Recent developments in the cryptocurrency realm have been particularly notable. On one hand, the intrinsic volatility of currencies such as Bitcoin has been highlighted, with some, like Jim Cramer, reminding investors not to overlook stocks. However, U.S. Federal Reserve Chair Jerome Powell significantlly stated that Bitcoin is a competitor to gold rather than the dollar. Notably, altcoin season seems to be transitioning, no longer dependent on Bitcoin's dominance.
Observations into meme currencies have shown them to be unafraid to tap into popular markets, despite skepticism around them being gimmicks.
Notcoin (NOT), the subject of focus here, has seen its price climb and trading volume hit $1.25 billion after an airdrop. Some are predicting a major bullish breakout for NOT, and that it could jump 100% to $0.015 before 2025. Despite a 30% price drop, a significant rebound appears likely as investors buy the dip.
The
Telegram-based NOT coin has also seen considerable activity. Following initial setbacks, the coin has surged significantly, causing a stir among investors. Glassnode and other analysts have suggested that NOT's inflows could break the current consolidation.
Notcoin's launch on the TON blockchain, during which it airdropped over 80 billion tokens, seemingly bolstered its performance. Additionally, the planned burn of 210 million NOT tokens, valued at $3 million, anticipated a 100% price rally, leading to a new all-time high.
NOT Coin News Analytics from Mon, 19 Feb 2024 08:00:00 GMT to Wed, 11 Dec 2024 20:14:04 GMT -
Rating 6
- Innovation 7
- Information 8
- Rumor -3
