Oliver Knight is a CoinDesk reporter based between London and Lisbon. He does not own any crypto.
$294 million in trading volume took place in the first hour after the token was released.Notcoin , a gaming token with more than 35 million users, has begun trading at a fully diluted value of $1 billion after being distributed via an airdrop and on several exchanges.
Early adopters of the game, which can be accessed via the Telegram app, accumulated notcoin from January to April by clicking on a virtual coin and completing challenges within the game. In-game balances have been converted on a 1000:1 ratio, according to a press release.
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