In the past 24 hours, the value of the cryptocurrency Notcoin (NOT) surged by 59%, and, according to the trader known as Zen, the growth will continue.

On May 16, after Notcoin was listed on cryptocurrency exchanges, many airdrop participants rushed to sell their tokens, causing the price to plummet by more than half in just a few hours. However, on May 25, a bullish trend began. By Monday, the growth accelerated, and the price of NOT on the Binance exchange reached $0.0089.

Zen predicted that the bullish rally would continue if buyers could overcome the resistance at $0.0068. The bulls successfully breached this level, and therefore, Zen believes that in the medium term, the price of NOT will continue to rise. He recommends buying tokens during price corrections to increase potential profit.

In comments to Zen's publication, a trader who bought Notcoin explained why NOT should appreciate in the long term. First, the NOT coins are not planned to be unlocked and allocated to venture funds. Second, the tokens were fairly distributed among members of the crypto community. Third, the number of Notcoin holders is 1.3 million, exceeding the number of long-term holders of meme tokens Pepe coin (PEPE) and FLOKI (FLOKI).