It’s been more than four months since the game was released via the messaging app Telegram. knot coin We debuted the NOT token on Thursday open network (TON)—and huge air drop With trading volume of over $1 billion to date, it resulted in the largest gaming token launch to date in 2024.
NOT token is currently trading at a price of approximately $0.0076 per the following data. CoinGeckothe entire supply of 102.7 billion tokens issued since its inception gives it a market capitalization of approximately $776 million.
Approximately 35 million players can earn NOT tokens by playing the game, and Notcoin is launched Staking reward campaign via Binance and OKX earlier this week.
CoinGecko and coin market cap It shows the token price plummeting shortly after launch as more players claimed the tokens and sold them to the market, but opinions differ on how much the price rose. CoinGecko is pointing to a peak of $0.0215, while CoinMarketCap is much lower at $0.0144.
That is reflected in the estimated size of the price drop, with CoinGecko showing it is down 65% on the day, while CoinMarketCap says it is down 48%. In any case, new crypto tokens often have limited liquidity and quickly become volatile in price, and we’ve seen this kind of tracking disparity in other recent launches as well.
In any case, it shows that the tokens’ market cap peaks are also at different levels, with CoinGecko pointing out that the market cap at the highest price is $2.21 billion, while CoinMarketCap has a market cap of $1.48 billion. The company says it has not yet reached its peak in market capitalization exceeding the US dollar.
In any case, Notcoin is far ahead of its competitors when it comes to this year. Largest gaming token launch by market capitalization. The runners-up are Pixels (PIXEL) with the highest price of $731 million and Saga (SAGA) with the highest price of $684 million, according to CoinGecko.
The trading value of Notcoin has already exceeded $1 billion in just a few hours, with CoinMarketCap reporting a trading volume worth around $1.07 billion. This makes him the 14th most traded coin on this indicator in the past 24 hours.
Edited by Ryan Ozawa.
