Notcoin has been the talk of the day, as notcoin’s price has kept rising in recent times.
Notcoin’s Price and Trading Volume
Notcoin (NOT) has recently experienced a significant price surge, catching the attention of many in the crypto market.
Over the past 24 hours, Notcoin’s price rose by 4.22%, reaching a value of $0.02009. This upward trend has been even more impressive over the last week, with a 15.66% increase.
One of the key factors behind Notcoin’s price rise is the substantial trading volume it has generated. In the last 24 hours, the trading volume for Notcoin exceeded $1 billion, indicating a strong market interest and significant buying pressure.
Notable whale activity has also played an important role. Large holders of Notcoin have been active in the market, leading to a 400% price increase within a seven-day period.
The Relative Strength Index (RSI) for Notcoin is at 74.27, indicating that the token is in an overbought state.
This suggests that a price reversal could occur soon. When Notcoin hit an all-time high of $0.029, its trading volume peaked at $4 billion.
See Also: Notcoin Hit Over $1B Trading Volume
Comparison with Bitcoin and Ethereum
Notcoin (NOT) has recently demonstrated an impressive performance that stands out in comparison to leading cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH).
While Notcoin has been on an updtrend, Bitcoin and Ethereum have experienced more modest movements.
Bitcoin’s price added by 7.22%, reaching $65,103 before slightly rising back above $66,000. Despite this increase, Bitcoin’s overall market trend has been relatively stable compared to Notcoin’s rapid ascent.
The significant trading volume and high market capitalization of Bitcoin often result in less dramatic price fluctuations than smaller, emerging cryptocurrencies like Notcoin.
Ethereum, another major player in the crypto market, saw its price drop to $3,381 recently. Similar to Bitcoin, Ethereum’s large market capitalization and adoption contribute to more to it’s growth.
The on-chain sentiment for Notcoin has been increasingly positive, as indicated by a significant rise in the Weighted Sentiment indicator from 0.178 to 0.617.
In conclusion, Notcoin’s recent performance shows its a good investment opportunity, distinct from the trends observed with Bitcoin and Ethereum.
Join our telegram community just in case you have not joined, we share lots of crypto market insights, give information on opportunities like this one and also make calls on tokens. You can also attend our AMA sessions on the telegram community, where we share other insights on other earning opportunities
Discover more from Dipprofit
Subscribe to get the latest posts sent to your email.
