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Notcoin keeps rising! Notcoin breaks through $0.029 to set a new high, catching up with L2 solution OP, with a market value exceeding SUI and FLOKI. The 52nd largest token Notcoin has been soaring over the weekend, with a two-day increase of more than 150%.

Notcoin, a Telegram game based on the public blockchain TON, has been soaring over the past weekend. It has been rising from the lowest price of $0.0116 on June 1, and is now trading at $0.0246.

What exactly is NOT a protocol?

Notional Finance (NOT) is a decentralized fixed-rate lending protocol that aims to provide users with stable lending services. Unlike many traditional decentralized finance (DeFi) platforms, Notional Finance focuses on fixed-rate lending, which means that borrowers and lenders can lock in a fixed interest rate and will not be affected by market fluctuations during the lending period.

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The main features of Notional Finance include fixed interest rates. Users can borrow or lend assets on the platform and lock in a fixed interest rate, avoiding the uncertainty caused by interest rate fluctuations; multiple asset support. The platform supports the lending of multiple crypto assets, providing greater flexibility and choice; decentralization. Notional Finance is based on blockchain technology and uses smart contracts to achieve a decentralized lending process to ensure the transparency and security of transactions; user-friendly. The platform is simple and easy to use. Users can easily perform lending operations without complicated operation steps; community governance. NOT token holders can participate in the governance of the platform and vote to decide the development direction and major decisions of the platform, which enhances the user's sense of participation and belonging. Notional Finance runs on the Ethereum network. Through these features, it is committed to providing users with a safe, stable, and flexible decentralized fixed-rate lending platform to promote the development of decentralized finance.

Trading volume exceeds Bitcoin

According to Coingecko's real-time data, NOT's 24-hour total network transaction volume reached US$4.635 billion, ranking fourth in total network transaction volume after USDT, Bitcoin and Ethereum.

It is understood that Notcoin is a free and easy-to-use Telegram game. Users can earn coins by simply clicking on the mobile phone screen through a simple "Tap-to-Earn" mechanism. The low-threshold game mechanism and the clear announcement of cryptocurrency rewards have attracted a large number of users. It is worth noting that

This wave of Notcoin's contract and spot trading volume even surpassed Bitcoin. As of press time, NOT contract trading volume reached US$3.3 billion in 24 hours, while BTC was only US$3 billion.

Even though the community calls it the top meme coin on the TON public chain, some analysts still cannot understand why NOT can attract such a huge transaction volume and attention in a short period of time, and they all say it is too exaggerated.