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Emerging player in the crypto market
Notcoin, a popular Telegram-based cryptocurrency, has seen a notable price increase in the last 24 hours. This increase comes with an impressive increase in trading volume, surpassing that of SHIB. With a 128.51% jump in trading volume to US$1.3 billion, highlighting growing interest from investors.
Notcoin increases in market value
Notcoin is a unique game project on Telegram, where users do NOT earn tokens by tapping a virtual currency. This simple yet engaging game attracted over 35 million participants and led to Notcoin’s listing on major crypto exchanges like Binance, Bybit, and OKX.
The game’s success inspired similar applications, increasing user engagement in the crypto market. With its recent rise, the market value of Notcoin reached US$ 2 billionmaking it the 49th largest cryptocurrency.
This puts it in close competition with VeChain (VET), Maker (MKR), and Optimism (OP), which have all seen price drops recently.
Notcoin Price Analysis
Notcoin is experiencing a notable increase, indicating the potential for a bullish period ahead. The Relative Strength Index (RSI) stands at 58, suggesting that Notcoin is neither overbought nor oversold. The cryptocurrency is set to test the $0.03 resistance level soon.
If this trend continues, the price of Notcoin could rise to $0.05 and potentially reach $0.1 by the end of June. trading at $0.0198reflecting a 4.5% drop in price in the last 24 hours, with a market value of US$2 billion.