News

Notcoin Network Transaction Spikes As NOT Price Increases More Than 40%

Key Points:

  • Play-to-earn game Notcoin on Telegram surged 41.4% in 24 hours, becoming the 4th most traded cryptocurrency by daily volume.
  • The surge in Notcoin network transactions is attributed to its easy gameplay and the recent introduction of passive earning features.
  • The price increase follows a previous airdrop and comes despite a stagnant crypto market.
Defying a sluggish crypto market, Notcoin (NOT), a play-to-earn game hosted on Telegram, has surged a staggering 41.4% in the last 24 hours, with Notcoin network transactions dominating other cryptocurrencies. again.

Notcoin Network Transaction Sees Explosive Growth

The rally comes after a week of inactivity and has propelled Notcoin to become the fourth-highest traded cryptocurrency by daily transaction volume, reaching $4.8 billion.

While the overall cryptocurrency market is experiencing steady price movement, observers, analysts, and potential investors are focusing on Notcoin’s remarkable performance, which suggests strong buying pressure.

The impressive growth in Notcoin network transactions coincides with its rising popularity. The game allows users to earn NOT tokens by playing simple games and completing tasks. Recently, Notcoin introduced “earnings missions,” enabling passive token accumulation, further fueling user engagement.

From Airdrop to Bitcoin Comparisons

Analysts attribute the surge to Notcoin‘s successful integration with Telegram‘s vast user base. The recent airdrop, while initially underwhelming, has seen a positive turnaround with the token’s price increase. Notcoin’s momentum has drawn comparisons between Notcoin and Bitcoin, with the project’s team recently announcing phase one of an airdrop program.

With its easy-to-play mechanics and social media integration, Notcoin is poised to capitalize on the growing play-to-earn trend. The NOT price surge has grabbed the attention of investors and analysts alike, and Notcoin’s future remains an exciting prospect.

Harold

With a passion for untangling the complexities of the financial world, I've spent over four years in financial journalism, covering everything from traditional equities to the cutting edge of venture capital. "The financial markets are a fascinating puzzle," I often say, "and I love helping people make sense of them." That's what drives me to bring clear and insightful financial journalism to the readers of Coincu.

Recent Posts

Best Coins to Buy in December 2024: Qubetics Offer 630% ROI, Polkadot Delivers on Interoperability and Near Protocol’s Scalability is Talk of the Town

Explore the best coins to buy in December 2024—Qubetics with its thrilling presale, Polkadot’s interoperability,…

5 hours ago

Crypto Market Outlook 2025 Key Factors to Watch

The Crypto Market Outlook 2025 highlights key areas: stablecoin growth, tokenization, crypto ETFs, DeFi innovation,…

8 hours ago

Bitcoin Quantum Computing Threat Expected to Take Decades

The Bitcoin quantum computing threat is years away, but reserves already support post-quantum signatures via…

8 hours ago

Best New Meme Coins to Invest in Today: BTFD Coin Wows Investors with Unmissable Stage-7 Price Reversal as Book of Meme and Snek Crash

Don't miss BTFD Coin's Stage-7 presale dip! Find out why it's leading the pack of…

8 hours ago

Crypto Hedge Funds Banking Issues Persist Over Recent Years

A WSJ survey reveals crypto hedge funds banking issues over three years, with 120 out…

9 hours ago

GraniteShares Crypto ETFs Target U.S. Crypto-Related Stocks

GraniteShares Crypto ETFs aim to offer leveraged exposure to crypto-focused stocks like Riot Platforms and…

9 hours ago

This website uses cookies.