MercyTech's Profile | Binance Square

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NOT Coin: Is a Further Drop Imminent? Should You Sell?

I noticed something interesting about NOT Coin last week. The token mirrored Bitcoin’s movement until yesterday, when it dipped independently of BTC. It even dropped below 0.0018, a reminder of the advice to avoid FOMO (fear of missing out).

If you're looking to buy, consider setting a realistic limit order, 5-10% below the current price, and wait. Eventually, your trade will be executed. For those eyeing an opportunity to buy $NOT tokens, the current price is 0.00184.

As for current holders, should you sell? Don’t sell at a loss. This seems like a normal correction. Although we expected a bullish trend post-token burning, the market has been unpredictable.

According to the Notcoin Telegram page, some tokens have been burned while others were retained, though the impact on the market is unclear.

Share your thoughts in the comments, and follow for updates. A like would be appreciated!

#Notcoin #NotcoinNews #NotcoinPrediction $NOT

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⚠ Hold Your $NOT Coin! ⚠

When a cryptocurrency experiences rapid price increases, it often leads to a subsequent drop. This has happened before with Not Coin, and we're now seeing the price rise again. While future trends are uncertain, it may be a good time to consider buying Not Coin in anticipation of another potential surge.

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Why NOT Coin’s Growth is Limited: 3 Key Factors

The growth of NOT Coin has been substantial, but future expansion has some inherent limitations. Here's an analysis of the situation:

1. Popularity and User Base: NOT Coin is widely recognized, with over 35 million users on Telegram. This broad exposure makes it highly sought after, similar to Bitcoin, which thrives on public interest and awareness. People invest in it despite not fully understanding its fundamentals, driven by its high value and market momentum.

2. Supply Constraints: The coin can no longer be mined, with only 22% of the total supply left for new users. Two phases of mining have already been burned, which naturally restricts supply and is likely to push the price higher as scarcity increases.

3. Market Dynamics: Most of the supply has already been sold, making a return to the all-time low (ATL) prices seen after listing unlikely. However, like all assets, continuous growth without any price correction is unsustainable. A price adjustment will occur eventually to balance the market before any further increase.

While NOT Coin has significant potential, it is crucial to anticipate and prepare for market corrections as part of its growth cycle.

Stay updated and consider tipping for more insights!

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$NOT is currently experiencing significant downward momentum, with a 14% decrease causing concern among investors. While this decline is creating a sense of panic among some buyers, it may also be seen as a strategic buying opportunity for those looking to invest in $NOT at a lower entry point. Market sentiment suggests that this dip could allow investors to capitalize on potential future gains. Stay tuned for detailed analysis and professional insights on $NOT market dynamics.

#Binance200M #TopCoinsJune2024 #BnbAth #ETHETFsApproved #FIT21

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Hey everyone,
🎁🎁🎁
I hope you're all doing okay. Personally, things are rough for me at the moment. Tonight, I lost all the money I made in profits just a week ago. It's a big setback, and I'm feeling pretty down about it. But even though I lost, I'm not giving up. I picked trading as my career, and I'm going to keep going until I reach financial freedom.
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