Naughty NOT! Notcoin Soars 335% in a Week - Flirting with Top 50 Cryptosđ
The play-to-earn token Notcoin (NOT) has captured the crypto worldâs attention with an astounding 335% surge in just a week, putting it on the brink of breaking into the top 50 cryptocurrencies.
Launched on May 16, Notcoin initially plummeted over 60%, dropping from $0.012 to $0.0050. However, the token has staged a remarkable comeback, hitting an all-time high of $0.028. Its market cap has now reached approximately $2.3 billion, and its 24-hour trading volume soared to $4.3 billion, marking a 265% increase from the previous day.
The crypto community is abuzz with Notcoinâs meteoric rise. Prominent trader Crypto Steam credits the rally to several factors: the introduction of staking functions, token burns, and market maker activities.
âAround 18 million $NOT have been burned, permanently reducing sell pressure. While this might not seem huge, investors are likely anticipating more burns in the future, as crypto valuations often defy conventional logic,â Crypto Steam remarked.
Last week, Notcoin launched "earnings missions," allowing users to earn passive rewards through various quests, which has further boosted the token's functionality and value. This feature has significantly increased community engagement.
Despite being a newcomer to the market, Notcoinâs strong community support, innovative reward systems, and endorsements from key figures signal potential for continued growth.
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