The Notcoin (NOT) venture has emerged as a top-tier memecoin within the Toncoin (TON) ecosystem previously 12 months. On Friday, Could 16, the Notcoin group celebrated its first anniversary full of serious milestones led by on-chain holders and rewards distribution to the broader group.
Previously 12 months, the Notcoin meme was listed by top-tier cryptocurrency exchanges led by Binance, ByBit, and OKX amongst many others. Consequently, NOT token has managed to realize greater than 2.8 million on-chain holders, along with over $1 billion in DEX buying and selling quantity.
Furthermore, the Notcoin staff distributed greater than $220 million to the group after the Faucet-to-Earn program on Telegram messenger. As of this writing, Notcoin’s telegram account had greater than 14.5 million members.
What Subsequent for Notcoin Value?
The small-cap memecoin, with a completely diluted valuation of about $286 million and a 24-hour common buying and selling quantity of round $50 million, surged over 14 p.c previously two weeks to commerce about $0.0028 on the time of this writing.
Within the 4 hour timeframe, NOT value has been trapped in a correction part previously week after hiring an area excessive of about $0.0035 keen this week. Nonetheless, NOT value is at the moment retesting a breakout from an inverse head and shoulders sample, which may type the premise for a recent rally in direction of its all-time excessive.
The short-term bullish sentiment for NOT value can be invalidated if the memecoin breaches the help degree above $0.0028 and persistently closes beneath the appropriate shoulder within the coming days.
