On Friday, June 14, the price of Notcoin (NOT) rose nearly 20%, paving the way for meme coins amid the strong performance of BTC and ETH, marking the token’s best performance in weeks.
On Friday, June 14, the price of Notcoin (NOT) rose nearly 20%, paving the way for meme coins amid the strong performance of BTC and ETH, marking the token’s best performance in weeks.
This could be due to the fact that Coinbase recently announced that it will be adding Notcoin perpetual futures on Coinbase International Exchange and Coinbase Advanced starting June 20. Some of these gains are attributed to the news that Binance will expand trading options for NOT, which officially listed in May 2024.
The weekly chart shows a massive NO spike, although a 4% correction occurred shortly after. At the time of this publication, NOT is trading at $0.019.
Notcoin is a gaming token with over 35 million users. Since February, it has been skyrocketing, with a staggering 400% increase in May alone. Last week, NOT also saw a massive 67% increase in daily trading volume, surpassing Shiba Inu with $926.27 million.
NOT’s market capitalization currently stands at $19 billion.
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NOT’s price trajectory is aligned with TON’s recent high performance. The Telegram-based network saw a small drop in early June, but last week, the token’s price skyrocketed from $7.25 to $8.25.
Driven by Telegram’s 900 million user base, TON has surpassed Ethereum in the number of new addresses, ensuring a positive outlook for the rest of the month.
According to analyst Ali Martínez, TON currently eyes a massive 40% bull run, targeting the $11 target.
#Toncoin It is preparing for a possible 40% breakout, aiming for $11! However, the TD Sequential indicator suggests $TONNES could briefly drop to $7.2 to gather liquidity before the rally. pic.twitter.com/jMoZ1ugEga
—Ali (@ali_charts) June 13, 2024
