Why $NOT is Falling Fast: $TON Ecosystem Under Pressure
Red Alert for #NOTUSDTđš Falling Rapidly đš
Notcoin (NOT) has been experiencing a sharp decline ever since the arrest of Telegram founder and CEO Pavel Durov on August 24. Cryptocurrencies linked to the TON ecosystem have lost significant value, and NOT is no exception. As of this writing, NOT is priced at $0.0076, marking a staggering 23% drop since the event. At its current value, NOT is trading at its lowest point in five months.
đ Market Reaction
According to IntoTheBlock, the altcoin has seen a 13% rise in daily active addresses over the past week. However, despite the increase in activity, the price continues to fall, raising concerns among investors. Some speculate that existing NOT holders are distributing their tokens to avoid further losses, which may explain the increased user activity.
