š Notcoin (NOT), a gaming token with a whopping 35 million users, has hit the market with a bang! The token, available on the Telegram app, started trading at a fully diluted value of $1 billion. Within the first hour, it saw a trading volume of $294 million, according to CoinMarketCap.
Early adopters who played the game from January to April have seen their in-game balances converted on a 1000:1 ratio. Notcoin's maximum supply is a staggering 102 billion, with portions allocated to Binance Launchpool and OKX Jumpstart users.
The project has introduced a staking mechanism to incentivize airdrop farmers to hold their tokens. Staking will unlock extra rewards and access to more lucrative staking pools.
What are your thoughts on Notcoin's explosive debut? Share your insights in the comments below! š¬