Explanation and explanation of the rise of Notcoin (NOT) currency

Notcoin (NOT) has witnessed a noticeable rise in prices over the past weeks, reaching its highest level ever on June 2, 2024. This rise is due to several factors, including:

1. Listing Notocoin on the Bybit Exchange:

*Notecoin was listed on Bybit Exchange on May 16, 2024.

* This led to a significant increase in liquidity and trading volume, which contributed to the rise in the price of the currency.

2. Notcoin game success:

*Notecoin is a game built on a “play to win” approach.

* Notcoin game attracted more than 30 million users on Telegram in less than two months.

* This increased interest led to increased demand for Notcoin, which helped raise its price.

3. Positive market sentiment:

* The market has seen generally positive sentiment towards cryptocurrencies in recent weeks.

* This led to increased investment in Notcoin and other cryptocurrencies, which contributed to their prices rising.

4. Mudaraba:

*Part of Notocoin's price rise may be due to speculation by traders.

* Traders may buy the currency in hopes of selling it at a higher price in the future, causing demand and price to rise.

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