News
Notcoin Price Rises 16% as Binance Finally Lists “Tokens” for Trading
The native token for Notcoin, the popular Telegram-based clicker game, saw a 16% price increase as Binance finally lists it for trading on its exchange.
Binance is the largest cryptocurrency exchange in the world, and the exchange’s listing of cryptocurrencies is often seen as a huge boost to the credibility of cryptocurrencies.
It is NOT currently trade at 0.018 according to CoinMarketCap and the token is listed as one of the top gainers for today.
The market capitalization of NOT tokens also rose to $1.84 billion.
In terms of trading volume, NOT recorded a 65% increase to $1.26 billion. This is positive news for the token, although it is still trading 37% below its all-time high of $0.0289, reached in June.
The news continues after this announcement
The news continues after this announcement
The Binance Effect
The 16% price increase for NOT was mainly caused by Binance’s successful listing of it for trading. Binance has announced the expansion of its trading options for the NOT token with a new NOT to Brazil Real (NOT/BRL) trading pair.
This trading pair creates an opportunity for Brazilian traders to start trading NOT tokens.
Binance’s listing is also a huge boost to the legitimacy of the Notcoin project, being one of the first Telegram-based Web 3 clicker games to launch.
The NOT token
The NOT token is the native cryptocurrency of the Notcoin project and is a community-focused cryptocurrency that encourages user participation in different project activities.
NOT tokens are earned when Notcoin participants engage in New Web 3 products and services within the Notcoin ecosystem.
Tokens are also earned when players interact with the Notcoin clicker game hosted on Telegram.
The NOT token earned by users of the platform is highly dependent on their level within the Notcoin ecosystem. The higher the level, the more Notcoin tokens will be earned.
The Platinum level is the highest obtainable within the Notcoin ecosystem and offers the greatest number of NOT tokens as rewards.
In May Notcoin was listed in the top 100 cryptocurrencies after hosting its token generation event which saw the token listed on various major cryptocurrency exchanges.
Notcoin is quite popular among Nigerians as it was the first telegram-based project to conduct a successful air launch which benefited many Nigerians.
What to know
- The real price of Notcoin is $0.018065 per (NOT/USD) with a current market cap of $1.86 billion. The 24-hour trading volume is $1.26 billion.
- The Notcoin team gifted Telegram founder Pavel Durov with over 1 billion NOT tokens worth $6.8 million. This is an ode of appreciation to the man behind the massive adoption of Notcoin globally via Telegram.