💰🔥 What is the reason for NOT's surge? 🔥💰
The surge in NOT tokens is mainly attributed to its mortgage function, the destruction of tokens by the project party, and the price-raising behavior of market operators.
### Reasons for the surge in NOT tokens, follow me to learn more🚀🚀
- Mortgage function: The staking function reduces the circulating supply, thereby driving up prices
- Project party destroys tokens: The project party destroyed about 18 million $TON (about 350,000 US dollars), and these tokens were permanently withdrawn from circulation, alleviating selling pressure
- Market manipulators push up prices: There are rumors in the market that $NOT is supported by Binance, and tokens supported by Binance often rise magically [
### Market performance and future development of NOT tokens
- Market performance: The trading volume of NOT tokens is comparable to the sum of Bitcoin and Ethereum, showing its market activity and high interest of investors
- Future development: Although NOT tokens have performed strongly recently, investors should be wary of market risks, especially considering the possibility of adjustments after its surge
### Relationship between NOT tokens and Telegram
- Applications on Telegram: NOT tokens are the main tokens of popular social click games on Telegram, and the number of users once reached 35 million
- Impact of Telegram platform: Active users and gray capital flows on the Telegram platform may have had an impact on the price of NOT tokens
In summary, the surge in NOT tokens is the result of a combination of factors, including its staking function, the destruction of tokens by the project party, and the price-pushing behavior of market operators. However, when considering investing in NOT tokens, investors should fully assess market risks and pay close attention to its relationship with the Telegram platform and its market performance.