Notcoin (NOT) Price Gains Another 40% Gains Despite Market Wide

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Notcoin (NOT) has seen a significant price rally, reaching an all-time high with 150% weekly gains. The Telegram-based cryptocurrency has surpassed popular meme coins like Shiba Inu, BONK, and Pepe Coin in terms of on-chain holders. However, the Notcoin (NOT) Relative Strength Index (RSI) levels indicate that it is currently overbought, with a market cap of $1.218 billion. Over the last week, the Notcoin (NOT) price has surged by 150%, adding more than $640 million to its market cap.

The surge in growth aligns with the popularity of Notcoin (NOT), a play-to-earn Web3 game hosted on Telegram. The game allows users to convert their in-game currency into NOT tokens, attracting significant interest from Telegram's user base. On May 16, 2024, the Notcoin (NOT) token officially debuted at $0.009900. However, by May 23, 2024, the price underwent a pullback phase, plummeting to around $0.004500. Following this, the price experienced a significant upsurge, surpassing its previous all-time high of $0.009900.

Notcoin (NOT) entered the top 100 assets list two days ago and achieved a market capitalization of $1 billion. However, it has since surged in rankings, now standing as the 81st largest asset with a market capitalization of $1.2 billion. The Notcoin (NOT) team announced that the token boasts 1.6 million on-chain holders, surpassing popular meme coins like Shiba Inu, BONK, and Pepe in terms of holder count.