Notcoin Astonishes with 69 Surge in Only 3 Days Defying the Bear

In the midst of Bitcoin’s recovery from last week’s market slump, a new contender has emerged: Notcoin (NOT). This meme coin, built on Toncoin as part of the GamiFi project on Telegram, has experienced a staggering 69% surge in value over the past three days, currently trading at around $0.0171 during the mid-London session on Monday.

Notcoin, classified as a mid-cap altcoin with a market valuation of approximately $1.7 billion, has witnessed a significant increase in its daily trading volume, which has risen by over 10% in the last 24 hours to reach around $1.2 billion. This remarkable growth reflects the growing interest and confidence of investors in the coin.

One of the key factors contributing to the success of the Notcoin project is its association with Telegram, a platform known for its global reach. Leading cryptocurrency exchanges such as Binance and Bybit have already listed the NOT token, further increasing its visibility and accessibility.

On-chain data reveals that Notcoin boasts a total liquidity of nearly $5 million in TON and $1.5 million in Tether (USDT), with approximately 2.44 million holders. This strong financial foundation supports the coin’s rising influence in the market.

What sets Notcoin apart is its community-driven approach and its mission to integrate users into the Web3 ecosystem through its interactive tap-to-earn game. The project recently introduced Notcoin Explore, which has quickly garnered interest from over 200 Web3 projects eager to connect with its 22.5 million users.

Despite the generally bearish trend in the meme coin sector in recent weeks, NOT has demonstrated resilience and benefited from the expanding Toncoin (TON) ecosystem. From a technical standpoint, the price of NOT has recently closed above the 50-day moving average (MA), with the Relative Strength Index (RSI) rebounding from oversold conditions.

Looking ahead, the price of NOT is targeting $0.022, aligning with the daily 0.618 Fibonacci Retracement level, suggesting the potential for further gains.

So, will NOT continue to defy the slump in the meme coin market? Stay tuned to find out!

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Altcoins
Price Analysis