Notcoin Outperforms Bitcoin and Ethereum in Multiple Regions, Signaling a New Era for Tokens
- PHPzOriginal
- 2024-07-20 05:19:59934browse
Notcoin ($NOT) has reportedly outperformed some of the top cryptocurrencies; however, the effect was only limited to certain regions. It surpassed the likes of Ether, Bitcoin, PEPE, and Solana across Africa, South America, Australia, Europe, and Asia.
Notcoin ($NOT) outperformed some top cryptocurrencies, but the effect was limited to certain regions. It surpassed Ether (ETH), Bitcoin (BTC), PEPE, Solana (SOL), and TON across Africa, South America, Australia, Europe, and Asia.
The specific reason for this uptick is unclear, but the community is excited about it. It is speculated that Notcoin will continue this momentum for a bit longer.
For reference, NOT is trading at 0.0165, up 3.57% in the last 24 hours and 2.26% in the last 7 days. The potential cause of the surge is the Binance listing, which acted as a catalyst for an upward trajectory, and only now is Notcoin showing its strength. Alternatively, the overall sentiments within the crypto market might have triggered this rise.
In Africa, Notcoin recorded a growth of 25.36%. It is gaining popularity among people in Africa, along with other digital assets. Coming to Asia, it recorded a growth of 31.78%, surpassing PEPE, TON, and ETH. The rise is credited to the growing adoption and recognition across the Asian market. Its growth in Australia and South America is 10.67% and 11.81%, respectively.
The rise of Notcoin has brought optimism to the entire crypto landscape. Its impressive performance is believed to mark a significant milestone, indicating that tokens can carve their way into the price graph without relying on flagship tokens. Plus, outperforming top tokens is a sign that it is not always the case that a token has to wait for an uptick in its value.
Its market cap is also up by 3.92%, while the 24-hour trading volume has dipped by 27.25% at the press time. Overall sentiments are bullish for Notcoin, and near-term predictions project a better number for NOT. The next 5 days are expected to see a jump of 30.44% to $0.021211. The next 30 days could see a surge of 229.91% from the current value, taking the number as high as $0.053648. Notcoin’s 14-day RSI is 58.64, and its FGI is 68 points. Its volatility is currently at approximately 10.86%.
Interestingly, the development comes at a time when Bitcoin and Ethereum are attempting a massive rebound from their recent lows. A higher value of BTC is driven by net inflows into the Spot Bitcoin ETF. The Spot Bitcoin ETF has recorded an inflow of over $400 million for the eighth consecutive day, which indicates increasing acceptance and awareness of the cryptocurrency product. Similarly, the Spot Ether ETF is set to hit the floor on July 23, 2024, and fetch better returns in the next 18 months.
BTC was last seen exchanging hands at above $65,000, and ETH was listed at $3,400 on the board. NOT holders expect the token to surpass flagship digital assets in more regions to showcase its rise and dominance.
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