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What does NOT price mean
Notcoin from the TON blockchain made headlines by burning $3 million worth of tokens, a move that caught the attention of cryptocurrency traders and investors. This significant consumption comes with impressive tokenomics and ongoing development efforts, setting the stage for potential future growth.
Read on to learn more about the development.
Notcoin Tokenomics and Market Presence: A General Overview
Notcoin boasts impressive tokenomics, with 94.18% of all tokens held by 11.5 million people, including cryptocurrency traders, miners and stakers. The remaining 5.82% is held in the treasury for further development. This distribution shows widespread adoption and trust in the token among its users.
As of June 25, 2024, Notcoin price is $0.0142. At the beginning of the month, on June 1, it was around $0.0128. The token recorded a monthly high of $0.0227 on June 4 and recorded another high of $0.0210 on June 24. Despite the recent weakening, the token has a notable 30-day change of +188.2%, although its 7-day change is -8.0%. . In the last 24 hours the price of the token increased by +6.4%.
Notcoin’s 24-hour trading volume is as much as $422,978,077, with a market capitalization of $1,462,525,309. These figures highlight the token’s significant market presence and the high level of commercial activity surrounding it.
Notcoin Future: continuous developments
The Notcoin team is actively working on updates to their Telegram bot, with Phase 3 updates to be released soon. These updates are expected to improve user experience and functionality, potentially driving further adoption and usage of Notcoin.
With significant token consumption, robust tokenomics, and ongoing development efforts, Notcoin is positioned for continued interest and growth in the cryptocurrency market.