Analyze the price decrease of Not Coin and objective community reasons.
$NOT Coins
In recent times, $NOT Coin has seen a significant drop in price. There are many factors that have contributed to this downward trend, including:
Number 1 is **Selling pressure from the large holding community:**
When the price of Not Coin begins to decline, many investors, especially those holding large amounts, may lose confidence in the long-term development of this coin. This led to them deciding to sell it for profit because it was free
Number 2 is the psychology of Short-term profits: Some investors may have plowed a lot of Not Coin at low prices and decided to take profits when the price reaches a short-term peak. When a large amount of Not Coin is sold in a short period of time, it creates downward pressure on the price.
followed by negative rumors and uncertainty about the future of Not Coin which could cause investors to panic and sell off.
After a strong price increase, price corrections are common in the cryptocurrency market. This may be due to technical support and resistance levels
If Not Coin does not have enough liquidity, a large amount of selling could cause larger price fluctuations
Not Coin's price drop could greatly affect investor and community confidence. If there are no timely remedial measures and positive information about the project$BTC #binance #TONCOİN