Altcoin
Notcoin (NOT) rises 440% in the week and reaches an all-time high
In just one week, Notcoin (NOT), a TON-based meme coin, stunned the cryptocurrency world with a remarkable 440% increase from 0.005 to 0.027, with many taking profits following the pump.
Notcoin surged 40% on Sunday, reaching an all-time high of $0.029, while maintaining its upward trajectory while other cryptocurrencies stalled. At the time of publishing this report, NOT is trading at $0.02094, boasting a market capitalization of $2.15 billion.
The main feature of Notcoin’s recent surge is its daily transaction volumes, which have increased by a whopping 200%. overcoming 4.6 billion dollars in 24 hours. This surge places Notcoin as the fourth most traded cryptocurrency currently on the market.
Analysts attribute Notcoin’s success to its integration with Telegram’s huge user base. Despite an initially lukewarm response to its recent airdrop, Notcoin has bucked the trend, evident in the price surge.
Notcoin’s popularity is further fueled by its innovative approach to user engagement. The platform offers simple games and activities to earn NON tokens, with recent additions such as “earning missions” that allow for passive accumulation of tokens.
With its intuitive gameplay and social media integration, Notcoin is poised to take advantage of the growing trend of gaming to make money. Market experts predict potential gains for Notcoin, with the price possibly aiming for $0.1.
Furthermore, on-chain data from Lookonchain highlights an increase in whale activity within the Notcoin ecosystem. A major investor, or “whale,” has an unrealized profit of $862,000 on $NOT.
This whale converted $TON into $wNOT before listing, and subsequently exchanged $46.4 billion of $wNOT for $46.4 million of $NOT, making significant profits. As the frenzy around Telegram mini apps persists, Notcoin’s bullish momentum is expected to continue, aiming for higher price levels.
Notcoin’s incredible 400% surge in one week, coupled with its record-breaking daily transaction volumes, position it as a formidable player in the cryptocurrency market, showcasing its potential for further growth and investor interest.
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