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Notcoin rises over 58% as community backs project in X poll

Notcoin (NOT) has experienced a significant surge, climbing by over 58% in the past 24 hours to reach $0.009165.

The latest rise has boosted Notcoin’s market cap to over $941 million, reflecting a 55.72% rise and placing it at number 94 in the cryptocurrency market cap ranking per data from CoinMarketcCap.

NOT 24-hour price chart | Source: CoinMarketCap

The price spike follows a favorable community vote where Notcoin was overwhelmingly preferred over Bitcoin, capturing 86.2% of the 29,711 votes cast in a recent social media poll. The project’s team posted a comparison between Notcoin and Bitcoin on X, highlighting that NOT has limited supply and wide distribution while still being relatively inexpensive compared to BTC.

They pointed out that the last time Bitcoin had a market cap of approximately $0.5 billion in 2013, its price was around $100.

On May 26, Notcoin announced the launch of the NOT Airdrop Phase 1. To participate in the airdrop, users must connect their wallets to see their allocation.

Meanwhile, per a report, Notcoin has introduced a new mission type allowing players to passively earn crypto token rewards. These “earning missions” differ from previous tasks, as players can now earn NOT tokens passively rather than receiving a one-time reward.

According to Notcoin’s tutorial, these missions guide players through various communities belonging to “partner projects,” rewarding them with tokens for learning about other crypto games and apps.

The NOT earnings are based on the player’s in-game level, with higher levels offering larger pools of potential rewards. Users can increase their level by staking Notcoin, and the amount staked at the end of each month determines their ranking.

The highest level, Platinum, provides the most NOT tokens as rewards.

Notcoin’s journey began in early 2024 with a social clicker game where players tapped a virtual golden coin to earn in-game Notcoin currency. The NOT token is central to the Notcoin ecosystem, designed to be a community-driven coin that empowers users to engage with the project in various ways.

Users can explore and discover new web3 products and services while earning NOT tokens. Additionally, they can engage with new games on the Notcoin platform and receive rewards in NOT.

Recently, Notcoin donated over 1 billion NOT tokens (worth $6.8 million) to Telegram and its founder, Pavel Durov.