⭐️ Notcoin Price On The Move With Whale Accumulation: $0.1 In Sight?
Notcoin (NOT) has quickly made a name in the GameFi space. The token has merged entertainment with financial rewards in a unique way. Initially, the Notcoin price surged as its innovative approach captivated attention.
This happened because it utilized the robust infrastructure of the TON blockchain. That fueled trust among the investors and traders in this project.
The TON ecosystem’s advanced features enhance the user experience and enable Notcoin to support high transaction volumes seamlessly. However, the Notcoin price has experienced a significant decline this week, followed by an overall bearish trend.
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In the past 24 hours, it attracted significant attention. During the fall, the token rose with significant whale activity, and on-chain data suggested the potential for further inclines. Read on for an in-depth look at Notcoin crypto‘s vision, price trends, and key on-chain insights.
🔸 How Notcoin Price Unfolded?
NOT crypto is set out to be a groundbreaking platform. Its innovative approach is designed to appeal to gamers and investors. In its early market days, the token delivered impressive returns, delighting many investors.
However, after reaching its all-time high (ATH) of $0.02931 on June 2, 2024, the Notcoin price steadily declined. The decline happened within a narrowing wedge, facing persistent bearish pressure.
This downturn was largely due to a decrease in net flow from large investors. These investors, amid waning confidence in NOT’s long-term outlook, s1tarted securing profits. This wave of profit-taking by larger investors sparked accelerated selling from retail traders, who closely follow whale activity.
Over the past five months, Notcoin crypto has remained below key dynamic resistance levels. It was specifically beneath the 20-day and 50-day EMA bands.
