In the past four hours, the price of Notional Finance (NOTE) paired with Tether (USDT) showed significant volatility. The token is currently trading around $0.0367, marking a daily decrease of approximately 11.34%, with trading volumes on CoinEx reaching about 5.8K USDT. Over the past month, NOTE/USDT has seen a sharp decline of over 33%, reflecting broader bearish sentiment in the market.
The token's performance remains underwhelming, with NOTE trading near its all-time low and significantly below its peak valuation. Liquidity remains a concern, with less than 2% of the total token supply in circulation, which impacts overall trading dynamics. However, as a DeFi platform specializing in fixed-rate lending, Notional Finance continues to offer unique services, although adoption and price performance are lagging.
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