Notcoin Successfully Breaks into Major Cryptocurrency Exchanges
Introduction:
Notcoin is a free and easy-to-use Telegram game where users can earn coins by tapping on their phone screens. Since its launch on January 1, 2024, Notcoin has become one of the most popular channels on Telegram in terms of user engagement and volume. With a community of over 30 million participants and over 6 million members in its Telegram group, Notcoin has achieved great success and is backed by Telegram, which has over 1.3 billion users.
Recent Trends:
Notcoin has evolved from a simple and straightforward Telegram game to gaining the favor of mainstream cryptocurrency exchanges and investors. It is set to be listed on 18 exchanges simultaneously on May 16, including Binance, Okx, Bybit, Kucoin, Bitget, Gate io, Bitmart, Bitfinex, Cryptocom, and more. This shift in interest from exchanges and investors indicates a change in their preference for targets in the secondary market. With the market liquidity tightening, individual investors have grown tired of VC coins that are only available to a select few at the beginning. As a result, meme coins with higher circulation and a strong community have gained traction.
Listing Details:
Notcoin will be listed on various exchanges for trading starting from 12:00 UTC (20:00 Beijing Time) on May 16. Some exchanges have already launched mining activities, such as Binance’s Launchpool, which started on May 13, 2024, supporting BNB and FDUSD pools. The token name is Notcoin (NOT), with a maximum token supply of 102,719,221,714 NOT and an initial circulating supply of 102,719,221,714 NOT (100% of the maximum token supply is in circulation). Notcoin has allocated the majority of its tokens to the community, with over 78% available for mining through the Tap to Earn mechanism. Project development accounts for only 5% of the total supply, and there are no shares for investors.
Preparation:
Participants can be divided into three categories: 1) early participants in gold mining and off-exchange voucher purchases, 2) participants in mining on major exchanges, and 3) those who have not yet participated and are waiting for the opening. For category 1 participants, if they hold NFT vouchers listed on getgems, they should import them promptly through the Notcoin Telegram BOT (at a minting fee of 0.06 per voucher) and then withdraw them to an exchange (with a 1.5% fee). If they hold wnot, they should wait for the not conversion to open (expected to be available on the day of listing). Category 2 participants can participate according to the rules of each exchange, with the most token rewards available in Binance’s Launchpool: 3,081,576,651 NOT (3% of the maximum token supply). Category 3 participants should consider valuation and opening conditions for their participation.
Valuation:
On the evening of May 15, the NFT voucher value on getgems was 0.0101, while WNOT on ston.fi was valued at 0.0089 and aevo’s off-exchange price was 0.00795. NOT is a fully circulating token that is more suitable for comparison with meme coins. It has a faster listing pace and is more reasonable to compare with BOME. The market value of projects with average popularity at the time of listing ranges from 5 to 10 billion. Additionally, the market was boosted by the CPI data from May 15, which showed a neutral to bullish trend. It is believed that NOT has the potential to surge above 0.01 during its opening and then trade in the range of 0.006 to 0.01.
