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New gaming token Notcoin (NOT) has made a splashy entrance into the crypto world, not just with its debut on major exchanges, but also with a charitable donation of over $6.8 million worth of tokens to Telegram founder Pavel Durov.

This news comes hot on the heels of Notcoin’s simultaneous launch on Binance Launchpool and OKX Jumpstart, boasting a total circulation of over 102.7 billion tokens. The gaming token, already boasting over 35 million users, started trading with a fully diluted valuation (FDV) of $1 billion

Donating to the Future of Messaging

The Notcoin team announced their decision to donate 1.03 billion NOT tokens to Pavel Durov and Telegram itself. This generous contribution translates to roughly $6.8 million based on Notcoin’s current price of $0.007091.

The initiative, likely aimed at fostering goodwill within the messaging app community, comes alongside Notcoin’s official launch. Analysts are watching closely to see how this move impacts both Notcoin’s adoption and Telegram’s future endeavors.

What is Notcoin?

Notcoin positions itself as a gaming token, specifically designed for use within various games. With over 35 million users already on board, Notcoin seems to be building a strong foundation within the gaming community.

Looking Ahead for Notcoin

With a successful launch, a sizable user base, and a strategic charitable donation, Notcoin has certainly generated significant buzz. Only time will tell how this new token performs in the ever-evolving cryptocurrency market.

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