Notcoin (NOT), a cryptocurrency on the TON blockchain, has recently surged over 30% in its monthly chart. This rally is due to several key factors.
Firstly, major exchanges Binance and Coinbase have extended support, with Binance introducing a NOT/BRL trading pair and Coinbase planning to launch NOT perpetual futures on June 20. Additionally, Coinglass data shows a rise in NOT Futures Open Interest to $247.06 million, signaling increased investor interest.
Market technicals also indicate a bullish trend, with the RSI at 61, suggesting more room for growth. Furthermore, Notcoin’s user base has grown to 40 million, boosted by Telegram’s ‘Tap-to-Earn’ games and its massive 900M user base.
Lastly, NOT mirrors the uptrend of TON, which has gained 15% in the past month. This demonstrates the growing adoption of Telegram-related projects.
Overall, these factors highlight Notcoin’s strategic importance and potential for long-term growth in the crypto market.
