Notcoin (NOT), one of the popular altcoins, gained six times in value, increasing by 550% in just one week. According to TradingView data, although the NOTE price has decreased by 8% on a daily basis, this upward trend is quite remarkable.
Whale's Huge Profit:
According to Lookonchain's report, a cryptocurrency whale made an unrealized profit of $ 862 thousand from this rise of NOT. Whale purchased 46.4 billion wNOT for 50 thousand 550 TONS ($278 thousand) before the NOT was listed on the stock exchanges. Every thousand wNOTs can be replaced with one NOT.
This whale traded his entire 46.4 billion wNOT for 46.4 million NOT on May 21. It is estimated that the whale, which has not sold since then, has a profit of 862 thousand dollars.
Notcoin Attracting Investor Attention:
This sudden rise in NOTE has attracted the attention of investors. The fact that whales purchased large amounts of NOTES and made high profits in a short time leads to speculation about the future of this altcoin.
The Future of Notcoin:
It is unknown how NOT will perform in the long term. It is important for investors to do their research and consider risks before making any investment decisions.
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