#NOT collapses by another 10%
#Notcoin began the week with a massive 16.1% slump on May 19.
The coin, first introduced in November 2023 as a closed beta within Telegram, was a victim of an intense selloff campaign shortly after its debut.
The token collapsed 55% after launch, as airdrop farmers trooped to cash in. Last week, this selloff campaign persisted.
Still, it gave up the opportunity to recover most of these losses on May 20, when Bitcoin and the rest of the crypto market saw an upsurge.
Notcoin only increased by a meager 2.57% and then continued its downward momentum in the days that followed.
The newcomer shed off another 10.63% from its value last week, closing the week below the $0.005 price territory.
A 10.01% recovery on May 25 was not enough to offset all the losses of last week. At its current value of $0.004964, NOT is down 86.76% from the peak of $0.0370 it clinched on Binance on the day of its debut
