There is an impressive increase in the price of Notcoin (NOT). It is currently trading at a price of $0.0158, up 51.6% in the last 24 hours. 📈

NOTE's market value reached $1.6 billion and became the 50th largest cryptocurrency.

Notcoin's daily trading volume increased by 307%, reaching $1.1 billion.

According to Santiment data, Notcoin's total open interest increased by 61% in the last day, from $115 million to $185 million.

The total funding rate of $NOT decreased from 0.001% to minus 0.02% in the last 24 hours. This shows that open interest is mostly increased by short positions.

Bets that Notcoin's price will drop have increased significantly.

Notcoin's RSI index increased from 52 to 62 in the last day. This suggests that NOTE is slightly overbought at this price point and whales are likely to take short-term profits.

For Notcoin to remain in the bullish zone, the RSI must fall below 50.

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