💥Why is Notcoin up 300% over the past week?
🚀 Notcoin's Trading Surge: Notcoin (NOT) became the fifth-most traded cryptocurrency on Monday, surpassing Circle’s USDC stablecoin due to strong social interest.
📈 Price Rally: NOT's price rose over 320% in the past week, reaching a new all-time high of $0.02896 on June 2. In less than two months, it attracted over 30 million users on Telegram, integrating as a popular Telegram Mini App.
💹 Market Cap Growth: Listed on Bybit on May 16, NOT rose over 200% in two and a half weeks, reaching a $2.3 billion market cap and becoming the 51st largest cryptocurrency tracked by CoinMarketCap.
🧲 Mass Adoption Potential: According to Justin Hyun of the TON Foundation, Notcoin and other Telegram Mini Apps could be a "Trojan horse" for mass blockchain adoption, potentially onboarding the next 500 million crypto users.
💬 Social Sentiment: Growing retail interest via social media has been a major driver of NOT's rally. Within two weeks of its launch, Notcoin became the second-most mentioned cryptocurrency in a 12-hour timeframe.