The value of the 1 billion NOT that were given to Pavel Durov two weeks ago, according to the founder of Telegram, has increased fourfold, from $6 million to $24 million.
Listings for NOT were made on the major cryptocurrency exchanges on May 16th. Users sent 1,030,383,291,362 NOT to Durov the following day, according to the Notcoin team’s report on the gaming Web3 project.
Announcing his plan to spend the coins until their value reaches $680 million, the entrepreneur made his intentions known. After that, Telegram’s founder intends to purchase more servers to use with the messenger.
According to Durov, Notcoin became one of the five most traded cryptocurrencies on the planet yesterday, June 3, when its daily trading volume hit $4 billion.
His claims that millions of people have profited from Notcoin’s mini-app on Telegram are unfounded. According to the entrepreneur, they are still receiving more funding.
“Just one month ago, Notcoin had the biggest cryptocurrency community that social media has ever seen. Similar mini-applications on Telegram that enable tens of millions of users to benefit are the only projects that rival the Notcoin community today, according to Durov.
Quotes for NOT reached a new all-time high of $0.029 on June 2. The token’s price has increased by 120% in the last week, as reported by CoinGecko. Not a Trading is trading at $0.021 as of this writing.
We would like to remind you that Notcoin introduced a new kind of mission for NOT passive income at the end of May. By interacting with the apps and communities of our partner projects on social media, users can earn rewards.
Market for digital currency Because of the incident that caused Notcoin deposits to be delayed on the day of listing, Bybit has devised a compensation plan to help customers who were impacted. Users were unable to sell their tokens immediately after receiving them due to communication and technical issues.
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