Notcoin surges 335% in a week - becoming a top 50 cryptocurrency

Play and Earn Tokens Notcoin ($NOT ) has captured the attention of the cryptocurrency world with a stunning 335% surge, pushing it into the fringes of the top 50 cryptocurrencies in just a week.

Notcoin launched on May 16 and initially plunged more than 60%, falling from $0.012 to $0.0050. However, the coin staged a stunning comeback, hitting an all-time high of $0.028. Its market capitalization has now reached approximately $2.3 billion, and 24-hour trading volume has surged to $4.3 billion, a 265% increase from the previous day.

This rally is attributed to several factors: the introduction of staking functionality, token burning, and market maker activity.

“Approximately 18 million $NOT have been burned, permanently reducing selling pressure. While this may not seem like much, investors may expect more burns in the future as cryptocurrency valuations tend to defy conventional logic.

Last week, Notcoin launched “Earning Tasks” that allow users to earn passive rewards through various tasks, which further enhances the functionality and value of the token. This feature significantly increases community engagement.

Although Notcoin is new to the market, its strong community support, innovative reward system, and endorsements from key figures indicate that it has the potential for continued growth.