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Telegram-linked cryptocurrency Notcoin (CRYPTO: NOT) dwarfed the broader market, including the high-performing memecoins, in a searing rally on Monday. What Happened: The coin, heavily endorsed by top executives from Telegram, skyrocketed 50% in the last 24 hours, according to data from CoinMarkerCap.
NOT's recent surge causes a flurry of short liquidations, but the spot CVD is relatively quiet.
Multiple top cryptocurrencies saw a second round of price upswings last week. Let's take a look at PEPE, NOT and ONDO.
The altcoin sector is becoming more dominant while the price of Bitcoin remains steady near $70,000. Additionally, the recent sanctioning of a spot Ethereum ETF is enhancing the purchasing demand for altcoins, potentially leading to an increase in trading volume soon.
Notcoin's price decline has impacted market demand for Toncoin. However, despite this, the latter remains bullish.
Social media platform Telegram is becoming a home for digital currency undertakings, with viral games such as Notcoin (NOT) gaining immense popularity. As crypto projects with unique approaches attract an enormous following on Telegram, trading bot Bitbot (BITBOT) flourishes, with its presale nearing the $3,924,000 target.
Memecoins have emerged as the most unique yet volatile aspect of the trillion-dollar market. Often characterized by pop culture references, fun origins, and relationships with animals, these coins have captured the attention of users globally.
In less than two months, Notcoin has captivated over 30 million users on Telegram. This lays the foundation for establishing cryptocurrency wallets on The Open Network (TON).
ETH price action grabbed headlines with a 20% surge on May 20, new low cap altcoins like Bitget's (BWB), Notcoin (NOT), Gamestop (GME) have shown potential to deliver bigger gains.
Hamster Kombat particularly became viral for its SocialFi overlay, which rewards players for sharing the game with friends and joining connected channels.
Blockchain games built on TON are onboarding millions to Web3 on Telegram, with idle games like Notcoin leading the charge.
This week, the crypto community has been buzzing about a new token called notcoin (NOT), recently launched on The Open Network (TON). This token is tied to a game on Telegram where users earn NOT by completing tasks and clicking a button, featuring a distinctive click-to-mine system.
Crypto clicker apps on Telegram are taking off, using simple mechanics to get millions of users.
Launched as a viral Telegram game, Notcoin quickly onboarded users into the Web3 space through its innovative tap-to-earn mechanic.
The integration of NOT with Tonkeeper Battery, a new service designed to eliminate costly gas fees, has enhanced the accessibility for users of the wallet.
Per the Notcoin compensation plan for the losses that users may have incurred during the Notcoin listing, the TON ecosystem has decided to credit an additional 10% of the deposited coins to those who chose Wallet to receive Notcoin.
Notcoin (NOT), a cryptocurrency heavily endorsed by social media giant Telegram, has experienced a dramatic drop in its value. This happened within the first week of its listing.
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With a Notcoin token launch set and Binance and OKX rewards revealed, Toncoin (TON) is flying high.
Originally scheduled for April 20 to align with the Bitcoin halving, the launch on The Open Network (TON) will now happen later than planned. Notcoin has captivated a substantial audience with its simple yet addictive gameplay.
