Notcoin (NOT) has seen a significant surge, climbing by over 58% in the past 24 hours to reach $0.009165. This latest rise has boosted Notcoinβs market cap to over $941 million, reflecting a 55.72% increase and placing it at number 94 in the cryptocurrency market cap ranking.
The price spike follows a favorable community vote where Notcoin was overwhelmingly preferred over Bitcoin, capturing 86.2% of the 29,711 votes cast in a recent social media poll. The projectβs team highlighted that NOT has a limited supply and wide distribution while still being relatively inexpensive compared to BTC.
They pointed out that the last time Bitcoin had a market cap of approximately $0.5 billion in 2013, its price was around $100.
On May 26, Notcoin announced the launch of the NOT Airdrop Phase 1. To participate in the airdrop, users must connect their wallets to see their allocation.
Meanwhile, Notcoin has introduced a new mission type allowing players to passively earn crypto token rewards. These βearning missionsβ differ from previous tasks, as players can now earn NOT tokens passively rather than receiving a one-time reward.
According to Notcoinβs tutorial, these missions guide players through various communities belonging to βpartner projects,β rewarding them with tokens for learning about other crypto games and apps.
The NOT earnings are based on the playerβs in-game level, with higher levels offering larger pools of potential rewards. Users can increase their level by staking Notcoin, and the amount staked at the end of each month determines their ranking. The highest level, Platinum, provides the most NOT tokens as rewards.
Notcoinβs journey began in early 2024 with a social clicker game where players tapped a virtual golden coin to earn in-game Notcoin currency. The NOT token is central to the Notcoin ecosystem, designed to be a community-driven coin that empowers users to engage with the project in various ways. Users can explore and discover new web3 products and services while earning NOT tokens. Additionally, they can engage with new games on the Notcoin platform and receive rewards in NOT.
Recently, Notcoin donated over 1 billion NOT tokens (worth $6.8 million) to Telegram and its founder, Pavel Durov.
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