Launched on Binance Launchpool in May 2024, the Notcoin (NOT) project attracted attention with its new tap-to-earn mining model and integration with Telegram Wallet. This made it possible to increase interest in the token and expand its user base. Notcoin shows potential with governance mechanisms that give token holders a voice in key decisions. This approach allows you to develop the project in accordance with the interests of the community, increasing the demand for the token and creating its real utilitarianism.
Projections for 2025 depend on a number of factors, including a market cap that could grow to $800 million or even $1.6 billion, potentially pushing the price of NOT to $0.016 or higher, especially if Notcoin follows the path of successful tokens like PEPE or MEME. Interestingly, Notcoin has a more even distribution of tokens among users, which reduces the risk of concentration of coins in large holders, as was the case with Bitcoin in the beginning.
From a legal perspective, Notcoin may face some challenges, especially in countries with strict regulations like the US and the EU. Regulators will likely require Notcoin to comply with KYC procedures, which could force the project to adjust its mining model and integration with Telegram. Similar difficulties have already been encountered by other tokens that offer a similar mechanism of Web3-wallets or transactions in popular messengers.
Notcoin's future plans include growing its ecosystem by increasing Telegram users and introducing staking features in the app. This can help strengthen its position in the market and ensure the long-term maintainability of the token, but over time the tap-to-earn mechanism will be complicated, reducing the rewards for miners.
In general, Notcoin's prospects look promising, but their success depends on the project's ability to adapt to changes in regulatory norms and continue to attract new users thanks to the simplicity of game mechanics and the possibility of earning in the messenger
