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<p>Notcoin (NOT) has seen an 80% increase in value in the past 2 days. This surge has propelled Notcoin to be one of the top gainer cryptos with a trading volume increase of 80% in the last 24 hours. A <a href="https://x.com/wiseadvicesumit/status/1797138412379459927?t=e_L0fYagp1FQmlo0YEr_UQ&amp;s=19" target="_blank" rel="noopener noreferrer nofollow">crypto analyst, @wiseadvicesumit,</a> shed light on several key metrics that are driving the price surge and suggested that the Notcoin rally may <em>“stop anytime soon.”</em></p>
<h2 class="wp-block-heading" id="understanding-notcoin">Understanding Notcoin</h2>
<p>Notcoin is a community token that aims to onboard users into the world of Web3 through a unique “tap-to-earn” mining mechanic. Here are some key facts about the token:</p>
<ul>
 <li>Token Name: Notcoin (NOT)</li>
 <li>Total Token Supply: 102,719,221,714</li>
 <li>Initial Circulating Supply: 102,719,221,714 (100% of the maximum token supply)</li>
</ul>
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</figure>
<p><strong>Driving Forces Behind the Rally</strong></p>
<p>Since its launch on the Binance Launchpool, Notcoin has witnessed a bullish growth in on-chain metrics, further fueling its price surge:</p>
<ul>
 <li>New Notcoin On-Chain Holders: Over 1 million new holders have joined the network.</li>
 <li>Notcoin Mints: 841,170 mints have been recorded.</li>
 <li>Decentralized Exchange (DEX) Activity: 216,530 swaps have been executed by 117,254 traders within 30 hours.</li>
 <li>NFT Voucher Swaps to Notcoin: 67,258 swaps across 16 addresses have been recorded.</li>
</ul>
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<p><strong><em>Read Also: <a href="https://captainaltcoin.com/ondo-crypto-soars-to-new-all-time-high-but-just-how-high-can-the-price-go/" target="_blank" rel="noopener noreferrer nofollow">ONDO Crypto Soars to New All-Time High, But Just How High Can the Price Go?</a></em></strong></p>
<p><strong>Fundamental Drivers</strong></p>
<p>Adding to the positive sentiment, Tonkeeper recently announced the launch of gas-free payments in USDT and Notcoin, providing further utility to the token. Moreover, a significant burn of 6.95 million Notcoin tokens last week has contributed to the price appreciation by reducing the circulating supply.</p>
<p>Based on these metrics, the Notcoin rally appears to be driven by robust fundamentals rather than mere speculation, suggesting that the upward momentum may continue for some time.</p>
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<p>The post <a href="https://captainaltcoin.com/why-is-notcoin-not-crypto-price-still-pumping-metrics-show-rally-may-not-stop-anytime-soon/" rel="noopener noreferrer nofollow">Why Is Notcoin (NOT) Crypto Price Still Pumping? Metrics Show Rally May Not “Stop Anytime Soon”</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Why Is Notcoin (NOT) Crypto Price Still Pumping? Metrics Show Rally May Not “Stop Anytime Soon”

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