2024-05-10
The trading launch of Notcoin is highly anticipated by the community, although its price at and after listing remains unknown.
Notcoin (NOT) is gaining popularity on X as major cryptocurrency exchanges prepare to list the token.
ByBit, a crypto exchange, has officially announced the listing of Notcoin on its platform. Deposits for NOT were launched on May 9, and trading and withdrawals are scheduled for May 16 and May 17, respectively.
ByBit also mentioned that deposits and withdrawals will be available through The Open Network (TON), and trading will be facilitated through its automated trading tool.
Binance, another crypto exchange, will also start spot trading of Notcoin on May 16 after adding it to its launch pool on May 9.
Additionally, Wallet, a third-party custodial crypto wallet on Telegram, plans to add NOT to its app on May 16. OKX, another crypto exchange, will feature Notcoin at its Jumpstart Mining event on May 13, allowing TON holders to stake their TON and earn rewards in NOT.
The excitement surrounding NOT is evident on social media, with the "#Notcoin" hashtag accumulating over 35,000 posts on X.
Notcoin, launched in January 2024, is a free play-to-earn game on Telegram where users can earn rewards in the Notcoin token by tapping the coin icons.
The NOT cryptocurrency is based on the TON blockchain and was founded by Sasha Plotvinov, the founder of Open Builders.
Despite not yet being listed on exchanges like Binance, the Notcoin game went viral on Telegram, attracting millions of users.
According to Plotvinov, Notcoin has successfully attracted Telegram users to crypto, considering the app's large user base.
At the time of writing, the official Notcoin Community channel has over six million subscribers on Telegram and 1.6 million followers on X.
The game has brought in 648,015 notcoiners, according to data from the Notcoin bot on Telegram.
The Notcoin team mentioned in a blog post that no one knows the price of NOT after listing, emphasizing that the mining phase has already been completed.
This news comes amidst the growing trend of the TON ecosystem. Pantera Capital, a major crypto investor, recently disclosed its strategic investment in TON as its "largest investment ever."
As a result, the Toncoin cryptocurrency has experienced a significant spike in value, trading at $6.88, up approximately 27% over the past seven days.