md5('240610708') 's result is 0e462097431906509019562988736854.
md5('QNKCDZO') 's result is 0e830400451993494058024219903391.
They are both float number format strings (numerical strings), and if you use == in php, when compare a number with a string or the comparison involves numerical strings, then each string is converted to a number and the comparison performed numerically.
Both of the strings are converted to 0 when compared with ==, if you want to compare them as string, remember to use ===(strict comparison) instead.
See: PHP expresses two different strings to be the same