Crypto exchange ByBit is set to initiate trading and withdrawals for Notcoin (NOT) next week, amid growing excitement for the new token, which has been integrated as a mini-app on Telegram and features in a play-to-earn game.
ByBit has announced that deposits for NOT began on May 9, with trading set to start on May 16 and withdrawals following on May 17. Transactions will be facilitated through The Open Network (TON) and executed using ByBit’s automated trading tool.
Additionally, Binance is preparing to launch spot trading for Notcoin on May 16, after adding NOT to its launch pool on the same day as ByBit’s initial listing. Telegram’s third-party custodial crypto wallet, Wallet, will also support NOT beginning May 16.
Another major crypto exchange, OKX, is looking to include Notcoin in its Jumpstart Mining event on May 13. This event will allow Toncoin (TON) holders to stake their TON and earn NOT as rewards.
Social media anticipation for NOT is high, with over 35,000 posts featuring the “#Notcoin” hashtag on X at the time of writing.
Notcoin first launched in January 2024 as a free play-to-earn game on Telegram, created by Sasha Plotvinov and developed by Open Builders. The game, which allows users to earn NOT by interacting with coin icons, quickly became a viral sensation on Telegram, attracting millions of users even before its official trading debut on platforms like Binance.
Plotvinov has expressed that Notcoin has effectively drawn Telegram users into the crypto space, with the app garnering approximately 30 million users a few months post-launch. Despite its success in user engagement, the future trading price of NOT remains uncertain, with the Notcoin team stating in a blog post that “no one knows what the price of NOT will be after listing,” following the completion of the mining phase.
The official Notcoin Community channel boasts over six million subscribers on Telegram and 1.6 million followers on X. The Notcoin bot on Telegram reports that the game has introduced 648,015 users to the token.
The launch of NOT coincides with a surge in interest in the TON ecosystem. On May 8, Pantera Capital announced a significant investment in TON, marking its largest ever investment. Following this news, Toncoin experienced a substantial increase in value, climbing from around $5.5 to nearly $7, and currently trades at $6.88, representing a 27% rise over the last week.