Notcoin Has Become the Top Growth Leader in the Last 24 Hours
While the entire cryptocurrency market is showing scorching growth, Notcoin has pulled ahead.
Notcoin has risen in value by 13% in the last 24 hours. On a monthly basis, the growth amounted to 213%. At the time of writing, the asset is trading at $0.01604. The trading volume for the same time frame increased by 54% to just over $534 million.
The growth of the coin is due to a new initiative by the game's team to burn and redistribute tokens unclaimed by users. In a recent tweet, the team reported that it had burned about $3 million dollars in tokens. The token burning is part of Notcoin's broader strategy to improve tokenization and increase value for its users.
NOT approached the resistance level of $0.01643 but couldn't hold it and the price pulled back a bit. The bulls continue to struggle. A close above this level will push the price to the next psychological level at $0.020. The bulls also have chances to test the high of $0.0218 in the near term. The RSI is at 65, which means that the buyers have started to dominate the market.
