A brand new altcoin linked to a viral recreation on the encrypted messaging platform Telegram printed contemporary all-time highs this week after surging by practically 160%.
NOT is a group token for the favored Telegram-based tap-to-earn mining recreation Notcoin that started buying and selling on Might sixteenth when Binance rolled out assist for the asset through its Launchpool platform, which lets customers stake cash to farm new belongings.
Notcoin says it already has greater than 1.6 million on-chain holders, greater than the memecoins Shiba Inu (SHIB), Bonk (BONK) and Pepe (PEPE).
The token is issued on The Open Community (TON) blockchain, which was initially developed by Telegram. The messaging platform parted methods with the chain in 2020 following a authorized battle with the U.S. Securities and Alternate Fee (SEC).
The Open Community, an open-source group of builders, took over administration of the expertise that 12 months. TON, nevertheless, can nonetheless be despatched by Telegram’s 700 million customers throughout the platform with out coming into lengthy pockets addresses.
The Eightieth-ranked crypto asset by market cap is buying and selling at $0.0127 at time of writing, up from $0.00489 seven days in the past.
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