Notcoin surges 16% with new Binance trading pair listing

Telegram-based clicker Notcoin surged 16% after its native token NOT listed a new trading pair on Binance, the world’s largest crypto exchange.

At the time of writing, the token is trading at $0.018, up 10%, according to CoinMarketCap. The crypto asset is among today’s top gainers, with its market cap rising to $1.84 billion.

NOT 24 hour price chart | Source: CoinMarketCap

NOTE’s 24-hour trading volume also increased by 65%, reaching 1.26 billion dollars. However, the token is trading 37% lower than its all-time high of $0.0289 reached on June 2.

Notcoin’s latest rise comes as Binance announced that it has expanded trading options for the NOT token with a new NOTcoin Brazilian Real (NOT/BRL) trading pair, thus opening the doors to Brazilian investors. Users can start trading the pair starting at 14:00 UTC today.

Notcoin’s journey began in early 2024 with a unique social clicker game hosted on Telegram. In the game, players accumulate the in-game Notcoin currency by tapping a virtual gold coin.

Located at the heart of the Notcoin ecosystem, the NOT token aims to be a community-centric cryptocurrency that encourages user participation in different project activities.

Participants can discover and engage with new web3 products and services and earn NOT tokens in the process. They can also participate in various games available on the Notcoin platform to win additional rewards in NOTcoin.

The amount of NOT tokens users can earn is related to their in-game level; higher levels unlock access to larger prize pools.

Players can increase their level by staking Notcoin, where their monthly stake amount determines their rank.

The Platinum level, the highest level attainable, offers the largest number of NOT tokens as rewards.

In May, Notcoin held its token generation event (TGE), introducing the NOT token on leading cryptocurrency exchanges such as OKX and Binance. The launch quickly propelled Notcoin into the top 100 cryptocurrencies by market cap.

Notcoin recently donated over 1 billion NOT tokens worth $6.8 million to Telegram and its founder Pavel Durov. Durov has promised to hold these tokens until they reach a market cap of $680 million and plans to use the funds to expand Telegram’s server capacity.

Notcoin’s new rise comes as the global cryptocurrency market turns green once again, with a market cap of $2.46 trillion.

Meanwhile, Bitcoin has also seen a slight increase in the last 24 hours and is currently hovering around $67,614.