The Notcoin team has burned NOT tokens.

NOT worth $3 million was withdrawn from circulation.

The asset has not responded to this news.

The Notcoin project team announced the burning of Notcoin (NOT) tokens worth $3 million. The message notes that the project's tokenomics are community-oriented, so another $4.2 million will be allocated for some Notcoin Explore users.

The team also published details on the NOT proposal. According to them, 94.18% of the tokens are distributed among 11.5 million users, including traders, miners, hodlers, and others.

Another 5.82% was left for the next stage of the project's development.

The NOT token has not responded to this news. At the time of writing, it is trading near $0.00143:

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