Notcoin (NOT) Soars 66% in Volume: Here’s Why

Notcoin (NOT) Soars 66% in Volume: Here's Why

Notcoin (NOT) is generating buzz in the market with notable gains today. At the time of writing, the token has emerged 8.72% to $0.01571. It is worth noting that this significant price increase comes amid ongoing consolidation in the broader cryptocurrency market.

Notcoin (NOT) is making waves in the market with notable gains today. At the time of writing, the token has emerged 8.72% to $0.01571. Notably, this significant price jump comes amid ongoing consolidation in the broader crypto market.

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Moreover, Notcoin’s 24-hour trading volume has skyrocketed by 66.21% to $559.3 million. This increasing trading activity indicates bullish investor sentiment regarding the coin. But more importantly, the NOT price has been performing well over the past few weeks.

In fact, the coin is up 212.19% over the past 30 days. This massive jump in price shows how Notcoin has outperformed other major cryptocurrencies in the market over this period. Surprisingly, today’s surge suggests that NOT is not slowing down and may maintain its upward momentum.

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Great development for Notcoin

Notcoin, a token to play and win TON (The Open Network), has also witnessed significant advancements in the recent past. Today’s Notcoin price surge comes on the heels of a major update from the team behind the coin.

On June 25, the Notcoin team Announced a massive burn event of the coin, as $3 million worth of NOT was sent to dead wallets. This burn event was a strategic development as the team aims to optimize NOT’s tokenomics alongside the overall ecosystem.

In the same announcement, the Notcoin team revealed that it is starting an incentive program for its users. It was announced that around $4.2 million will be awarded as an incentive to Gold and Platinum users of Notcoin Explore.

In light of these developments, traders seem very optimistic about NOT’s prospects. The latest increase in price, along with trading volume, shows that the community is supporting the coin. NOT price is likely to benefit and maintain its rally.

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