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Notcoin (NOT) Emerges with $1 Billion FDV: Gaming Token Hits Trading Floors

A portion of the supply, totaling 4.5%, was allocated for users on Binance Launchpool and OKX Jumpstart.

Notcoin (NOT), a gaming token boasting over 35 million users, commenced trading with a fully diluted value (FDV) of $1 billion after distribution via airdrop and across various exchanges. The token generated $294 million in trading volume within the initial hour of trading, as reported by CoinMarketCap.

Early adopters of the game, accessible through the Telegram app, acquired Notcoin from January to April by engaging in challenges within the game and clicking on virtual coins. In-game balances have been converted at a ratio of 1000:1, according to a press release.

Notcoin’s maximum supply is capped at 102 billion, with 3% allocated to Binance Launchpool users and an additional 1.5% reserved for OKX Jumpstart users. The project has also introduced a staking mechanism to encourage airdrop recipients to hold their tokens. Staking will be necessary to “earn extra rewards” and access more lucrative staking pools based on the player’s game level.

Sasha Plotvinov, founder of Notcoin developers Open Builders, expressed enthusiasm, stating, “It’s been an amazing few months. We’re extremely proud that Notcoin’s viral growth has introduced millions to crypto and TON’s ecosystem.”

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Disclaimer: Not Investment Advice

it’s crucial to understand that the information provided here is not to be construed as investment advice. The crypto market is dynamic and highly speculative, and decisions should be made based on thorough personal research and consideration of individual risk tolerance. Always consult with financial professionals and conduct your own due diligence before making any investment decisions. The intention of this exploration is to present insights and trends, not to provide specific investment recommendations.

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