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Notcoin is now the third largest gaming coin by market cap
- Thanks to a sizable user base and high trading volume, Notcoin has become the third largest gaming coin by market capitalization.
- With an average of $1.5 billion in daily trading volume, Notcoin is a market leader in gaming tokens across various ecosystems.
The gaming token market has seen Not money (NOT) firmly established itself as a major player. With a 100% token distribution to its users, it has jumped to the third largest gaming coin by market cap very quickly and has surpassed Axie Infinity.
Currently, NOT outperforms other gaming tokens in many ecosystems, with an astonishing daily trading volume ranging from $300 million to $1.5 billion, according to TO Digital Delphi.
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Best Gaming Tokens: This Cycle Vs Past Cycles🔍
Powered by a 100% token allocation to users, @thenotcoin has solidified itself among the best gaming coins this cycle.
Now the 3rd largest for Mcap, $NO records an average daily volume of between $300 million and $1.5 billion, leading among gaming tokens across all ecosystems. photo.twitter.com/OlwOgfCNKJ
— Delphi Digital (@Delphi_Digital) June 27, 2024
Significant token burning
As CNF recently reported, the cryptocurrency community has been paying attention to a deliberate move by Notcoin. The platform burnt Tokens worth $3 million.
The purpose of this intentional reduction in NOT token supply is to increase the value of the token and promote a vibrant and active market game community at the same time. A broader plan to support Notcoin’s growing tap-to-earn gaming environment includes the Burn.
Although these encouraging improvements have occurred, the price of NOT has dropped. At the moment, NOT is trading at around $0.01432below 6.51% over the past day. Many, meanwhile, see this decline as a brief hiccup in Notcoin’s otherwise upward trajectory.
Spotlight on Competitor: Yescoin
Another player is causing havoc in the broader gaming token scene. A Telegram-connected gaming token called Yes has attracted more than 18 million players worldwide. The game’s huge user base attests to its appeal and potential for expansion in the gaming token market.
Surprisingly, Yescoin has partnered with TON, indicating the upcoming launch of its own native cryptocurrency, YES. With this partnership, the game should become even more attractive to players and be more widely adopted.
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