The cryptocurrency market continues to evolve with new digital assets emerging regularly. Notcoin (NOT) has captured significant attention due to its large user base and innovative mechanics. This article provides a detailed overview of Notcoin’s background, exchange listing details, and essential preparation steps for interested participants.
What Is Notcoin?
Notcoin is a free, easy-to-use game on Telegram where users earn in-game coins by tapping their phone screens. This “Tap-to-Earn” model has attracted a massive audience into the Web3 space. Since its launch on January 1, 2024, Notcoin has become one of the most popular channels on Telegram, amassing over 30 million users. The community is highly active, with more than 6 million members in its Telegram group and a daily active user count exceeding 5 million.
Exchange Listing and Price Performance
Notcoin was officially listed for trading on May 16, 2024, on major exchanges including Binance, OKX, Bybit, Kucoin, Bitget, Gate.io, Bitmart, Bitfinex, and Crypto.com, among others. This broad acceptance reflects strong recognition from both exchanges and capital markets. After listing, the token’s price initially climbed to $0.012 before settling around $0.0073.
A detailed research report published by LD Capital in March expressed optimism about Notcoin’s future performance. Leveraging its substantial user base, support from the TON Foundation, and a fair distribution model for meme coins, Notcoin has successfully expanded its reach across the crypto ecosystem.
Recent Market Trends
Notcoin’s rapid transition from a simple Telegram game to a mainstream exchange-listed asset highlights a growing market preference for meme coins with high circulation and strong community backing. As liquidity tightens, investors are showing increased interest in community-driven tokens like Notcoin, moving away from venture-backed coins that often underperform at launch.
Tokenomics and Distribution
The token is named NOT, with a maximum supply of 102,719,221,714 NOT. The initial circulating supply is the same as the total supply, meaning the token is fully circulated from the start. The distribution model is heavily community-focused: 78% of tokens are allocated to users through the “Tap-to-Earn” mining mechanism, while only 5% is reserved for project development. There are no allocations for investors.
Pre-Launch Preparation
Participants can be categorized into three groups:
- Early users who engaged in mining or purchased vouchers on secondary markets.
- Users participating in mining activities on various exchanges.
- Potential investors waiting for the official listing.
For the first group, those holding NFT vouchers on getgems should import them via the Notcoin Telegram bot (with a minting fee of 0.06 per voucher) and then withdraw to an exchange (with a 1.5% transaction fee). Holders of wnot should wait for the not conversion feature, expected to be available on the day of listing.
The second group can participate in mining campaigns based on exchange-specific rules. Binance Launchpool offers the largest reward pool, with 3,081,576,651 NOT (3% of the total supply) allocated.
The third group should evaluate market valuation and opening conditions before participating. The listing of NOT has stimulated activity across the meme coin market, drawing investor interest toward other newly launched ICO tokens.
Frequently Asked Questions
What is Notcoin?
Notcoin is a tap-to-earn game on Telegram that allows users to earn tokens by interacting with the app. It aims to introduce a broad audience to blockchain technology through a simple, engaging mechanism.
How can I buy Notcoin?
Notcoin is available on major cryptocurrency exchanges such as Binance, OKX, and others. You can create an account on one of these platforms, deposit funds, and trade for NOT.
What is the total supply of Notcoin?
The total and initial circulating supply of NOT is 102,719,221,714 tokens. The distribution is heavily weighted toward community rewards, with no investor allocations.
Is Notcoin a good investment?
Like all cryptocurrencies, Notcoin carries investment risks. Its value is influenced by market sentiment, community engagement, and broader crypto trends. Always perform due diligence and consider your risk tolerance.
What are the future plans for Notcoin?
The project aims to continue growing its user base and enhancing engagement within the TON ecosystem. Future developments may include new features, partnerships, and community initiatives.
How does Notcoin compare to other meme coins?
Notcoin stands out due to its fair launch model, lack of venture capital involvement, and strong community focus. Its success depends on maintaining user engagement and expanding utility.
For those interested in exploring current market opportunities and trading options, you can check real-time exchange listings.
Conclusion
Notcoin represents an interesting blend of gaming, community engagement, and cryptocurrency. Its successful listing on multiple exchanges underscores its popularity and potential. However, as with any emerging asset, participants should stay informed, understand the risks, and engage responsibly.
The rise of Notcoin has also shined a light on other promising meme tokens and ICOs, illustrating the dynamic and rapidly changing nature of the crypto market. Whether you're an early miner, an exchange participant, or a new investor, understanding the mechanics and context of such tokens is crucial for making informed decisions.
To stay updated on new listings and market trends, explore more crypto strategies.