Notcoin (NOT) Jumps 40% After Introducing New Update
Following a new update for its game on Telegram this week, Notcoin (NOT) drew a lot of attention, as its price rose by as much as 50% in the past 24 hours.
This allows game players to passively generate crypto rewards.
At the time of writing, NOT is selling for $0.009599 – up over 40% over the past day and 76.3% higher this week. It has a market cap around $1 billion, which puts it in the top 100 largest assets by market cap ranking. Its trading volume over the past 24 hours reached $1.24 billion, up 327 % from yesterday.
Notcoin is a game on Telegram where users pick up tokens by clicking on a virtual coin. In addition to these basic earnings, rewards are given for completing missions and using “boosts” that temporarily increase the money flow into one’s account.
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On the Telegram network in May, Notcoin did a major airdrop of NOT tokens, players were able to claim tokens in accordance with their performance. It was the biggest gaming token distribution of the year, with 35 million participants.
“Earnings missions” which were introduced recently for its game allow a player to obtain NOT tokens passively by completing various tasks, often linked to partner communities. How long these quests are open for depends on the player’s level in the game.
Alexander Stefanov
Reporter at CoinsPress
Alex is an experienced finance journalist and a cryptocurrency and blockchain enthusiast. With over five years of experience covering the industry, he deeply understands the complex and constantly evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His passionate approach allows him to break down complex ideas into accessible and insightful content. Follow up on his content to be up to date with the most important trends and topics - stay ahead of the curve with CoinsPress.
