From the conclusion of the latest airdrop claim period, the cryptocurrency known as Notcoin (NOT) has witnessed a significant decline of 18.3%, dropping from $0.02071 to $0.0175. As of the time of writing, Notcoin is valued at $0.01804 with a market capitalization of $1.85 billion. Its trading volume has decreased by over twenty percent in the past twenty-four hours, amounting to $899 million. This decline aligns with a broader market correction, with Notcoin currently trading at a price 37% lower than its all-time high of $0.02896. Despite the decrease, Notcoin remains the 57th largest cryptocurrency by market capitalization, surpassing projects like Jupiter and zkSync in terms of public interest. Notcoin boasts a substantial user base of 11.5 million holders, with at least 2.5 million confirmed as on-chain participants, despite experiencing negative growth. Notcoin is a cryptocurrency in development, utilizing the TON blockchain and gaining popularity through an airdrop to users of a tap-to-earn game on Telegram. The success and attention garnered by Notcoin within the cryptocurrency community are largely due to the popularity of the associated game.
Notcoin (NOT) Cryptocurrency: Recent Price Movement and Market Position

by Giorgi Kostiuk
2 years ago

Other news
Brazil's House of Representatives Proposes National Bitcoin Reserve

Brazil's House of Representatives is exploring the establishment of a national Bitcoin reserve through Bill No. 4,501 of 2024.

CryptoQuant Report Indicates XRP Trading Volume Stabilization

A recent CryptoQuant report analyzes XRP trading volume, indicating a balance between buyers and sellers.

Analysts Highlight Key Indicators for Bitcoin's Market Bottom

Analysts highlight significant price-based benchmarks indicating Bitcoin is in a long-term accumulation phase, with key indicators suggesting a favorable position for long-term investors.

Political Dynamics Threaten Progress of Clarity Act

Scott Bessent warns that the upcoming midterm elections could jeopardize the progress of the Clarity Act, especially if Democrats gain a majority in the House.

US Treasury Secretary Advocates for Clarity Act Amid Crypto Market Volatility

US Treasury Secretary Scott Bessent emphasizes the need for the Clarity Act to stabilize the volatile crypto market.

Bitcoin Market Faces Bearish Phase Amid Price Drop

Speculations arise that the cryptocurrency market has entered a bearish phase following a significant drop in Bitcoin's price.

Be the first to know about crypto news every day
Get crypto analysis, news and updates right to your inbox! Sign up here so you don’t miss a single newsletter