- The founder of Telegram, Pavel Durov, rejoiced about Notcoin’s achievement, which caused a 10% increase in its value.
- Notcoin became one of the top five traded cryptocurrencies on June 3rd, when its daily trading volume reached a record $4 billion.
- The Notcoin team transferred NOT tokens to Durov, and those coins went from being worth $6 million to nearly $25 million.
- The achievement of Notcoin was recently celebrated by Pavel Durov, the founder of Telegram, which fueled the ongoing NOT price surge.
According to Durov, in just two weeks, the value of NOT tokens provided by Notcoin’s creators increased fourfold. His account’s assets, which were originally valued at $6.8 million, have now increased to about $25 million.
Once More, Durov Pumps Notcoin
Known for being a Web3 game that runs on The Open Network (TON), Notcoin is a Telegram mini-app. The project garnered approximately 35 million users in a short period of time. The eagerly anticipated NOT cryptocurrency was introduced on May 16 and has since surpassed $2.5 billion in market capitalization.
When Notcoin’s daily trading volume hit a record $4 billion on June 3, the cryptocurrency accomplished a noteworthy milestone. The coin entered the top five most traded cryptocurrencies as a result of this rise. Pavel Durov conveyed his appreciation for the project’s accomplishment.
Prior to this, Durov received over 1 billion NOT tokens—worth $6.8 million—from the Notcoin team. These coins are now worth over $24 million at the going rate. Durov did, however, mention that he intends to hang onto the assets until their value improves by a factor of 100, so he will wait to sell them.
The NOT price increased by 10% in response to Durov’s most recent post. As of writing, the asset is trading at $0.024.
The price of Notcoin has increased by almost 300% in the last week. A number of things contributed to this remarkable rise, including as the introduction of the staking feature, backing from significant cryptocurrency exchanges, and the developers’ intention to burn NOT tokens.
The Notcoin team helps NOT rally by igniting community enthusiasm. They just revealed a competition with a 20 million token prize. Users must submit their project vision in any format in order to participate. The promotion is scheduled to end on June 24.
Disclaimer : This article was created for informational purposes only and should not be taken as investment advice. An asset’s past performance does not predict its future returns. Before making an investment, please conduct your own research, as digital assets like cryptocurrencies are highly risky and volatile financial instruments.
