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NOT's Explosive Growth in June 🌋
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Yesterday, NOT's 24-hour trading volume hit an impressive $4.6 billion, making it the fourth highest in the network after Bitcoin, Ethereum, and USDT. The coin's price surged to $0.024, and its market value surpassed $2.2 billion, ranking it 52nd globally. Additionally, it topped the Coinmarketcap hot coin list.
Despite being a meme coin with no technical foundation, NOT's success is closely tied to its two key backers: Telegram and Binance. Its launch on Binance's Launchpad took many by surprise, as it was unexpected for a relatively unknown "dog coin" to be endorsed by such a prominent crypto industry player.
NOT has a unique connection to TON, as many team members are top talents from the TON Foundation. Their familiarity with each other has contributed to NOT's rapid development within the TON ecosystem.
In the first half of this year, Solana led the meme coin market, with other public chains like Base and TON recognizing the potential for meme coin development. The TON chain previously lacked a meme coin ecosystem, and NOT, with its 30 million users, has effectively filled this gap.
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