Analysts predict growth of Notcoin

We figure out what is behind the growth of the token of the popular Web3 gaming project Notcoin and what to expect from NOT.

Reasons for Notcoin’s growth

According to CoinGeckoat the time of writing NOT is trading at $0.01725, up 10.2% in the last 24 hours. Notcoin has risen 20.7% in the past seven days, making the cryptocurrency stand out in a market that continues to steadily decline.

Thanks to the latest rally, Notcoin almost flew into the top 50 coins by market value. NOT currently ranks 52nd with a capitalization of $1.7 billion. The daily trading volume of the cryptocurrency, meanwhile, exceeds $1.4 billion. According to this indicator, the asset ranks eighth, behind only such giants as Bitcoin (BTC), Ethereum (ETH), Tether (USDT) and some others.

NOT was listed only a month and a half ago, on May 16. During this time, Notcoin has achieved great results. Recently, a well-known analyst in the crypto community called the gaming project’s cryptocurrency the best memecoin on the crypto market.

There are at least several reasons for the significant growth of Notcoin:

• At the end of June, developers burned $3 million of NOT tokens. This created a shortage of the asset and led to an increase in the value of the coins remaining in circulation.
• In early July, the project team presented a new project aimed at developing the cryptocurrency gaming ecosystem in Telegram. The accelerator, created in partnership with the analytical platform Helika, will focus on developers of mini-applications that are inside the messenger based on the blockchain The Open Network (TON).

What’s next for Notcoin

Many analysts are confident that July will be a good month for Notcoin. For example, a well-known crypto community expert under the nickname Paxton in X (formerly Twitter) awaits further growth of TON, which could potentially bring profits of 300%.

Paxton named $0.023000, $0.035000 and $0.065000 as the next targets for the asset.

Some also say that Notcoin has broken the downward trend and is now heading for an 80-90% increase. Another popular investor and enthusiast under the nickname Crypto Virtuous emphasizedthat in the last three days alone, the price of NOT has jumped by 70%, and the market value by more than 50%.

The coin of the Web3 gaming project Notcoin is generating significant interest among crypto analysts and investors. Despite recent corrections, many experts predict confident growth of the asset in the near future. If current forecasts come true, July could become a turning point for NOT, opening up new opportunities for investors and strengthening the cryptocurrency’s position in the market.

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