Here’s Why Notcoin Price Surged 10% Following New Market Plans

The price of Notcoin surged by 10% after a promising update from the project’s founder sparked excitement in the market.

Notcoin, a meme coin that gained attention through its Telegram-based clicker game, saw a significant price jump on February 13 following an announcement by its founder, Sasha Plotvinov. In an X post, Plotvinov revealed that Notcoin would soon become available in the U.S. market, generating a wave of enthusiasm among investors and speculators. As a result, the token briefly peaked at $0.0032 before pulling back to $0.003.

However, Plotvinov did not provide additional details or specify the platform where Notcoin would become available. The news was particularly significant considering that it comes as the Telegram-backed blockchain ecosystem, The Open Network (Toncoin), is also planning a U.S. expansion.

The TON Foundation, closely associated with Telegram Messenger, is making efforts to enter the U.S. market, anticipating a more favorable regulatory environment under the potential leadership of President Donald Trump. The foundation recently appointed Manuel Stotz, the founder of Kingsway Capital Partners, as its new president, replacing Steve Yun, though Yun will remain on the board.

This news comes after Telegram faced regulatory challenges when trying to raise funds for its blockchain project, resulting in a 2020 settlement with the U.S. Securities and Exchange Commission (SEC). The settlement required Telegram to return $1.2 billion to investors and pay an $18.5 million civil penalty. Despite these setbacks, Telegram’s push into the U.S. market with its blockchain project seems to be regaining momentum.