#NOT🔥🔥🔥 In addition to trading the new token, crypto exchanges offer other services that allow you to get additional profit.
In early June, the average market rate of the Notcoin cryptocurrency set a maximum at $0.028, according to Coinmarketcap. This is almost three times higher than the values at which the token was trading a few minutes after listing on crypto exchanges on May 16. Trading takes place on the largest platforms, including Binance, OKX and Bybit.$NOT
The altcoin entered the top 100 cryptocurrencies by capitalization, and its daily trading volume reached $1.5 billion. This is higher than the amount of transactions in 24 hours with such popular coins as Pepe, Dogecoin, Binance Coin, XRP and others. In terms of trading volume, Notcoin is confidently among the top largest cryptocurrencies.
$NOT At the same time, less than two months passed from the listing of the token on crypto exchanges, and the application itself was launched in early January 2024. Now the number of its users exceeds 35 million, and even the creator of Telegram, Pavel Durov, mentioned the success of the project.
Project history
In November 2023, The Gateway conference, organized by the TON Foundation, took place in Dubai. The event was attended by developers of applications for Telegram, among whom was the international Open Builders team. She presented Notcoin for the first time, which attracted 0.5 million users in the next 2 months, and its official launch took place in January.
#Notcoin👀🔥 The company says it did not spend a single dollar on advertising the project. It develops solely through the involvement and interaction with messenger users. However, you need to understand that the number of users of the project has not been verified. One person can have several Telegram accounts, each account is a separate user in #Notcoin.
The developers compensate part of their costs through certain mechanics: users can join “squads” - squad. The game provides the possibility of paid promotion of your squad on a specific page. Thanks to these payments, the project was able to pay for server infrastructure for several months in advance.
How users earned in-game coins.
#NOT🔥🔥🔥 The easiest way to receive tokens is to click on the screen in the application. For this, the user was awarded coins. It was also possible to enable a bot that automatically clicks on the screen. It was also possible to use special “boosts” - to increase the number of coins that the user receives for each click.
Another way to get coins is to invite new users to the game. Players with a Telegram Premium subscription received many times more coins than others. While pumping, the invited user will also bring coins to the one through whose referral link he came. For completing simple tasks you can get hundreds of thousands of coins. For example, this may be due to subscribing to an account in X or a telegram channel, as well as linking your crypto wallet within the Telegram ecosystem to the application.
After the launch of the Notcoin blockchain, developers began to gradually reduce the emission of the token by “burning” tokens - sending them to a non-existent address.
Tools for making money on Notcoin on crypto exchanges
Before the listing, the largest crypto exchanges launched Notcoin staking. In particular, on May 13, users of the OKX Jumpstart platform were able to deposit The Open Network (TON) tokens to earn NOT. The promotion lasted until the start of altcoin trading on May 16.
#NOT🚀 After listing, OKX users were able to stake Notcoin directly thanks to the “Simple Earn” feature. The yield of such an instrument is from 1% per annum. There are many other cryptocurrencies available on the site. The highest yield in the BLOCK instrument is 64% per annum. At the same time, it is important to understand the risk of a possible depreciation of the underlying asset, which can neutralize the profitability of staking and even lead to losses.
Therefore, staking stablecoins may be a safer option. In the case of USDC on OKX “Simple Earn”, a yield of 38% per annum is provided, if we talk about -#usdt then 10%.
A more classic option for working with Notcoin is trading on the stock exchange. On OKX, the cryptocurrency is paired with the USDT stablecoin. The function allows you to make a profit due to the high volatility of the asset. Only since the end of the previous working week, the altcoin has doubled in price, and before that, over a similar period of time, it depreciated by half. At the same time, such price fluctuations also carry increased risks of losing funds.
