#山寨季何时到来？

The mystery of the plunge of meme coin Notcoin?

Recently, the trend of meme coin Notcoin has been ups and downs, which is remarkable.

Notcoin achieved an amazing increase of more than 4 times last week, once rising to 0.02836, but it is currently in a downward trend.

The main reason behind this is that investors have chosen to take profits and redistribute the gains to other meme coins.

Although Notcoin has an overall increase of 120% in the past seven days, it has fallen by 12% in the past 24 hours.

From the technical indicators, such as MACD, Notcoin has shown a continuous downward trend, which has also caused investors to turn to more mature meme coins.

If Notcoin unfortunately falls below the 38.2% Fibonacci retracement level, it is likely to fall further, and may even fall to 0.015 and 0.01.

This kind of violent fluctuation and potential risk of decline undoubtedly bring huge challenges and thinking to investors.

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