NOT vs POPCAT
Notcoin and Popcat scored on the same 25 variables, ranked against the same 251 tokens, with every gap between them shown.
Scoring pass 18 Sept 2026. Market snapshot 7 Oct 2026.
What separates them
NOT scores 73 of 250 and ranks 231st of 251. POPCAT scores 73 and ranks 231st. They tie on the composite, so the whole difference is in which variables each one wins. NOT takes 4 of the 25 variables, POPCAT takes 4, and 17 are level.
No single variable separates NOT and POPCAT by as much as 3 points. They are close on the framework's terms, which makes price, liquidity and the supply position below the only grounds for choosing.
Both score 3 or below on Protocol Revenue, Revenue Trend, P/S Multiple, Buyback and Burn, Smart Money Flows, Real Staking Yield and 11 more. A weakness both sides share is not a reason to prefer either. It is a reason to check whether the category itself carries the problem.
POPCAT is valued at $46.9M against $45.0M for NOT, a 1.0x difference. The larger of the two also scores higher, so the market and the framework agree on the ordering here.
All 25 variables, head to head
Both tokens were scored by the same framework in the same pass, so the numbers are directly comparable. What a comparison adds over two separate pages is the gap: a 6 against a 6 is a non-event, a 9 against a 3 is the reason to hold one and not the other.
Cash flow
| Protocol Revenue | 1 | 1 | level | |
| Revenue Trend | 1 | 1 | level | |
| P/S Multiple | 1 | 1 | level | |
| Real Staking Yield | 1 | 1 | level |
Supply
| Supply Inflation | 7 | 9 | POPCAT +2 | |
| Vesting Schedule | 8 | 9 | POPCAT +1 | |
| Circulating / FDV Ratio | 9 | 9 | level | |
| Buyback and Burn | 1 | 1 | level |
Ownership
| Smart Money Flows | 2 | 2 | level | |
| Insider Selling | 4 | 4 | level | |
| Holder Concentration | 4 | 2 | NOT +2 |
Traction
| TVL Trend | 1 | 1 | level | |
| Active Users | 3 | 3 | level | |
| Developer Activity | 2 | 1 | NOT +1 | |
| Network Growth | 2 | 2 | level |
Position
| Market Share | 2 | 3 | POPCAT +1 | |
| Competitive Moat | 1 | 1 | level | |
| Institutional Adoption | 1 | 1 | level | |
| Exchange Depth | 5 | 4 | NOT +1 | |
| Social Mindshare | 5 | 5 | level |
Risk
| Regulatory Safety | 4 | 4 | level | |
| Catalyst Calendar | 2 | 2 | level | |
| BTC Alpha Potential | 2 | 3 | POPCAT +1 | |
| Team Execution | 2 | 2 | level | |
| Treasury Runway | 2 | 1 | NOT +1 |
Bars read outward from the centre: NOT to the left, POPCAT to the right. The side that leads a variable is filled. Each score is 1 to 10 against the same definition applied to all 251 rated tokens.
Market and supply
| NOT | POPCAT | |
|---|---|---|
| Price | $0.000453 | $0.0479 |
| Market cap | $45.0M | $46.9M |
| Circulating | 97% | 100% |
| Dilution to full supply | 1.03x | 1x |
| Off all-time high | -98.4% | -97.7% |
| To recover the high | 62.5x | 43.5x |
| Total value locked | not published | not published |
| Network | TON | Solana |
Price, market cap and all-time high from the CoinGecko snapshot fetched 7 Oct 2026. Supply shares are derived from circulating and eventual supply counts, which do not move with price. The 25 scores come from the research pass dated 18 Sept 2026.
Catalyst and risk on each side
NOT · PASS
TON network growth; Telegram gaming expansion
All users already rewarded; zero utility post-game; completely dependent on TON/Telegram narrative
POPCAT · PASS
Solana memecoin season revival in next bull market peak
All memecoins revert to near-zero in bear markets; POPCAT is already down 96.8% from ATH with no fundamental support
Common questions
- Is NOT or POPCAT the better investment?
- On this framework NOT scores higher: 73 against 73 of 250, and it is rated PASS against PASS. That is a ranking of fundamentals as recorded at the last scoring pass, not a price forecast, and NOT still wins 4 of the 25 individual variables against POPCAT.
- What is the biggest difference between NOT and POPCAT?
- Nothing separates them by more than 2 points on any of the 25 variables, which is unusual and means the two are close substitutes on fundamentals.
- Which is bigger, NOT or POPCAT?
- NOT is valued at $45.0M and POPCAT at $46.9M on the latest market snapshot.
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Research and analysis, not investment advice. A higher score is one framework applied consistently to 251 tokens, not a prediction that one asset will outperform the other.