Notcoin, a cryptocurrency that originated as a play-to-earn game on Telegram, is showing signs of recovery after a period of significant volatility. Initially launched as a simple mining game where users clicked on an animated coin to earn tokens, Notcoin quickly gained popularity, attracting millions of users soon after its official release in January 2024 [oai_citation:1,Notcoin Price: NOT Live Price Chart, Market Cap & News Today | CoinGecko](https://www.coingecko.com/en/coins/notcoin) [oai_citation:2,Notcoin Price | NOT Price Index, Live Chart and USD Converter - Binance](https://www.binance.com/en/price/notcoin).
Recently, Notcoin has experienced a notable price increase. Over the past week, its price has risen by about 23.2%, recovering from an all-time low of $0.004605 on May 24, 2024 [oai_citation:3,Notcoin price today, NOT to USD live price, marketcap and chart | CoinMarketCap](https://coinmarketcap.com/currencies/notcoin/). This upward trend is supported by increased trading volumes and growing interest from the crypto community, despite initial skepticism about its long-term viability and purpose [oai_citation:4,AlgoTech Algorithmic Trading Platform Gains Traction Amid Notcoin Price Recovery - David Maiolo](https://www.davidmaiolo.com/2024/05/18/algotech-algorithmic-trading-platform-notcoin-price-recovery/).
The project's community-driven nature, backed by endorsements from reputable entities like the TON Foundation, adds a layer of credibility. However, as with many new cryptocurrencies, Notcoin's future success will depend on its ability to maintain user engagement and transition from a game to a recognized digital asset on the blockchain [oai_citation:5,Notcoin Price | NOT Price Index, Live Chart and USD Converter - Binance](https://www.binance.com/en/price/notcoin) [oai_citation:6,Notcoin price today, NOT to USD live price, marketcap and chart | CoinMarketCap](https://coinmarketcap.com/currencies/notcoin/).