Notcoin Hits a New All-Time High After a 320% Weekly Gain

Notcoin (NOT) gained 320% over the past week, reaching an all-time high of $0.02896 on June 2. As a play-to-earn game and token integrated into Telegram as a Mini App, Notcoin has attracted over 30 million users within two months, contributing to its rapid adoption and growth. Since its listing on the B exchange on May 16, NOT has risen over 200%.

At a market capitalization of $2.3 billion, NOT became the 51st largest cryptocurrency. The surge is largely driven by social media hype, making it the second-most mentioned coin of the week. As a result, Notcoin's trading volume surged to over $4 billion, surpassing USDC. Telegram's ecosystem attracts both retail and large investors, with Toncoin (TON) and NOT being the current gems.