The cryptocurrency Notcoin (NOT) has experienced an 11% drop in value after the conclusion of its airdrop claim period on Sunday evening. The current price of NOT token stands at $0.01812, marking its lowest point since early Friday morning, according to CoinGecko data. Despite this one-day decline, the token remains 166% higher than its launch price a month ago and holds the 57th position on CoinGecko with a market capitalization of $1.8 billion. This places Notcoin ahead of notable projects like Aave (AAVE) and zkSync (ZK).
Upcoming Rewards for Stakers
The Notcoin team has announced plans to release additional details this week on how gold and platinum level stakers can earn extra rewards. According to their Twitter statement, “Most of the drop was distributed already. Unclaimed tokens will be put into future development, with part of them being burned.”
Impact of Crypto-Integrated Games on Notcoin
Notcoin’s recent success can be attributed to the popularity of crypto-integrated games on the messaging app Telegram. These games have significantly boosted user engagement, driving activity around the recently closed airdrop claim. Players were given options to send their tokens to an exchange, withdraw to a self-custody wallet, or stake them within the Notcoin ecosystem for early rewards.
Growth and Market Presence
Since its launch, Notcoin has attracted a substantial user base, growing to include 35 million players. This surge in adoption is reflected in its substantial market presence, maintaining its position among the top cryptocurrencies.
Inspired Initiatives Within Telegram Ecosystem
The success of Notcoin has inspired similar initiatives within the Telegram ecosystem. Games like Hamster Kombat, a mobile clicker game where players assume the role of a crypto exchange CEO, are following suit with plans to launch their own TON token next month. Additionally, other Telegram mini-app games, Yescoin and TapSwap, have also announced their intentions to launch tokens on The Open Network.
Commitment to Community Rewards
As Notcoin continues to expand, the team remains committed to rewarding its community. The forthcoming details on extra rewards for gold and platinum stakers are eagerly awaited by investors and players alike, aiming to further enhance engagement and value within the Notcoin ecosystem.
