As a seasoned crypto investor with a keen eye for emerging trends, I’ve witnessed my fair share of market fluctuations. The sudden surge in trading volume and price increase of Notcoin (NOT) has certainly piqued my interest. With its unique tap-to-earn gaming model within Telegram, NOT has quickly gained traction among users, attracting over 35 million participants.
As an analyst, I’ve noticed a striking shift in the crypto market’s focus recently with Notcoin (NOT) leading the charge. According to CoinMarketCap, NOT’s trading volume surged by over 67% from June 12 to June 13, reaching a staggering $926.27 million within a single day. Consequently, NOT ranked as the 12th most actively traded crypto asset on Thursday.
During the same timeframe, Notcoin experienced an increase in trading activity that enabled it to outperform Shiba Inu (SHIB), with a notable trading volume of $XXX million. Meanwhile, SHIB recorded a trading volume of $555.92 million but saw a 36% decrease compared to the previous day.
Concurrently, the value of Notcoin climbed by 8% to hit $0.0177 apiece, thereby lifting its market capitalization to a staggering $1.81 billion, securing its place among the top 54 cryptocurrencies by size.
In a fun and engaging Telegram game called Notcoin, users tap on a virtual coin to earn NOT tokens. With over 35 million players drawn in, this tap-to-earn sensation has made waves in the crypto world, landing NOT tokens on renowned exchanges such as Binance, Bybit, and OKX.
The thriving success of Notcoin has sparked a wave of imitators, generating a fresh trend in crypto user engagement. Nevertheless, there are growing doubts among industry specialists about the longevity of this trend. They raise valid questions regarding the duration of the ensuing interest and involvement within the cryptocurrency sphere.
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2024-06-13 19:24