Why Did Notcoin Increase by 50% Today?

Token NOT - Notcoin has surged by 50% in the past 24 hours and is currently trading at 0,008.

The cryptocurrency market has recently witnessed a spectacular rally from a name that has been attracting significant attention lately—Notcoin (NOT). Within 24 hours, NOT experienced a strong surge, with its price impressively climbing from $0.005 to its current level of $0.008, bringing Notcoin’s market capitalization close to the $1 billion mark.

After the initial supply was fully unlocked, resulting in an initial sell-off due to a massive 78% airdrop, the selling pressure has now significantly diminished. With the market currently in a highly active state, Notcoin has managed to recover strongly from its previous price suppression.

Additionally, many investors consider Notcoin to be similar to recent Memecoins due to several factors such as its catchy and simple name, a large and supportive user base, and the complete unlocking of all tokens.