The price of NOT tokens soared 280% in just 7 days. The more it rose, the more it fell.

So, what factors drove the surge in NOT tokens?

First, we have to mention the impact of the staking function on the circulating supply.

Through the staking function, a portion of NOT tokens are locked, thereby reducing the circulation in the market.

This mechanism changes the supply and demand relationship of tokens, further pushing up their market prices.

The burning activities carried out by ecosystem projects also had a positive impact on the price of NOT tokens.

It is reported that about 18 million TON tokens (equivalent to US$350,000) have been burned and permanently withdrawn from circulation.

This move not only reduced the selling pressure in the market, but also made investors look forward to more possible burning activities in the future.

In the market, such expectations can often be converted into actual purchasing power, thereby driving up prices.

The promotion of market manipulators is also an important reason for the surge in NOT tokens.

Since NOT tokens are supported by Binance, it has attracted much attention in the market.

As we all know, tokens supported by Binance tend to attract a lot of attention and funds, thereby driving up prices.

This "Binance effect" played an important role in the surge of NOT tokens.

For investors, facing such a surge, it is even more necessary to keep a cool head.

A sharp rise is often accompanied by the risk of a sharp correction, especially in cases like NOT where there is suspicion of speculation.

Therefore, when deciding whether to buy, you must fully consider your risk tolerance and formulate a reasonable risk management strategy.

The surge of NOT tokens is the result of the combined effect of many factors.

Finally, it should be emphasized that although NOT tokens have performed well recently,

After all, in this market, there is no eternal rise or eternal fall

At this stage, some good currencies are being laid out. If you don't know how to choose a currency, you can use it as a reference.

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I hope our encounter is friendly.

#BTC走势分析 #山寨币热点 #NOT还会上涨吗