Notcoin was launched on May 16 as the native token of the TON ecosystem.
The native token’s daily trading volume grew by 897%.
Notcoin was launched on Telegram Open Network (TON) on May 16. It is the 54th project to be launched on Binance’s pool. Since its launch, this community-driven token has shown a positive market price performance. In the past 24 hours, it has surged by 37.90%, becoming one of the top gainers in the market.
Notcoin was launched in 2023 as an in-game mining currency. It allows users to access Web3 and is used for clicker games. It began trading on multiple exchanges including KuCoin. Analysts expect the coin to have the potential for exponential growth.
Notcoin 24-hour price analysis
At the time of writing, Notcoin is trading at $0.01081 with a market cap of $788 million. The native token has been seeing an upward momentum since last week’s price drop. The bullish move began late on May 27, breaking through the resistance at $0.0053 and surging to a new daily high of $0.011.
On Tuesday, the token’s price fell slightly, falling to the $0.0075 support level. Currently, NOT remains one of the currencies with the largest gainers on the market. According to CMC data, Notcoin hit an all-time high of $0.0.144 on the day of its launch. In the following days, its price began to fall, and last week the market price fell to $0.0046 (an all-time low).
Notably, Notcoin’s price has increased by 78% over the past seven days, with a bullish trend since Monday. Notcoin’s monthly performance is up a massive 897% with a trading volume of around 1 billion, according to Tradingview data. The 9-day SMA is $0.0059, highlighting the coin’s current uptrend.
Additionally, the entire cryptocurrency industry has seen a price recovery since last week. The prices of leading cryptocurrencies such as Bitcoin and Ethereum have surged from what was previously a flat market.
