Price Analysis
  • Steve Muchoki
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    Steve is a crypto news writer with a passion for decoding market moves. He blends breaking blockchain news with sharp technical analysis and bold price predictions. From Bitcoin rallies to altcoin breakouts, Steve breaks it all down with clarity and insight. Whether you're a trader or just curious, his analysis keeps you ahead of the curve.

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    Notcoin Celebrates 1st Anniversary: What Next for NOT Price?

    Story Highlights
    • Notcoin celebrates 1 year with 2.8M holders, $1B+ DEX volume, and $220M rewards via Tap-to-Earn on Telegram.

    • NOT price eyes fresh rally after breakout; support at $0.0028 crucial to maintain bullish momentum.

    The Notcoin (NOT) project has emerged as a top-tier memecoin in the Toncoin (TON) ecosystem in the past year. On Friday, May 16, the Notcoin community celebrated its first anniversary full of significant milestones led by on-chain holders and rewards distribution to the wider community.

    In the past year, the Notcoin meme was listed by top-tier cryptocurrency exchanges led by Binance, ByBit, and OKX among many others. As a result, NOT token has managed to achieve more than 2.8 million on-chain holders, in addition to over $1 billion in DEX trading volume.

    Moreover, the Notcoin team distributed more than $220 million to the community after the Tap-to-Earn program on Telegram messenger. As of this writing, Notcoin’s telegram account had more than 14.5 million members.

    What Next for Notcoin Price?

    The small-cap memecoin, with a fully diluted valuation of about $286 million and a 24-hour average trading volume of around $50 million, surged over 14 percent in the past two weeks to trade about $0.0028 at the time of this writing.

    Avalancheโ€˜s Explosive Growth

    In the four hour timeframe, NOT price has been trapped in a correction phase in the past week after hiring a local high of about $0.0035 eager this week. However, NOT price is currently retesting a breakout from an inverse head and shoulders pattern, which could form the basis for a fresh rally towards its all-time high.

    The short-term bullish sentiment for NOT price will be invalidated if the memecoin breaches the support level above $0.0028 and consistently closes below the right shoulder in the coming days.

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