A brand new altcoin related to a viral sport on the encrypted messaging platform Telegram printed contemporary all-time highs this week after surging by almost 160%.
NOT is a group token for the favored Telegram-based tap-to-earn mining sport Notcoin that started buying and selling on Might sixteenth when Binance rolled out support for the asset through its Launchpool platform, which lets customers stake cash to farm new property.
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 Change Fee (SEC).
The Open Community, an open-source group of builders, took over administration of the expertise that yr. TON, nonetheless, can nonetheless be despatched by Telegram’s 700 million customers inside 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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