On May 16, Notcoin made its debut as a native token on the TON ecosystem. Since then, the daily trading volume of this community-driven token has experienced a remarkable increase of 897%. This latest project by Binance, which marks their 54th launchpool endeavor, has shown positive market performance. In the last 24 hours alone, Notcoin has surged by an impressive 37.90%, making it one of the top gainers in the market.
Notcoin initially emerged in 2023 as an in-game currency, granting users access to Web3 and being utilized in a clicker game. It eventually started trading on various exchange platforms, including KuCoin. Analysts predict that this token has the potential for exponential growth.
At the time of writing, Notcoin is being traded at $0.007703, with a market capitalization of $788 million. Following a recent price dip, the native token has experienced an upsurge. This bullish movement began on May 27, breaking resistance at $0.0053 and reaching a new recent high of $0.0088.
On Tuesday, there was a slight dip in Notcoin’s price as it found support at $0.0075. However, it remains among the top gainers in the market. Looking back, on its launch day, Notcoin reached its all-time high of $0.0.144, as reported by CMC data. In the following days, it experienced price declines, with the lowest point being $0.0046, an all-time low, last week.
Over the past seven days, Notcoin has shown a positive price performance of 6.26%, with bullish movements becoming evident since Monday. According to Tradingview data, the token has seen a staggering 897% increase in monthly performance, with a trading volume of approximately 1 billion. The 9-day SMA (Simple Moving Average) of $0.0059 emphasizes the token’s current upward trend.
Furthermore, the overall cryptocurrency sector has witnessed a price recovery since last week, with leading cryptocurrencies like Bitcoin and Ethereum experiencing price surges after a period of stagnation.
In other crypto news, the price of Uniswap (UNI) is facing uncertainty as investors take profits amid mixed indicators.