Notcoin (NOT) price surges 25% as trading explodes on the network

Despite the sluggish cryptocurrency market, Notcoin (NOT) surged more than 83% yesterday and continues to rise 25% at the time of writing amid a trading frenzy on the internet.

NOT 1-day price chart. Source: TradingView

Notcoin network transactions witness explosive growth

The recovery phase took place after a relatively quiet week and turned Notcoin into the fourth most traded cryptocurrency by daily trading volume, reaching $4.9 billion.

Source: Coingecko

While the cryptocurrency market in general is experiencing stable price fluctuations, observers, analysts, and potential investors are focusing on the outstanding performance of Notcoin, indicating strong buying pressure.

The impressive growth in transactions on the Notcoin network coincides with its growing popularity. Telegram games allow users to earn NOT tokens by playing simple games and completing tasks. Recently, Notcoin introduced its "make money mandate," which enables passive token accumulation, further boosting user engagement.

Analysts believe that this sudden increase is due to the successful integration of Notcoin with Telegram's large user base. The recent airdrop, although initially unimpressive, has seen a positive change as the token price increases.

With an easy-to-play mechanism and integrated social media features, Notcoin is ready to take advantage of the increasingly popular play-to-earn trend.

You can view the price of NOT here.