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

Notcoin (NOT) has experienced a significant increase, rising over 58% in the last 24 hours to reach $0.009165.

The latest surge has pushed Notcoin’s market cap to over $941 million; This reflects an increase of 55.72%, placing the cryptocurrency at 94th in the market cap rankings, according to CoinMarketcCap data.

NOT 24 hour price chart | Source: CoinMarketCap

The price increase follows a positive community vote in which Notcoin was overwhelmingly favored over Bitcoin, receiving 86.2% of the 29,711 votes cast in a recent social media poll. The project team published a comparison between Notcoin and Bitcoin on X, highlighting that NOT is relatively cheap compared to BTC despite having limited supply and wide distribution.

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

On May 26, Notcoin announced the launch of NOT Airdrop Phase 1. To participate in the airdrop, users need to link their wallets to see their allocations.

Meanwhile, according to a report, Notcoin has launched a new quest type that allows players to passively earn crypto token rewards. These “win missions” are different from the previous missions; because players can now earn NOT tokens passively instead of receiving a one-time reward.

According to Notcoin’s tutorial, these missions “guide players through various communities of collaborative projects and reward them with tokens for learning about other crypto games and applications.”

NOTE winnings depend on the player’s in-game level, with higher levels offering larger potential prize pools. Users can increase their level by staking Notcoin, and the amount staked at the end of each month determines their ranking.

The highest tier, 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 gold coin to earn the in-game Notcoin currency. The NOT token is at the core of the Notcoin ecosystem and is designed as a community-driven coin that allows users to participate in the project in a variety of ways.

Users can explore and discover new web3 products and services while earning NOT tokens. They can also interact with new games on the Notcoin platform and earn rewards on NOTcoin.

Notcoin recently donated more than 1 billion NOT tokens (worth $6.8 million) to Telegram and its founder Pavel Durov.