According to U.Today, Notcoin (NOT), a play-to-earn token on The Open Network (TON), is making waves in the market with significant gains. The token's price has risen by 8.72% to $0.01571, a notable increase amid the ongoing consolidation in the broader cryptocurrency market. Furthermore, the 24-hour trading volume of Notcoin has seen a substantial increase of 66.21%, reaching $559.3 million. This surge in trading activity reflects the bullish sentiment of investors towards the coin.
Over the past few weeks, the price of NOT has been performing well, with a surge of 212.19% over the last 30 days. This significant price increase demonstrates how Notcoin has outperformed other major cryptocurrencies in the market during this period. Today's surge suggests that NOT's upward momentum is not slowing down and may continue.
Notcoin has also seen major developments recently. The team behind the coin announced a significant burn event on June 25, where $3 million worth of NOT were sent to dead wallets. This strategic move aims to optimize the tokenomics of NOT and the overall ecosystem. In the same announcement, the Notcoin team revealed an incentive program for its users, with approximately $4.2 million to be given to Notcoin Explore’s Gold and Platinum users.
These developments have led traders to be optimistic about NOT's prospects. The recent surge in price and trading volume indicates strong community support for the coin. It is expected that the NOT price will benefit from this support and sustain its rally.
