Notcoin was launched as a native token on the TON ecosystem on May 16.
The native token’s daily trading volume increased by 897%.
Notcoin, was launched in the telegram Open Network (TON) on May 16. It is Binance’s 54th launchpool project. Since its launch, the community-driven token has exhibited a positive market price performance. In the past 24 hours, it has surged by a notable 37.90% becoming one of the top gainers in the market.
Notcoin was initiated in 2023 when it was an in-game mined currency. It allowed users access to Web3 and was used in a clicker game. It began trading in multiple exchange platforms including KuCoin. Analysts expect the token to have the potential for exponential growth.
Notcoin 24H Price Analysis
At the time of writing, Notcoin is trading at $0.007703 with a market cap of $788 million. The native token has shown an upsurge since the recent price dip last week. The bullish movement began in the late hours of May 27, breaking resistance at $0.0053 and soaring up to a new recent high of $0.0088.
On Tuesday, the token witnessed a modest dip in price, sliding down to find support at $0.0075. Presently, NOT is still trending among top gainers in the market. Zooming out, on the day of its launch Notcoin hit its all-time high, $0.0.144 according to CMC data. In the coming days, it saw price declines with market prices going as low as $0.0046 (an all-time low) last week.
NOT/USDT Daily Trading Chart (Source: TradingView)
Notably, in the past seven days, Notcoin price performance has stood at a positive 6.26% with bullish movements making an appearance since Monday. According to Tradingview data, Notcoin’s monthly performance is up by a whopping 897% with a trading volume of approximately 1 billion. The 9-day SMA of $0.0059 underscores the token’s present upward trend.
Moreover, the overall crypto sector has witnessed a price recovery since last week. Leading cryptocurrencies such as Bitcoin and Ethereum saw price upsurges from the past flat markets.
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