Notcoin (NOT) Airdrop Claims Closed: What to Expect Moving Forward
On May 16, the Notcoin developers launched the NOT token on The Open Network (TON). Rapidly making waves, NOT was listed on major trading platforms like Binance, Bybit, and KuCoin. Remarkably, the asset’s capitalization skyrocketed to over $1.8 billion within just a few weeks.
In conjunction with these listings, the team initiated an airdrop, rewarding nearly 35 million players for their clicks. This strategy fueled significant growth for NOT. By early June, a sharp price increase propelled Notcoin into the top 50 cryptocurrencies by market cap, placing it fourth in daily trading volume, trailing only Bitcoin (BTC), Ethereum (ETH), and Tether (USDT).
Data from CoinMarketCap shows that NOT’s value has surged over 164% in the past month. Currently, the token is trading at $0.0175, despite a 13.5% dip in the last 24 hours.
The mining phase, which allowed players to earn coins through clicks, concluded in early April. However, players could still claim their tokens via a mini-app on Telegram. This app enabled users to send tokens to an exchange, withdraw them to a personal wallet, or store them in Notcoin.
The Notcoin team reported that 11.5 million users have claimed their NOT tokens. While most of the airdropped tokens have been distributed, the remaining tokens are earmarked for future project development, with a small portion planned for burning.
“Most of the drop was distributed already. Unclaimed tokens will be put into future development, and part will be burned. Additionally, there will be extra rewards for those who staked for Gold and Platinum levels. The more you do for Notcoin, the more you get back, as usual,” the Notcoin team stated.
Prominent analyst Alex Krüger recently hailed NOT as the best meme coin on the market, highlighting that traditional meme coin strategies are becoming less effective. Unlike conventional projects, Notcoin integrates unique gaming elements, broadening its appeal.
The popularity of Notcoin’s mini-app has already inspired others. Another tap-to-earn game, Hamster Kombat, launched on Telegram in late March, attracting over 150 million users.
