In just one week, Notcoin (NOT), a TON-based meme coin, has stunned the crypto world with a remarkable 440% surge, reaching from 0.005 to 0.027, and many have taken profit following the pump.
Notcoin surged 40% on Sunday, reaching an all-time high of $0.029, while maintaining its upward trajectory as other cryptocurrencies paused. At the time of this report being published, NOT is trading at $0.02094, boasting a market cap of $2.15 billion.
The standout feature of Notcoin’s recent surge is its daily transaction volumes, which soared by a whopping 200%, surpassing $4.6 billion in 24 hrs. This surge places Notcoin as the fourth most traded cryptocurrency in the market currently.
Analysts credit Notcoin’s success to its integration with Telegram’s massive user base. Despite a lukewarm response to its recent airdrop initially, Notcoin has turned the tide, evident in its price surge.
Notcoin’s popularity is further fueled by its innovative approach to user engagement. The platform offers simple games and tasks to earn NOT tokens, with recent additions like “earnings missions” enabling passive token accumulation.
With its user-friendly gameplay and social media integration, Notcoin is poised to capitalize on the rising play-to-earn trend. Market experts predict potential gains for Notcoin, with the price potentially aiming for $0.1.
Additionally, on-chain data from Lookonchain highlights a surge in whale activity within the Notcoin ecosystem. A notable investor, or “whale,” has an unrealized profit of $862,000 on $NOT.
This whale converted $TON into $wNOT before the listing, and after that exchanging 46.4 billion $wNOT for 46.4 million $NOT, reaping significant profits. As the frenzy around Telegram mini apps persists, Notcoin’s bullish momentum is expected to continue, targeting higher price levels.
Notcoin’s staggering surge of 400% in one week, along with its record-breaking daily transaction volumes, positions it as a formidable player in the crypto market, showcasing its potential for further growth and investor interest.
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