Notcoin (NOT): A Newcomer to the Crypto Market and Its Price Analysis
Over the past day, Notcoin, a well-known cryptocurrency based on Telegram, has seen a significant increase in price. The trade volume has increased significantly during this rise, exceeding SHIB’s. With a 128.51% increase in trade volume to $1.3 billion, investors’ interest is clearly expanding.
The Rise in Market Cap of Notcoin
Users of the innovative Telegram game project Notcoin can win NOT tokens by tapping a virtual coin. This straightforward but With over 35 million players, the captivating game has led to Notcoin’s listing on well-known cryptocurrency exchanges including Binance, Bybit, and OKX.
Because of the game’s popularity, several apps have been made, increasing user involvement in the cryptocurrency market. Notcoin is now the 49th largest cryptocurrency with a market capitalization of $2 billion thanks to its recent increase.
This places it in direct rivalry with the recently dropped prices of Optimism (OP), Maker (MKR), and VeChain (VET).
Analysis of Notcoin Prices
Notcoin is rising significantly, suggesting that a bull market phase may be approaching go ahead. Given that Notcoin’s Relative Strength Index (RSI) is 58, it appears to be neither overbought nor oversold. The coin is about to go up against the $0.03 resistance level.
Notcoin’s price may increase towards $0.05 and possibly reach $0.1 by the end of June if this trend persists. Notcoin, which has a $2 billion market capitalization, is currently selling at $0.0198, indicating a 4.5% decrease in price over the previous day.
SOURCE : Coinpedia