Why is Notcoin up 300% over the past week?

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Notcoin became the fifth most-traded cryptocurrency on Monday, overtaking the trading volume of Circle’s USDC stablecoin, as social interest continues to drive its price action.

Notcoin became the fifth most-traded cryptocurrency on Monday, beating the trading volume of Circle’s USDC stablecoin, as social interest continues to drive its price action.

Notcoin price rose over 300% over the past week to reach a new all-time high. Can the NOT token continue its parabolic rise due to social hype?Notcoin’s price rallied over 323% during the past week, reaching a new all-time high of $0.02896 on June 2, according toIn less than two months, Notcoin, the play-to-earn game and token integrated as a Telegram Mini App, has attracted overexchange for trading on May 16.

Only two weeks after launch, Notcoin became the second most-mentioned cryptocurrency in the 12-hour timeframe, according to a June 3 X “Second most key-mentioned token on the 12-hour timeframe. One of the most key-mentioned tokens on the daily timeframe… 45% of all weekly mentions occurred in the last 24 hours, and 81% of all daily mentions happened in the last 12 hours.”Further showcasing the growing investor interest, Notcoin became the fifth most-traded cryptocurrency on the market, reaching an over $4 billion trading volume on June 3 — overtaking USD Coin's , according to crypto analyst Ali Martinez.

“The number of large Toncoin transactions has surged by 237.5% in the past 24 hours! This significant increase in $TON whale activity suggests a strategic shift in their investments and positions.”This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

 

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