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Home»ETHEREUM NEWS»Telegram founder Pavel Durov said he would hold $7 million in Notcoin futures for up to 100x.
ETHEREUM NEWS

Telegram founder Pavel Durov said he would hold $7 million in Notcoin futures for up to 100x.

By Crypto FlexsMay 19, 20242 Mins Read
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Telegram founder Pavel Durov said he would hold  million in Notcoin futures for up to 100x.
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Notcoin Users were feeling generous ahead of Thursday. NOT token launch, more than half a million players of the popular Telegram-based clicker game donated a portion of their in-game coins to Telegram founder Pavel Durov. Now that haul is worth millions of dollars, and Durov says he’s keeping it. For a potential 100x gain.

More than 552,000 players on Notcoin donated a portion of their in-game coins to Durov. again in februaryIt’s part of an effort by a Notcoin team called Open Builders to thank the founder of Telegram for creating a messaging app that includes cryptocurrency games.

In the end, Durov Over 1.03 billion NOT tokensOr just over 1% of the total Notcoin supply on The Open Network (TON). At the time of this writing, it’s worth about $7.3 million, although Durov was worth slightly less at the time, at $6.8 million. Posted early on Friday.

Durov’s fortune is estimated at $15.5 billion. forbes, requires little cash. And he doesn’t sell. However, he said that if the value of NOT tokens soars, he will ultimately sell NOT tokens to better support Telegram.

“500,000 Notcoin users gifted me $6.8 million worth of Notcoin! thank you.” Durov wrote on Telegram. “I will hold these coins until they reach $680 million, at which point I will use them to buy more servers for Telegram.”

Notcoin of the Year Biggest gaming token launch to date, debuted early Thursday with a market capitalization of nearly $1.5 billion. New cryptocurrencies are often highly volatile, and in fact NOT has plummeted in value since its debut, reportedly down 50% to its current price of just over $0.007. CoinMarketCap.

Despite this, NOT is the 101st most valuable cryptocurrency by market capitalization at $746 million, and recorded a trading volume of over $1 billion in the first 24 hours after launch.

Notcoin paused coin-tapping gameplay in April to prepare for the launch of its tokens, but plans to relaunch its cryptocurrency-earning games and ultimately open a store for additional games as part of its effort to become the “Netflix of social, viral games.” It will serve as a platform. ” Co-creator Sasha Plotvinov said decryptionGG in April.

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