Ton Network’s new gaming token Notcoin ($NOT) is surging in price and trading volume as Telegram users flock to the play-to-earn game. The token is up 225% in the past 7 days to a price of $0.0224, with trading volume up more than 200% in the past 24 hours to $4.3 billion.
Notcoin’s pump has created opportunities for traders, but it may be just the beginning of a larger surge in the crypto gaming space. Another new token, $DICE, has the potential to deliver 100x gains or more as it approaches its initial exchange offering.
Notcoin brings play-to-earn to TON Network
$NOT launched on the TON Network—the blockchain originally built by Telegram, the messaging app with more than 700 million users—as the network’s first play-to-earn token.
In the Notcoin Game, players can tap a digital coin and complete simple tasks, such as following accounts on X or Telegram, to earn tokens. These tokens can then be redeemed for $NOT on TON Network.
While there are other gaming tokens on TON Network, $NOT represents the first viral play-to-earn coin to launch on the blockchain. Before this week’s price surge, Notcoin had 35 million players.
Notcoin surges on strong momentum, higher move possible
Notcoin’s strong upside move came after TON Network officially began allowing in-game redemptions of virtual game tokens for $NOT on May 16. After the token’s gains, it now has a market cap of $2.3 billion—making it the 52nd-largest cryptocurrency in the market.
Even more impressive is Notcoin’s trading volume, which is up to $4.3 billion in the last 24 hours. The token’s volume has surpassed that of meme coins like Bonk and Floki Inu, leading the team behind Notcoin to signal that majors like DogWifHat and Pepe could fall next.
<blockquote class=”twitter-tweet”><p lang=”zxx” dir=”ltr”><a href=”https://t.co/XHZy1Hce98″>pic.twitter.com/XHZy1Hce98</a></p>— Notcoin Ø (@thenotcoin) <a href=”https://twitter.com/thenotcoin/status/1797328809198240120?ref_src=twsrc%5Etfw”>June 2, 2024</a></blockquote> <script async src=”https://platform.twitter.com/widgets.js” charset=”utf-8″></script>
Notcoin may have more gas in the tank to move even higher. One technical analyst predicted that $NOT’s current trajectory could carry the token to $0.04 before the pump decelerates. Telegram founder Pavel Durov, who was gifted $7 million worth of $NOT tokens, said he plans to hold the tokens until they 100x in value.
It remains to be seen whether Notcoin can continue its dominance, but the project’s association with Telegram is a huge benefit. Telegram has more than 700 million users globally, many of whom could jump into the Notcoin game after seeing this week’s price gains.
GambleFi token $DICE offers massive earning opportunity, potential 100x gain after launch
Notcoin isn’t the only exciting gaming token in the market this week. Crypto casino and sportsbook Mega Dice recently launched its new GambleFi token, $DICE, and has raised more than $1.35 million in token sales so far.
The $DICE token offers an unprecedented earning opportunity for early investors. Token holders who stake $DICE will earn a daily share of Mega Dice’s gambling revenue, which currently sits at more than $50 million per month. That’s expected to grow rapidly as the crypto gambling industry jumps from a total value of $4 billion today to more than $65 billion by 2027.
The $DICE token also has some of the same appeal as a play-to-earn token like Notcoin. It’s fully integrated into the Mega Dice gambling platform, so players can use it to wager on more than 4,000 casino games and 50 sports betting markets. $DICE holders also receive exclusive bonuses and perks when playing with Mega Dice.
Analysts like Jacob ‘Crypto’ Bury and Jon Trading have predicted big gains ahead for $DICE when the token hits exchanges. Job Trading predicted the token could jump 100x or more after launch, making it one of the next big gaming coins to pump.
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The $DICE presale is currently offering tokens at a discounted price of $0.075, but that won’t last long—the next price increase is just a few days away. Don’t miss this chance to lock in the lowest price for $DICE and invest in the future of crypto gaming.
