Notcoin's Surge in Trading Volume Alters Crypto Market Trends

The surge in trading volume of Notcoin (NOT) has brought about a significant shift in crypto market trends, surpassing Shiba Inu (SHIB) in trading volume growth. Notcoin witnessed a remarkable 67% increase in trading volume from June 12 to June 13, with a 24-hour turnover of $926.27 million, ranking it as one of the top traded cryptocurrencies.

During the same period, Shiba Inu experienced a decrease in trading volume to $555.92 million. Notcoin's price surged by 8% to reach $0.0177 per NOT, boosting its market capitalization to $1.81 billion and positioning it as the 54th largest cryptocurrency.

Notcoin's gaming concept on Telegram, where users earn NOT tokens through tapping on a virtual coin, attracted a massive user base exceeding 35 million. This popularity led to Notcoin's listing on major exchanges such as Binance, Bybit, and OKX.

The success of Notcoin has set off a wave of similar applications in the crypto market, marking a shift in user engagement trends. Nevertheless, experts are speculating on the sustainability of this trend and the endurance of user interest in such initiatives.