Connect with us

Business

Notcoin (NOT) Airdrop Token Hits $1 Billion Valuation on Ton Blockchain

Published

on

Times News Global Featured Image

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.

Rachel Adams

Times News Global is a dynamic online news portal dedicated to providing comprehensive and up-to-date news coverage across various domains including politics, business, entertainment, sports, security, features, opinions, environment, education, technology and global. affairs. Our commitment lies in sharing news that is based on factual accuracy, credibility, verifiability, authority and depth of research. We pride ourselves on being a distinctive media organization, guided by the principles enshrined in Article 19 of the Universal Declaration of Human Rights. Made up of a team of ordinary people driven by an unwavering dedication to uncovering the truth, we publish news without bias or intimidation.

Entradas recientes