Notcoin is a new token that has emerged in the market via Telegram. Despite a challenging start, it has recently experienced an unexpected performance surge. The value of NOT has increased significantly, even though its monthly trend is downward. However, investors remain confident because the project has generated renewed interest this week.
Over the past week, the price of $NOT has surged by 141.25%. Among the top 100 cryptocurrencies, it’s the project that has seen the highest growth in a single day. The price of NOT has risen by 31.4% in the last 24 hours. Currently, this crypto ranks 73rd in the market, with a market capitalization of $1.265 billion. On May 30th, it was even the 12th most traded project globally, with transaction volumes exceeding its market cap.
Several factors explain this remarkable increase. First, the project team announced that the airdrop could be claimed until June 16th. Additionally, the token was listed on various exchanges, including Changelly and Binance. On the latter, NOT obtained a crucial new trading pair: $NOT /USDC.
Furthermore, the growing adoption by Notcoin users is also noteworthy. According to a recent post on X, Notcoin boasts over 1.6 million holders, surpassing Shiba Inu and its 1.4 million holders. By comparison, Bonk has 731,000 holders, while Pepe has “only” 235,000.
Now, the question arises: will this strong performance continue? Prediction algorithms are highly optimistic about Notcoin’s future. According to Coincodex, the value of $NOT is expected to reach $0.0262 by the end of the year. CoindataFlow is more cautious, anticipating a year-end closing price of $0.017489. Finally, PricePrediction, the most conservative of all, predicts that Notcoin will end the year with a 10% increase compared to its current value.
What are your thoughts?
Do you believe Notcoin will continue its upward trajectory?
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