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Notcoin (NOT) Airdrop Token Hits $1 Billion Valuation on Ton Blockchain
Notcoin, a cryptocurrency distributed through an airdrop and trading on the Ton Blockchain, has achieved a remarkable milestone with a total diluted value of $1 billion according to CoinMarketCap.
With over 35 million users engaging in the game accessible via the Telegram app, Notcoin saw a staggering $294 million in trading volume within the initial hour of listing.
From January to April, early game adopters accrued Notcoin by completing in-game challenges, with balances converted at a 1000:1 ratio, as outlined in an official statement.
Notcoin’s maximum supply is capped at 102 billion tokens, with 3% dedicated to Binance Launchpool participants and an additional 1.5% set aside for users of OKX Jumpstart.
The project has introduced a staking mechanism incentivizing airdrop beneficiaries to retain their tokens, offering additional rewards and access to premium staking pools based on the player’s in-game level.
Sasha Plotvinov, the founder of Open Builders, the developers behind Notcoin, expressed pride in the digital asset’s viral growth, introducing millions to the TON ecosystem and the world of cryptocurrencies.