, according to CoinGecko.

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