Notcoin (NOT) Surges Post-Nobitex Hack: Did the Tap-to-Earn Token Actually Benefit?
Notcoin's NOT token is making waves—but not for the reasons you'd expect. After the Nobitex exchange hack, this tap-to-earn crypto defied the odds with a surprising price pump. Was it organic growth or just another case of 'bad news is good news' in the wild west of digital assets?
The irony? A security breach somehow became a bullish catalyst. Traders piled into NOT like it was a fire sale—proving once again that in crypto, logic often takes a backseat to speculation.
While the NOT team stays suspiciously quiet about the incident, one thing's clear: the market's addiction to volatility trumps common sense every time. Just another Tuesday in DeFi.
NOT Crypto Rising, Up 12% From April 2025 Lows
However, the good news is that NOT crypto is recovering and is among the best cryptos to buy in the Tonchain ecosystem.
Notably, the NOT token is up 12% from April lows and is firm, adding 13% from last week’s lows.
From the NOTUSDT daily chart, bulls are likely to build on recent gains, pushing the token above the local resistance at around $0.002.
NotcoinPriceMarket CapNOT$181.10M24h7d30d1yAll time
The stage is set, and if this expansion is accompanied by rising trading volume, it could easily build the momentum needed to retest the $0.0026 May 2025 highs. If this happens, the token could easily outperform some of the top solana meme coins.
3% of Notcoin Burned After Nobitex Hack
Although technicals play a role, the current momentum in NOT is driven by events following the surprise burn of hacked tokens on June 18.
The sequence of events after the Nobitex hack has turned a crisis into a catalyst, but whether the excitement will last remains to be seen.
On June 18, Nobitex, a crypto exchange, was hacked, resulting in the loss of several tokens worth millions.
One of the stolen tokens was NOT. Something unexpected happened while the hacker transferred the tokens to multiple chains, including Ethereum, Tron, and the TON networks.
It turned out, the hacker mistakenly sent stolen NOT worth $6 million to an unrecoverable address. This error, intentional or not, effectively burned 3% of the total NOT supply.
By removing NOT from the circulating supply, the hacker reduced supply at a key level, boosting demand and propelling NOT to higher spot rates.
If bulls capitalize on this excitement, NOT could be poised for a broader rally, further lifted by shifting sentiment in the crypto scene.
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Not Games Launch on Telegram
While the hack is a focal point, Notcoin is also expanding its ecosystem.
On June 6, Not Games was launched on Telegram. Since launching, Notcoin has benefited immensely from the over 1 billion Telegram users and a series of upgrades by the social platform.
Meet Not Games
All your Telegram games, progress, items and friends — in one place.
Play games. Learn how to win. Earn lootboxes, skins and cards.
Some are rare.
Some are unique.
Use them in games or trade them on the market.
It’s probably Steam for mobile games with… pic.twitter.com/NDBKVshRi9
— Not Games (@playnotgames) June 6, 2025
From this game, users can collect loot boxes, rare skins, and cards. These items are tradable in secondary markets.
Interestingly, gamers can retain progress across other games on Telegram. The game launch is a major milestone for Notcoin, especially considering that is is community-driven.
Notcoin has no roadmap and does not rely on heavy marketing.
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Notcoin Price Analysis: Nobitex Hack Boosts NOT Crypto?
- NOT crypto is up 12% from April 2025 lows
- Notcoin price is steady, and bulls are targeting May highs
- Nobitex hacker burns $6 million worth of NOT crypto
- Not Games launch boosts token utility
