Notcoin’s (NOT) meteoric rise has captured the attention of the cryptocurrency world as its price soared by over 320% in just one week, smashing through previous records to achieve an all-time high of $0.02896 on June 2.
In a remarkable turn of events, Notcoin, a play-to-earn game and token integrated within the Telegram Mini App ecosystem, has rapidly gained traction, drawing in more than 30 million users within a span of less than two months. The integration of Notcoin into the popular messaging platform has introduced a fresh wave of mainstream enthusiasts to the world of cryptocurrencies.
The listing of Notcoin on the Bybit exchange on May 16 acted as a catalyst for its exponential growth, with the token surging over 200% in the subsequent two and a half weeks.
Following this unprecedented rally, Notcoin’s market capitalization soared to an impressive $2.3 billion, propelling it to the ranks of the 51st largest cryptocurrency tracked by CoinMarketCap.
The surge in Notcoin’s price can be largely attributed to the growing social hype surrounding the token. Within just two weeks of its launch, Notcoin became the second-most mentioned cryptocurrency in a 12-hour timeframe.