Notcoin is about to open, this article summarizes the key information

2024-05-16 11:40

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1. Notcoin is a free game on Telegram. You can earn coins by clicking on the screen. Since its launch on January 1, 2024, it has become one of the most popular channels on Telegram, with more than 30 million users participating. 2. Notcoin will be listed on 18 exchanges on May 16, including Binance, Okx, etc., which represents the market's changing preference for new currencies, from VC coins to Meme coins. 3. The maximum supply of Notcoin tokens is 102,719,221,714 NOT, and the initial circulation supply is 100%. The vast majority of tokens are distributed to the community, 5% for project development, and no investor share. 4. Pre-market preparations are divided into three roles: early participants, exchange mining participants, and participants waiting for the opening. They need to prepare corresponding operations according to their respective situations. 5. According to data on the evening of May 15, NOT's opening valuation is expected to rise to 0.01 and above, and the decline range is between 0.006-0.01.

Original title: "Notcoin successfully breaks through the circle and lands on major exchanges. This article sorts out the key information on the eve of the opening"

Original author: Alfred, Cycle Capital Research

1. What is Notcoin?

Notcoin is a free and easy-to-use Telegram game. Its gameplay is mainly for people to earn coins by clicking on the mobile phone screen. The Tap to Earn mechanism allows many users to enter Web3. Since its launch on January 1, 2024, Notcoin has become one of the most popular and user-rich channels on Telegram. The community is extremely popular, with more than 30 million participants, more than 6 million Telegram groups, and an average daily active peak of more than 5 million, backed by Telegram, which has more than 1.3 billion users.

In March, LD Capital issued a research report with a detailed introduction and was optimistic about the subsequent performance. The fundamentals can be traced back to the previous content "Relying on Meme to break out of the circle? Can Notcoin help TON stand out?". Currently, Notcoin has successfully landed on major crypto exchanges in May with its huge total number of users and potential, the resource support of the TON Foundation and the popularity of the concept of fair distribution of MEME coins, breaking out of the circle.

2. Recent Trends

Notcoin has recently evolved from a Telegram game with simple and direct gameplay logic to being favored by mainstream crypto exchanges and funds. It will be listed and traded on 18 exchanges on May 16, including Binance, Okx, Bybit, Kucoin, Bitget, Gate io, Bitmart, Bitfinex, Cryptocom, etc.

This to a certain extent represents that the tendency of exchanges and investors to choose targets in the secondary market is changing. In the context of tight market liquidity, individual investors are tired of VC coins that are taken over at the opening, and the sentiment of not taking over each other has also caused the new coins to go down all the way. At this stage, the market sentiment has shifted from VC coins with low circulation and high FDV to Meme coins with high circulation ratio and heavy community.

3. Listing situation

Notcoin will be listed and traded on various exchanges at 12:00 (UTC) on May 16 (20:00 Beijing time). Recently, some exchanges have launched mining activities. For example, Binance will start Launchpool at 00:00 (UTC) on May 13, 2024, supporting two types of pools: BNB and FDUSD.

· Token name: Notcoin (NOT)

· Maximum token supply: 102,719,221,714 NOT

· Initial circulation supply: 102,719,221,714 NOT (100% of maximum token supply - full circulation)

From the token distribution, we can further see the change in the trend of coin selection. Notcoin distributes the vast majority of tokens to the community, which mines through Tap to Earn. The total amount exceeds 78%, and project development accounts for only 5%, and there is no investor share.

IV. Pre-market preparation

The roles participating in the pre-market can be roughly divided into three types: 1. Participating in gold farming and over-the-counter voucher purchases at an early stage 2. Participating in mining on major exchanges 3. Not participating yet and waiting for the opening

For role 1, if you hold NFT vouchers listed on getgems, you should import them on Notcoin's Telegram BOT in a timely manner (minting fee 0.06/voucher), and then withdraw the coins to the exchange (handling fee 1.5%); if you hold wnot, wait for the not conversion to start (estimated to be available on the day of listing).

For role 2, you can participate according to the rules of each exchange, among which Binance Launchpool has the largest total token reward: 3,081,576,651 NOT (3% of the maximum token supply).

For role 3, participate in combination with valuation and opening situation.

V. Valuation

On the evening of May 15, according to getgems's NFT voucher; ston.fi's WNOT; aevo's OTC prices were 0.0101; 0.0089; 0.00795 respectively.

NOT is a fully circulated token, which is more suitable for comparison with MEME coins. The coin listing rhythm is faster, and it is more reasonable to compare with BOME; the market value of projects with general popularity recently listed is between 500 million and 1 billion; at the same time, combined with the neutral and more CPI data results on the evening of May 15, the market boost was driven. It is believed that NOT is expected to rise to 0.01 or above at the opening, and the decline range is between 0.006-0.01.