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The cryptocurrency whose value increased by more than 78% in a week is named

1:22 pm, May 29, 2024

Editor’s note: not financial advice!

According to CryptoQuant, Notcoin (NOT) cryptocurrency quotes have increased by 34% in the last day alone. According to experts, the digital currency rate soared by 78% in a week. Analysts have studied the situation on the virtual token market from the moment of listing to the present day.

NOT token was added by such major cryptocurrency exchanges as Binance, OKX, and Bybit. The rest were distributed in wallets and on the centralized platforms of OKX and Bybit. Along with the token launch, the Notcoin team also launched an airdrop. About 80.2 billion. NOT were distributed among the project’s community members on The Open Network (TON). Another 7.9 billion NOT can already be exchanged for NFT vouchers, which have been sold on the Getgems platform since early March. According to experts, this diversified approach helps to attract users to several trading platforms at once.

NOTCOIN’s listing on the main exchange has had a significant impact on network activity and market trends. At the beginning of trading, traders provided large volumes of transactions and a sharp increase in the number of addresses, but later these indicators, as well as the token price, decreased. However, analysts noted an interesting trend.

Large groups of owners (from 100,000 NOT to 1 million NOT) continue to accumulate assets. This indicates long-term confidence and the potential for future price growth. In addition, the active distribution of incentives for community members through token giveaways on various platforms has been crucial in promoting user engagement and the spread of Notcoin.

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BTC

$95,502.82

-0.78%

ETH

$3,314.59

-0.47%

BNB

$661.72

0.83%

XRP

$2.20

-0.69%

SOL

$184.03

1.64%

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