Notcoin’s value has rallied 12% since its lows in April 2025. The rise is partly attributed to the recent burning of 2% of the total NOT supply, triggered by a hacker’s error during a recent attack on Nobitex exchange. This incident forced the remaining tokens into locked addresses, effectively reducing supply.
In light of these events, will the NOT/USDT continue its growth and reach the previous highs of May 2025?
NOT Crypto Rising: An Overview
The positive sentiment surrounding NOT crypto has gained traction, making it one of the most recovering digital assets in the Tonchain environment, currently seeing a notable increase. The recent trading patterns suggest bullish actors are attempting to push prices above local resistance levels around $0.002.
Impact of the Nobitex Hack
On June 18, the hack of Nobitex exchange resulted in the loss of significant amounts of various tokens, including NOT. However, an unexpected advantage was created when NOT tokens valued at approximately $6 million were accidentally sent to an unrecoverable address.
This blunder effectively decreased the total circulating supply of NOT, potentially increasing demand and aiding in driving prices higher.
Notcoin
Source: Twitter
Not Games and Ecosystem Growth
Beyond just recovering from the Nobitex hack, Notcoin is also broadening its ecosystem with the introduction of Not Games on Telegram. This initiative leverages the platform’s vast user base to enhance engagement and utility.
Key Features of Not Games:
- Collectible loot boxes and unique skins.
- Cross-game progress retention.
- Community-driven with no heavy marketing push.
Through these advances, Notcoin is setting the stage for potential long-term growth, aided by improved user engagement and market dynamics.
