Crypto Gaming Token Notcoin (NOT) Surges 30%
If you’re a cryptocurrency enthusiast, you’ll be pleased to see the market bouncing back today. The recent downturn led to significant losses for major assets, with some assets plunging by as much as 20%. However, amidst the recovery, it’s not the usual suspects like Bitcoin or Ethereum driving the market—it’s a lesser-known crypto gaming token called Notcoin.
The Rise of Notcoin
- Notcoin, also known as NOT, is the token associated with a Telegram-based game that launched on The Open Network (TON) in May.
- With a current price just above $0.012, Notcoin has surged by 30% in the last 24 hours, making it the top performer among the top 100 coins by market capitalization.
- Despite this recent spike, Notcoin’s price is still down by 0.4% over the past week due to substantial losses prior to the last 24 hours.
Notcoin’s Recent Surge
- The surge in Notcoin’s value coincides with the launch of a new game on the Telegram mini app called Lost Dogs: The Way.
- Players of Notcoin can participate in this narrative game by choosing from three different outcomes for a story event, earning in-game currency based on their choices.
- Additionally, players can unlock bonuses by inviting friends to play and completing various tasks within the game.
Unique Position in the Market
- Notcoin stands out as the only gaming token in the top 100 cryptocurrencies to experience a double-digit percentage increase in value over the past day.
- While other gaming tokens like Gala Games (GALA) and Immutable (IMX) have seen modest gains, Notcoin’s surge is particularly noteworthy.
- Compared to major assets like Bitcoin and Ethereum, which have seen increases of just over 3% and 2% respectively, Notcoin’s jump of 30% is substantial.
Hot Take: Game On for Notcoin!
As a crypto enthusiast, you can’t ignore the recent surge of Notcoin in the market. With its unique positioning as a gaming token and the launch of the engaging Lost Dogs: The Way game, Notcoin has captured the attention of traders and gamers alike. While the crypto market remains volatile, Notcoin’s performance serves as a reminder of the potential for growth and innovation within the gaming token sector.
Sources:
– CoinGecko