Notcoin which started as a click to earn game on telegram is now the most viral project all over the cryptocurrency social websites. Everyone is talking about it as its launched back to back on almost every exchange which include from top tiers and low tier exchanges.
Notcoin was available to earn on telegram by just clicking mine button daily. Recently it was introduced on Binance launchpool where users were required to stake BNB and FDUSD in order to earn Notcoin.
Data shows that Notcoin went viral to the extent that over 2 Billion FDUSD and 16 Million BNB were staked in the launchpool to farm Notcoin. This is the third highest number after memecoin pepe and dogwifhat launchpool.
Trading for Notcoin is already live on all exchanges including binance. Launchpool on binance is ended while on other exchanges users can still stake assets to farm Notcoin. For example on bybit exchange the launchpool for Notcoin just started today.
There are three separate Notcoin pools available to farm for usdt , TON and Not stakers. I have staked usdt to farm Notcoin because it involves zero risk as usdt is stable coin while other assets involve risk as they can go up or down in price.
The APR is much higher that is why i have staked a few usdt as it could earn me a decent amount of Notcoin in the next seven days as the launchpool is set yo expire after seven days. Right now usdt farming offers more than 300% apr while Notcoin and Ton staking has higher aprs but i choosed usdt as its a safe turn as told above.
Notcoin is trading at $0.008 per coin which seems to be stabilized a bit while it was fluctuating a lot when it was launched few hours ago. The lowest price hit was 0.0007 while highest was close to 4 cents.
If the price of Notcoin remains around the current price for the next seven days then launchpool on bybit will earn a decent profit to the launchpool participants. Hopefully the price will not fall further from the current value but even if it does , still i will have no loss as i am farming with the usdt.
This is not the first time i am participating in a launchpool. I have been trying out different launchpool on different platforms. Around 3 years ago i participated in first launchpool on binance by staking BNB. It was $REEF launchpool. I did earn $200 of $RREF at that time because there were very less stakers at that time which means apr was higher. That was the highest launchpool reward i earned in the 7 day period. I remember that i was very happy after selling them for the usdt on binance.
If you ever have to farm any new token make sure you go with the stablecoin if available as its the safest way to earn farming rewards.
Thats it for today. Thanks for reading. What do you think about my today's topic? Let me know your thoughts in comment section. In the end i would like to Wish you and your family a happy day ahead. Stay Blessed.
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About Author
@coolguy222 is a crypto trader and content creator on hive blockchain. He also runs a small business of Mobile accessories and Wrist watches. He loves to make new friends.