Notcoin

Gold

Notcoin price, a Telegram-based cryptocurrency, has seen a surge in market activity in the past 24 hours following a bullish trend. The price is recovering after recent market corrections. The token hovered at $0.0157 with a 9% surge during the European trading session on Wednesday, according to <a rel="nofollow" href="https://coinmarketcap.com/currencies/notcoin/">CoinMarketCap</a> data.&nbsp; 
The 24-hour trading volume reached $547 million, marking a significant increase in trading interest and liquidity for Notcoin. The market cap of Notcoin has reached $1.6, securing its position as the 53rd largest cryptocurrency by market capitalization. 
<h2 id="span-style-font-weight-400-notcoin-price-analysis-is-there-a-new-bull-run-on-the-horizon-span">Notcoin Price Analysis: Is There a New Bull Run on the Horizon?</h2> 
<a href="https://coingape.com/is-this-telegram-game-the-next-notcoin-not-know-all-here/">Notcoin</a> is making notable strides in cryptocurrency, recently surpassing the critical $0.015 value threshold. This surge in price is turning heads, especially with the potential for further growth paralleling Bitcoin’s upward trajectory.&nbsp; 
Notably, Notcoin reached an all-time high of $0.02896 on June 2, 2024, after hitting its lowest value of $0.004605 just days earlier on May 24, 2024. 
<figure id="attachment_204471" aria-describedby="caption-attachment-204471" style="width: 100%" class="wp-caption aligncenter">
 <img decoding="async" class="size-full wp-image-204471" src="https://coingape.com/wp-content/uploads/2024/06/NOTUSDT_2024-06-26_14-31-02.png" alt="Notcoin Price Forecast: Will Strategic Burns Propel NOT to $1 Mark?" width="1292" height="686" srcset="https://coingape.com/wp-content/uploads/2024/06/NOTUSDT_2024-06-26_14-31-02.png 1292w, https://coingape.com/wp-content/uploads/2024/06/NOTUSDT_2024-06-26_14-31-02-300x159.png 300w, https://coingape.com/wp-content/uploads/2024/06/NOTUSDT_2024-06-26_14-31-02-1224x650.png 1224w, https://coingape.com/wp-content/uploads/2024/06/NOTUSDT_2024-06-26_14-31-02-768x408.png 768w, https://coingape.com/wp-content/uploads/2024/06/NOTUSDT_2024-06-26_14-31-02-150x80.png 150w" sizes="(max-width: 1292px) 100vw, 1292px">
 <figcaption id="caption-attachment-204471" class="wp-caption-text">
 Notcoin Price Forecast
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</figure> 
In the past 30 days, Notcoin’s value has soared by 130%, following a significant market uptick. Meanwhile, the <a href="https://coingape.com/notcoin-not-price-soars-5-as-210m-coins-burnt-whats-happening/">NOT</a> price has climbed 2%, fluctuating between $0.013 and $0.015. The cryptocurrency sector has faced notable instability, affecting several tokens, including Notcoin. 
The Notcoin community has played a pivotal role in this resurgence by burning $3 million worth of tokens, equating to 210 million NOT. The <a rel="nofollow" href="https://tonviewer.com/transaction/151d40893ece5c879f4e0cda174570004261fd05e32e9059e647be05899bb874">Tonviewer</a> tracks this strategic reduction in circulation, which is a key component of their ongoing market strategy. 
<blockquote class="twitter-tweet"> 
 Notcoin Tokenomics is now extremely community oriented. 
 Notcoin worth $3M just burned from the emission <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f525.png" alt="🔥" class="wp-smiley" style="height: 1em; max-height: 1em;"> 
 $4.2M will go as incentive for Gold and Platinum users of Notcoin Explore (thank you guys) <a rel="nofollow" href="https://t.co/70vXTWk5YE">pic.twitter.com/70vXTWk5YE</a> 
 — Notcoin Ø (@thenotcoin) <a rel="nofollow" href="https://twitter.com/thenotcoin/status/1805565102466220523?ref_src=twsrc%5Etfw">June 25, 2024</a>
</blockquote> 
Moreover, the community has earmarked $4.2 million in Notcoin to incentivize its top-tier Gold and Platinum users. According to recent statements, 94% of all Notcoins are distributed among 11.5 million users, including traders, miners, and stakers. The remaining 5.8% is held in a treasury for future technological and community advancements. 
<h2 id="span-style-font-weight-400-technical-indicators-provide-mixed-signals-for-not-span">Technical Indicators Provide Mixed Signals for NOT</h2> 
If the bullish trend continues, <a href="https://coingape.com/markets/notcoin-price-prediction-how-far-can-the-bullish-trend-go-in-june/">Notcoin price</a> may soon challenge its resistance level, currently pegged at $0.016. This digital currency’s ascent could propel its value to $0.05, potentially reaching $1 by month’s end. 
Conversely, a downturn in market sentiment could force Notcoin to retreat to a support level of around $0.015. If this negative trend persists, the price may dip to approximately $0.014, signaling a bearish phase for the currency. 
The 4-hour technical indicators for Notocoin reveal a mixed market sentiment. The <a href="https://coingape.com/glossary/rsi-relative-strength-index">Relative Strength Index</a> (RSI) currently stands at 58, indicating neither overbought nor oversold conditions but hovering near the upper threshold of the neutral zone. 
The Moving Average Convergence Divergence (MACD) shows a narrowing gap between the MACD line and the signal line, suggesting a potential weakening in momentum or a consolidation phase.&nbsp; 
<figure id="attachment_204473" aria-describedby="caption-attachment-204473" style="width: 100%" class="wp-caption aligncenter">
 <img decoding="async" class="size-full wp-image-204473" src="https://coingape.com/wp-content/uploads/2024/06/NOTUSDT_2024-06-26_14-29-19.png" alt="Notcoin Price Forecast: Will Strategic Burns Propel NOT to $1 Mark?" width="1292" height="686" srcset="https://coingape.com/wp-content/uploads/2024/06/NOTUSDT_2024-06-26_14-29-19.png 1292w, https://coingape.com/wp-content/uploads/2024/06/NOTUSDT_2024-06-26_14-29-19-300x159.png 300w, https://coingape.com/wp-content/uploads/2024/06/NOTUSDT_2024-06-26_14-29-19-1224x650.png 1224w, https://coingape.com/wp-content/uploads/2024/06/NOTUSDT_2024-06-26_14-29-19-768x408.png 768w, https://coingape.com/wp-content/uploads/2024/06/NOTUSDT_2024-06-26_14-29-19-150x80.png 150w" sizes="(max-width: 1292px) 100vw, 1292px">
 <figcaption id="caption-attachment-204473" class="wp-caption-text">
 Notcoin Price Forecast| Source: <a rel="nofollow" href="https://www.tradingview.com/x/nWeTXmKp/">TradingView</a>
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</figure> 
The Chaikin Money Flow (CMF) indicator remained relatively stable, suggesting a balanced flow of money in and out of Notocoin. Meanwhile, the Awesome Oscillator (AO), which measures market momentum, showed decreasing green bars turning red, indicating a shift from bullish to bearish momentum as the month progressed. 
The post <a href="https://coingape.com/markets/notcoin-price-on-fire-can-strategic-burns-drive-not-towards-1-milestone/">Notcoin Price on Fire: Can Strategic Burns Drive NOT Towards $1 Milestone?</a> appeared first on <a href="https://coingape.com">CoinGape</a>.

Notcoin Price on Fire: Can Strategic Burns Drive NOT Towards $1 Milestone?

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