Bittime - Notcoin (NOT), a crypto asset that has just been launched and is connected to the Telegram platform, is currently a hot topic of conversation. The significant price increase and the surge in the number of holders are the main highlights.
Based on an announcement on X (formerly known as Twitter) on May 30, 2024, Notcoin succeeded in surpassing the number of onchain holders (stored directly on the blockchain) of other popular meme coins.
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Among them are Shiba Inu , Bonk, and Pepe. The data shows Notcoin now has 1.6 million onchain holders, ahead of Shiba Inu (1.4 million), Bonk (731,000), and Pepe (235,000).
Also read: Notcoin (NOT) Launch Postponed, Here's Leaked Information!
This drastic increase indicates high investor interest and confidence in Notcoin. The soaring number of onchain holders has accompanied sharp price increases. In the last 24 hours, the price of NOT shot up 7% and is currently trading at around IDR 341 (equivalent to $0.02107).
This increase is part of a positive trend in the last week. The price of NOT was recorded to have increased by 130%, even though it experienced a decline of 20% in the last month.
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Notcoin's positive momentum is believed to be driven in part by a promotional staking program that recently ended. The program was successful in attracting market interest and became an indicator of strong demand.
Also read: Notcoin (NOT) Soars More than 350% in a Week, Here's the Analysis
Technical analysis shows that Notcoin's movement is bullish (tending to rise). This is characterized by a significant breakout and the closing of the first daily candle in positive territory.
Optimism around Notcoin is growing with external factors. The United States Securities and Exchange Commission (SEC) approval of an Ethereum-based ETF (Exchange Traded Fund) is welcomed.
Considering that Notcoin is built on the Ethereum blockchain, this development could indirectly have a positive impact on the value of the token.
Meanwhile, Notcoin's competitors from the meme coin camp are facing difficulty maintaining momentum. Dogecoin (DOGE), Shiba Inu (SHIB), Pepe (PEPE), Dogwifhat (WIF), and Bonk (BONK) experienced price drops of 3.54%, 2.5%, 4.5%, 7, respectively. 5%, and 10% in the same period.
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This performance comparison further highlights Notcoin's brilliant achievements. Not only has it succeeded in expanding its onchain holder base, Notcoin has also posted substantial price increases. This performance clearly differentiates Notcoin from its competitors in the meme coin space which is known to be volatile.
How to Buy Crypto on Bittime
You can buy and sell crypto assets in an easy and safe way via Bittime. Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti.
To be able to buy crypto assets on Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application.
Learn Complete Guide How to Buy Crypto on Bittime.
Monitor price chart movements of Bitcoin (BTC), Ethereum (ETH), Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.
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Notcoin (NOT) Price Prediction 2024 - 2033, Can Make Money!
Crazy, Notcoin (NOT) Listing on a Number of Crypto Exchanges in the Near Future!
Notcoin (NOT) Listing on Crypto Market Today, Already Listed on Various Major Exchanges!
DISCLAIMER: This article is informational in nature and is not an offer or invitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.
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