Key Points:
Play-to-earn game Notcoin on Telegram surged 41.4% in 24 hours, becoming the 4th most traded cryptocurrency by daily volume.
The surge in Notcoin network transactions is attributed to its easy gameplay and the recent introduction of passive earning features.
The price increase follows a previous airdrop and comes despite a stagnant crypto market.
Defying a sluggish crypto market, Notcoin (NOT), a play-to-earn game hosted on Telegram, has surged a staggering 41.4% in the last 24 hours, with Notcoin network transactions dominating other cryptocurrencies. again.
Notcoin Network Transaction Sees Explosive Growth
The rally comes after a week of inactivity and has propelled Notcoin to become the fourth-highest traded cryptocurrency by daily transaction volume, reaching $4.8 billion.
While the overall cryptocurrency market is experiencing steady price movement, observers, analysts, and potential investors are focusing on Notcoin's remarkable performance, which suggests strong buying pressure.
The impressive growth in Notcoin network transactions coincides with its rising popularity. The game allows users to earn NOT tokens by playing simple games and completing tasks. Recently, Notcoin introduced "earnings missions," enabling passive token accumulation, further fueling user engagement.
From Airdrop to Bitcoin Comparisons
Analysts attribute the surge to Notcoin's successful integration with Telegram's vast user base. The recent airdrop, while initially underwhelming, has seen a positive turnaround with the token's price increase. Notcoin's momentum has drawn comparisons between Notcoin and Bitcoin, with the project's team recently announcing phase one of an airdrop program.
With its easy-to-play mechanics and social media integration, Notcoin is poised to capitalize on the growing play-to-earn trend. The NOT price surge has grabbed the attention of investors and analysts alike, and Notcoin's future remains an exciting prospect.
DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.