Everyone is Talking About This Altcoin That Made 6x in a Week: Will the Rise Continue?

The most popular altcoin of the recent period, released as Binance's Launchpool project, delights its investors with its massive rise.

Binance-backed Telegram-based community cryptocurrency Notcoin (NOT), which uses tap-to-earn mining mechanics, has reached an exciting point with its massive rise following its launch.

According to CoinGecko data, Notcoin's total network transaction volume reached $4.6 billion, ranking 4th after Bitcoin (BTC), Ethereum (ETH) and USDT. With this performance, it left market giants such as Solana (SOL) behind.

The NOT/USDT trading pair on Binance, the world's largest cryptocurrency exchange, accounted for 46.5% of the total Notcoin transactions with a volume of 2.18 billion dollars.

Notcoin price is flying

NOTE, which started trading at an average level of $0.0083 with the Binance listing, entered a period of decline in parallel with the correction in Bitcoin. NOTE, which reached up to $0.00458 with a nearly 45% withdrawal, then started a rally.

NOTE, which showed a 550% increase performance in about a week without experiencing almost any withdrawal, reached up to $0.0294. NOTE, which later experienced some withdrawal, finds buyers at $0.0211 at the time of writing.

As the interest in Telegram bots continues to increase recently, it is estimated that the rise of NOT, which is the first in this field, will continue.