$NOT Update: Cooling Down After the Initial Hype đ
NOT is currently trading at $0.0108 per token, which is a 30% drop from its peak. đ While the initial hype around its launch on #Binance has cooled down, it's still interesting to see how NOT is performing compared to other cryptocurrencies.
Here's a quick recap: đ»đ
(1) Price Performance: NOT is down 25% in the past 30 days, underperforming $BTC and $ETH . đ»
(2) Trading Volume: Daily trading volume has dropped to around $160 million, significantly lower than its peak during the second week of listing. đ„
(3) Token Holders: The total number of token holders has reached 2.57 million, but 57% are still at a loss. đ€
(4) Whale Activity: Whale holdings have decreased, and they now account for only 40% of the total supply. đłđŠ
(5) Adoption Rate: The adoption rate (percentage of new addresses making their first transaction) has also dropped from its peak. đ»đ€
Overall, it seems like the initial excitement around #NOT has faded, đ¶ and the project is now facing some challenges. đ€ However, it's still too early to say whether this is a temporary setback or a more significant trend. đ
Key things to watch: đ„đ
đ Price Action: Will NOT be able to recover from its current price level?
đ Whale Activity: Will whales continue to sell off their holdings, or will they start accumulating again? đŠ
đ Adoption Rate: Can NOT attract new users and increase its adoption rate? đ€·
Stay tuned for more updates on NOT! DYOR! #Altcoins
