How Much Can NOT Coin Increase in Price?
Investors are curious about the potential price increase of NOT Coin, especially after it surged over 25 times in value in just two weeks following its listing on OKX.
#### What is NOT Coin?
NOT Coin is a meme coin on the TON system, widely recognized through the Tap to Earn airdrop model. It has amassed over 40 million users, a substantial number compared to Binance's nearly 200 million users.
#### Why is NOT Coin Popular?
NOT Coin is closely associated with Telegram, which has significantly boosted its visibility and user base. The media support from Telegram has played a crucial role in its rapid growth and success.
#### Technical Analysis
Given its recent listing, NOT Coin has limited historical data for analysis. Indicators like MA50, MA100, or MACD frame D1 are not yet applicable. However, in a smaller time frame (H4), NOT is in a strong uptrend supported by MACD and MA20.
#### Future Price Potential
Predicting the future price of NOT Coin is challenging. With a current market cap of $2 billion, it has potential for growth compared to other meme coins like PEPE ($6 billion) and Shiba Inu ($15 billion). However, investors should remain cautious, as sustainable growth requires more than just hype and Tap to Earn models.
#### Investment Caution
Investing in NOT Coin, like any meme coin, carries risks. It's crucial for investors to conduct thorough research before making any investment decisions.
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