In under two months, Notcoin, a play-to-earn game and token available as a Telegram Mini App, is now having more than 30 million users from Telegram platform to its play-to-earn network. Some analysts have expressed confidence that Notcoin could potentially be a better alternative to Bitcoin.Â
Notcoin Records 400% Surge In Market Cap
NOT is an official and native currency of Notcoin – P2E token and the game integrated into the Telegram application platform and is now a part of TON.
Notcoin is the largest crypto gaming token launch of 2024 to date. The market cap of Notcoin surged to $1.5 billion on the first trading day. Using the data obtained from the Coinmarketcap website, it was observed that the Notcoin market capitalization rose from $526.77 million to $2.4 billion, adding its current rank to the under fifty cryptocurrencies.
Notcoin gives its users a significant role in determining the project’s evolution. This makes it a fully community-supported project, as the whole idea is based and initiated by the people.
Notcoin Reaches 40 Million Users and Sees Significant Earnings Growth
Notcoin has achieved a total of 40 million activated users, based on database figures. This ensures accurate user counts rather than misleading figures like 500 million users calculated through multiplied sessions.
Explorers have earned over $1.5 million USD from 20 campaigns, surpassing what most web3 projects generate for users in less than a month. However, this is still a small fraction of Notcoin’s long-term goals.
Current Developments:
- Levels for New Users: New users now have access to various levels.
- Earnings from Friends: Users can earn a percentage of what their Friends earn.
- Gold and Platinum Access: Gold and Platinum members will gain access to top-tier token launches.
- Automated Explore Campaigns: Projects will soon be able to launch their own campaigns through Explore.
- The goal for Explore is to become the leading platform for discovering web3 projects on Telegram and beyond, rewarding users with Notcoin and burning some along the way.Â
Notcoin Goes Beyond Tap-to-Earn
Notcoin emerged as one of the pioneering tap-to-earn web3 applications, leading the way in a new method for users to earn rewards.
Recognizing the peak of the tap-to-earn phase, Notcoin is shifting focus to community rewards and ecosystem sustainability. This includes features like Notcoin Explore and upcoming games and contests.
Notcoin’s primary objective is to develop enough effective, value-adding features alongside the community over the next 4-5 years to achieve full autonomy and self-improvement.
According to Coincodex’s current Notcoin price prediction, the price of Notcoin is forecasted to increase by 227.97% and reach $0.073555 by July 5, 2024. Based on their technical indicators, the current sentiment is bullish, and the Fear & Greed Index is showing a reading of 75 (Greed).
In summary, while Bitcoin continues to be a major player in the crypto market, Notcoin offers a fresh view, attracting users and developing a forward-thinking approach.
