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Naughty NOT! Notcoin Soars 335% in a Week - Flirting with Top 50 Cryptos🚀 The play-to-earn token Notcoin (NOT) has captured the crypto world’s attention with an astounding 335% surge in just a week, putting it on the brink of breaking into the top 50 cryptocurrencies. Launched on May 16, Notcoin initially plummeted over 60%, dropping from $0.012 to $0.0050. However, the token has staged a remarkable comeback, hitting an all-time high of $0.028. Its market cap has now reached approximately $2.3 billion, and its 24-hour trading volume soared to $4.3 billion, marking a 265% increase from the previous day. The crypto community is abuzz with Notcoin’s meteoric rise. Prominent trader Crypto Steam credits the rally to several factors: the introduction of staking functions, token burns, and market maker activities. “Around 18 million $NOT have been burned, permanently reducing sell pressure. While this might not seem huge, investors are likely anticipating more burns in the future, as crypto valuations often defy conventional logic,” Crypto Steam remarked. Last week, Notcoin launched "earnings missions," allowing users to earn passive rewards through various quests, which has further boosted the token's functionality and value. This feature has significantly increased community engagement. Despite being a newcomer to the market, Notcoin’s strong community support, innovative reward systems, and endorsements from key figures signal potential for continued growth. #StartInvestingInCrypto #ETHETFsApproved #Megadrop #altcoins #NOT $NOT {spot}(NOTUSDT)

Naughty NOT! Notcoin Soars 335% in a Week - Flirting with Top 50 Cryptos🚀

The play-to-earn token Notcoin (NOT) has captured the crypto world’s attention with an astounding 335% surge in just a week, putting it on the brink of breaking into the top 50 cryptocurrencies.

Launched on May 16, Notcoin initially plummeted over 60%, dropping from $0.012 to $0.0050. However, the token has staged a remarkable comeback, hitting an all-time high of $0.028. Its market cap has now reached approximately $2.3 billion, and its 24-hour trading volume soared to $4.3 billion, marking a 265% increase from the previous day.

The crypto community is abuzz with Notcoin’s meteoric rise. Prominent trader Crypto Steam credits the rally to several factors: the introduction of staking functions, token burns, and market maker activities.

“Around 18 million $NOT have been burned, permanently reducing sell pressure. While this might not seem huge, investors are likely anticipating more burns in the future, as crypto valuations often defy conventional logic,” Crypto Steam remarked.

Last week, Notcoin launched "earnings missions," allowing users to earn passive rewards through various quests, which has further boosted the token's functionality and value. This feature has significantly increased community engagement.

Despite being a newcomer to the market, Notcoin’s strong community support, innovative reward systems, and endorsements from key figures signal potential for continued growth.

#StartInvestingInCrypto #ETHETFsApproved #Megadrop #altcoins #NOT $NOT

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💥Central Banks Slash Interest Rates: Boost for Crypto?🚀 The European Central Bank (ECB) and the Bank of Canada (BoC) have cut interest rates, potentially energizing the crypto market. The ECB trimmed its key rate to 3.75% from 4%, a move anticipated by the market despite persistent inflation in the eurozone. The BoC followed suit, lowering its key policy rate to 4.75% from 5%, marking the first G7 nation to reduce rates in this cycle. The ECB's decision, driven by updated inflation forecasts, aims to ease monetary restrictions after a period of steady rates. Christine Lagarde, ECB President, stated the need to adjust policies based on inflation expectations and economic conditions. The BoC's cut is designed to alleviate pressure on heavily indebted consumers. BoC Governor Tiff Macklem noted that future rate decisions will depend on continued trends in inflation. Lower interest rates typically decrease borrowing costs, spurring consumer spending and business investment. This increased liquidity can boost investments in higher-yielding assets like cryptocurrencies. With traditional savings offering lower returns, investors may flock to riskier assets, potentially driving up crypto prices. Both the ECB and BoC emphasize that future rate cuts will be data-dependent, reflecting a cautious approach in uncertain economic conditions. Economists predict the ECB may wait until September for another cut, while the BoC could act again in July. #MarketSentimentToday #Binance55thProject(IO) #BnbAth #BTC #ETHETFsApproved $BTC $ETH $BNB
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Crypto Influencers Report Mysterious Follower Freeze on X: Time to Migrate to Binance Square? Prominent crypto influencers like PlanB, Raoul Pal, Crypto Rand, and Randi Hipper have noticed a puzzling halt in their follower growth on X (formerly Twitter), sparking concerns about potential shadow banning by the platform’s algorithm. Shadow banning involves making a user's content less visible or invisible to others without notifying the user. While users can still post and engage, their content might be hidden, reducing its reach and engagement. This technique helps platforms moderate content discreetly, but can leave users feeling confused and unfairly targeted. Influencers Speak Out - PlanB, known for his stock-to-flow Bitcoin model, recently highlighted the issue, suggesting his follower growth has stalled inexplicably. - Raoul Pal, founder of Real Vision and a former hedge fund manager, shared that his follower count has been stuck at 1.045 million for months. He described this stagnation as unusual given his account's historical growth rate. - Crypto Rand mentioned his account has been stagnant at 300,000 followers for a year and a half, a stark contrast to its previous rapid growth. - Randi Hipper expressed her frustration, noting she used to gain thousands of followers weekly, but now her follower count barely moves. Bitcoin Archive offered an alternative perspective, suggesting the stagnation might reflect broader market trends rather than platform policies. These influencers' experiences raise important questions about X’s policies and algorithms. Whether due to shadow banning or market conditions, the struggle to grow an online presence is real for many in the crypto community. This situation underscores the complexities of maintaining engagement and visibility in the ever-evolving world of social media. #binance #Binance55thProject(IO) #BnbAth #ETHETFsApproved #BTC $BTC $BNB
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Major Whale Scoops Up $10 Million in Shiba Inu (SHIB) – Is Meme Coin Mania Back? A major player in the meme coin world just made waves by purchasing a whopping $10 million worth of Shiba Inu (SHIB). This significant investment marks a growing trend of high-stakes moves in the volatile meme coin market. Recent data from Spot On Chain reveals that the wallet 0x520 exchanged 1,593 Wrapped Ethereum (WETH) for 234.136 billion SHIB, valued at $6.07 million at an average price of $0.00002593. Interestingly, this wallet is tied to other major SHIB players: 0x761 and 0x913. - 0x761: Acquired 5.16 trillion SHIB in March 2021 for just 45 Ethereum ($63,700). Later transferred 165.36 billion SHIB to 0x520, sold in October 2021 for a substantial profit. - 0x913: Swapped 1,000 WETH for 149.3 billion SHIB ($3.83 million) today and previously received SHIB from 0x761 in 2021. These coordinated purchases highlight a possible strategy or shared ownership among these wallets, driving nearly $10 million in SHIB acquisitions today. Consequently, SHIB's price surged by 8.45% in the past 24 hours. Institutional interest in meme coins is also on the rise. A Bybit report noted a 226% increase in institutional investments in meme coins from February to March 2024, peaking at $293.7 million. Though a sell-off followed, the initial spike underscores a growing appetite for these speculative assets. Adding to the momentum, DWF Labs, a prominent Web3 market maker, recently invested $12 million in Floki (FLOKI) and $5 million in Milady Meme Coins (LADYS). These moves reflect the increasing attention and investment in the meme coin sector. Why This Matters - Big Moves: The substantial investments by major crypto wallets indicate a renewed interest in meme coins. - Market Impact: The recent surge in SHIB's price and other meme coins shows potential for high gains. - Institutional Backing: With notable investments from big players like DWF Labs, meme coins are gaining credibility. Beware of Whale manipulation! #SHIB $SHIB #ETHETFsApproved #BTC #bitcoin #altcoins $PEPE $WIF
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Top 5 Low-risk, High-reward Altcoins to Watch by Crypto Analyst Miles Deutscher Renowned crypto analyst Miles Deutscher has spotlighted key altcoins poised for growth following a significant bullish signal from Bitcoin. As Bitcoin surged past $71k, Deutscher shared his top altcoin picks that could benefit from the positive momentum. $ETH Ethereum remains a top choice. ETH's ETF approval makes it more accessible to institutional investors, likely to drive its price higher. Ongoing improvements in scalability, security, and energy efficiency further enhance its appeal. $BNB Deutscher sees strong potential in Binance Coin, the native token of the Binance ecosystem. BNB has demonstrated resilience, achieved new all-time highs & is integral to the Binance Smart Chain (BSC), which is popular for its lower transaction fees and faster processing times compared to Ethereum. As more projects launch on BSC, the demand for BNB is expected to rise, boosting its value. $FLOKI Floki, a meme coin, has caught Deutscher’s attention due to its breakout potential. Like PEPE, FLOKI could see a possible 20% or more increase. #Cake PancakeSwap’s CAKE token is also on Deutscher’s radar. CAKE is reclaiming major support levels and breaking through significant moving averages. As the leading DEX on BSC, PancakeSwap benefits from the overall growth of the DeFi sector. #ONDO‬⁩ Ondo Finance stands out in the real-world asset (RWA) sector. Deutscher highlighted ONDO’s strong performance and bullish price action. Ondo Finance focuses on tokenizing physical assets like real estate and commodities, increasing their liquidity and accessibility. Deutscher’s analysis considers broader market dynamics, institutional inflows and improving sentiment. He noted that Bitcoin’s performance and strategic moves by major financial players like BlackRock and Citadel are driving current bullish sentiment. These institutions are pushing the RWA narrative, which could further boost interest in altcoins associated with RWAs. #BTC #bitcoin #altcoins
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