Overview
The cryptocurrency market is buzzing with excitement as NOT emerges as the top searched coin and the top gainer on Binance. With a remarkable performance in the past 24 hours, NOT has captured the attention of traders and investors alike. Let's delve into the detailed analysis of NOT's market activity, trading data, and key metrics to understand its recent surge.
Market Activity and Trading Data
Over the past 24 hours, NOT has shown significant trading activity. The market cap of NOT has increased by 34.76%, reaching $1,566,275,675, positioning it at rank #49. The trading volume has seen a massive surge of 348.59%, amounting to $1,383,138,130, making it the 8th highest in trading volume. This high trading volume indicates a strong interest and liquidity in the market.
Money Flow Analysis
The money flow analysis for $NOT over the past day reveals a dynamic trading environment:
Large Orders:
Buys: $10,560,947,492
Sells: $11,326,352,776
Medium Orders:
Buys: $13,159,502,988
Sells: $13,159,425,070
Small Orders:
Buys: $13,328,922,614
Sells: $12,931,037,588
The total inflow stands at $37,049,373,094 against an outflow of $37,452,815,434, resulting in a net outflow of $403,442,340. Despite the net outflow, the high volume of large and medium buys indicates strong buying interest at significant price levels.
Price and Volume Analysis
The daily trading view chart shows a notable price increase of 16.67%, with the current price at $0.01526. The Relative Strength Index (RSI) is at 53.11, indicating a neutral to slightly bullish momentum. The volume profile shows substantial buying activity, particularly over the last few sessions, which has contributed to the price uptick.
Key Metrics
Circulating Supply: 102,491,027,412 NOT
Total Supply: 102,491,027,412 NOT
Market Cap: $1,566,275,675
Volume/Market Cap (24h): 88.81%
Fully Diluted Market Cap: $1,566,275,675
The total and circulating supply being identical suggests no immediate dilution risk, which is favorable for current investors. The high volume-to-market cap ratio further underscores the robust trading activity and liquidity.
Conclusion
NOT has demonstrated a strong performance, making it the top searched and top gainer on Binance. The significant increase in market cap and trading volume, combined with active large and medium orders, indicates growing interest and confidence among traders. The neutral RSI suggests potential for further upward movement, making NOT a cryptocurrency to watch closely in the coming days.
Stay tuned for more updates and detailed analysis on your favorite cryptocurrencies.
Disclaimer: The information provided in this article is intended for informational purposes only. Cryptocurrency trading involves significant risks, and it is advised to conduct thorough research before making any financial decisions.
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