NFT sales volume jumps to $129M in November #NFTMarketTrend | Sagar_Parajuli в Binance Square

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NFT sales volume jumps to $129M in November
#NFTMarketTrends

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#NOT🔥🔥🔥 $NOT launched on May 16, 2024 at an initial price of $0.010 $NOT has rocketed 350% to $0.0244 and a $2.5 billion market cap Trading volume in $NOT is over $2.2 billion, making it the 7th-most traded token. Notcoin Price Prediction 2024 Notcoin is one of the hottest tokens of 2024, which is saying a lot in a year that’s been extremely bullish for the crypto market. The token’s trading volume and the fact that it has attracted more than 35 million users to its trending play-to-earn game is hard to ignore. Most important, these signals indicate that Notcoin’s meteoric rise is likely to be more than a short-lived pump. We think that Notcoin has the potential to keep rising on its current momentum. While trading volume has declined from $4.3 billion to $2.2 billion, that’s still an enormous amount of volume and represents nearly the entire market cap of $NOT being traded on a daily basis. On top of that, Notcoin has an important catalyst still ahead of it: listing on Binance and Coinbase, the world’s two largest exchanges. Research has shown that Binance listings typically generate a sustained 41% gain for tokens, and the gain for $NOT could be even bigger considering how much attention the coin has gotten already. Listing on Coinbase could propel $NOT even higher.

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Meme Reach $60 Billion: Galaxy Digital SEO Highlights Their Impact Meme coins have seen an extraordinary surge this year, reaching nearly $60 billion, according to Crypto potato This rise comes amid a broader market rally, though not everyone is thrilled. Some industry insiders worry that the focus on meme coins is overshadowing more substantial projects. Despite the controversies, Galaxy Digital CEO Michael Novogratz acknowledges the significant narratives driving these tokens. In a video interviewing with BusinessUntitled Novogratz outlined how investors can profit from meme coins. He identified two main strategies: selecting the right meme coin to invest in and creating a new one. He remarked, "Memecoins – whether you’re a fan or not – have become a cornerstone of the crypto economy… In today’s market they’re one of the most powerful narratives out there." This perspective aligns with a Galaxy Digital report which suggests that meme coins are more than just a fleeting trend, emphasizing their role in wealth creation. The meme coin market's explosive growth is not without risks. March alone saw $13 billion in spot trading volumes on exchanges, and these tokens have outperformed major cryptocurrencies like Ethereum and Solana. recent report highlighted several concerns, particularly market manipulation and liquidity issues. A significant concentration of assets among a few holders, often referred to as "whales," can lead to severe price volatility. These large holders can manipulate prices and control liquidity on decentralized exchanges. The market's high Gini coefficient of 0.8 further underscores the centralization of token holdings posing additional risks to investors. In summary, while meme coins have carved out a substantial niche in the crypto market, they come with considerable risks. Investors must navigate these waters carefully, balancing the potential for high rewards against the inherent volatility and centralization challenges.

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$NOT Notcoin is one of the hottest crypto tokens on the market today, rocketing to a $2.5 billion market cap and taking first position among native coins on the TON blockchain. With so much momentum behind it, many investors and traders are wondering just how high $NOT could rise this year and beyond. In our Notcoin price prediction, we’ll take a close look at $NOT’s price potential and forecast the token’s value from now until 2030. Keep reading to find out whether Notcoin is a smart token to buy today. Notcoin Price Prediction 2024-2030 Notcoin is a play-to-earn token built on the TON Network, the blockchain originally built by Telegram before being spun off into its own project. The Notcoin game is an applet on Telegram in which users tap on a virtual coin and earn tokens, which can then be converted into cryptocurrency. The Notcoin game has proven incredibly popular, with more than 35 million active users by the time token redemptions launched on May 16, 2024. The $NOT token listed on decentralized exchanges for trading on the same day. From its launch to the beginning of June, has exploded by nearly 350% to a current price of $0.0244. It’s been one of the best altcoins of the year so far for investors. The token now has a $2.5 billion market cap and is the 47th-largest cryptocurrency by market capitalization Here’s what we know about Notcoin right now: Our real-time NOT/USD price data shows a current price of $0.0244 is available exchanges, but not yet on Binance or Coinbase has a market cap of $2.5 billion and is the largest coin on the TON Network other than $TON 24-hour trading volume in $TON is $2.2 billion, making it the 7th-most heavily traded token on the market Notcoin’s game is available to everyone on Telegram, which has a user base of more than 700 million worldwide. In addition, it’s part of the TON Network, which is one of the fastest-growing new blockchains Year Potential Low Average Price Potential High 2024 $0.013 $0.050 $0.085 2025 $0.025 $0.090 $0.150 2030 $0.010 $0.145 $0.275

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bitcoin☀️ $BTC #etherreum $ETH bThe world’s biggest bank, the Industrial and Commercial Bank of China (ICBC), is reportedly calling Bitcoin (BTC) “digital gold” and Ethereum (ETH) “digital oil.” In a new report shared by Matthew Siegel, VanEck’s head of digital assets, the ICBC gives praise to the top two cryptocurrencies by market cap. The report also says that market demand is strong for digital assets, pushing innovation in the sector. “Market demand drives the continuous iteration of digital currencies.” The report draws comparisons between Bitcoin and gold while also saying the crypto king has added benefits. “Bitcoin retains the scarcity similar to gold through mathematical consensus, while solving its problem of being difficult to divide, difficult to identify authenticity and inconvenient to carry. Its monetary attributes are gradually weakening, while its asset attributes are constantly strengthening.” In calling Ethereum “digital oil,” the report praises various characteristics of the top smart contract platform’s ecosystem. While ICBC highlights some of the network’s shortcomings, it also believes technological advances will resolve them over time. “Ethereum has been continuously upgrading its technology in terms of security, scalability, and sustainability, providing technical power for the digital future… Ethereum introduces Turing completeness with its exclusive programming language (Solidity) and virtual machine (EVM), allowing developers to write and arrange for a variety of complex smart contracts and applications, providing a strong platform support for blockchain technology. Its flexibility has been widely recognized in the fields of decentralized finance (DeFi) and non-fungible tokens (NFT), and is gradually extending to the physical infrastructure network (DePin). In essence, Ethereum’s Turing completeness enables it to execute any programming instructions under the premise of correct instructions and sufficient resources, but it also poses several practical problems…

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Altcoins, short for "alternative coins," $ADA $XRP cryptocurrencies other than Bitcoin. While Bitcoin remains the most recognized and valuable cryptocurrency, altcoins have carved out their niches by addressing specific needs and challenges within the crypto ecosystem. Some of the most well-known altcoins include Ethereum, Ripple (XRP), Litecoin, and Cardano.Types of AltcoinsStablecoins: Designed to minimize price volatility, stablecoins are pegged to assets like the US dollar or gold. Examples include Tether (USDT) and USD Coin (USDC).Utility Tokens: These tokens provide access to a product or service within a blockchain platform. Ethereum's Ether (ETH) is a prime example, as it is used to pay for transactions on the Ethereum network.Security Tokens: Representing ownership in an asset or company, security tokens are akin to traditional securities but with the benefits of blockchain technology.Meme Coins: Often started as jokes, these coins, like Dogecoin (DOGE) and Shiba Inu (SHIB), have gained significant popularity and market value, largely driven by community support and social media hype.

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