Cryptocurrency exchange Bybit sets to support the trading and withdrawal of Notcoin (NOT), a play-to-earn token and game incorporated as a mini-app on Telegram.
On May 9, cryptocurrency exchange ByBit formally declared Notcoin’s inclusion on its platform and launched deposits immediately after that. On May 16 and 17, the exchange anticipates introducing NOT trading and withdrawals.
When listed, ByBit stated that withdrawals and deposits would be processed via The Open Network (TON) and that trading would be conducted via its automated trading tool.
On May 16, Notcoin spot trading will commence on the Binance exchange, which added NOT to its launch pool on May 9. May 16 will also see the addition of NOT to the Wallet app, a third-party custodial cryptocurrency wallet for Telegram.Â
OKX, a cryptocurrency exchange, also intends to showcase Notcoin on May 13 during its Jumpstart Mining event, where Toncoin (TON) holders can stake their TON and receive rewards in NOT.
As of the time of writing, the “#Notcoin” hashtag had amassed over 35,000 posts on X, reflecting the increasing enthusiasm surrounding NOT on social media.
Notcoin, which debuted on Telegram in January 2024, is a free play-to-earn game where users can receive rewards in the illustrative Notcoin token by tapping the coin icons. NOT, a cryptocurrency built on the TON blockchain, was established by Sasha Plotvinov, the founder of Open Builders, the development team responsible for the game.Â
The clicker game quickly gained millions of users on Telegram shortly after its debut, even though its token—NOT—was not yet listed on cryptocurrency exchanges such as Binance.
Notcoin—or “not a coin until it is”—solved the problem of attracting Telegram users to cryptocurrencies, according to Plotvinov, as the app amassed approximately 30 million users within a few months of its release.
The official Notcoin Community channel has over six million Telegram subscribers and 1.6 million X followers as of the time of writing. The Notcoin program on Telegram has provided information indicating that the game has generated 648,015 notcoiners.
The Notcoin team wrote in a blog post, “No one knows what the price of NOT will be after listing,” adding that the mining phase had already concluded.
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The announcement coincides with the proliferation of the TON ecosystem trend. Pantera Capital, a significant cryptocurrency investor, declared its strategic investment in TON to be the organization’s “largest investment yet” on May 8.
The value of the Toncoin cryptocurrency has increased substantially in response to the news, from approximately $5.5 to nearly $7. TON is trading at $6.88 as of this writing, an increase of roughly 27% over the previous week.
