Memecoins can be quite volatile. These coins start as internet jokes and then grow to become real crypto with a fluctuating value. These coins often go through major upheavals as they primarily derive value from internet popularity. As internet fame wanes, these coins lose their value. On the flip side, these coins are simply perfect for people who want to see short-term profits.
Notcoin, or NOT, is one such meme coin currently showing good traction. In the last few hours, NOT managed to jump 10%. This sudden jump came after the project founder shared optimistic news about newer expansion. This has made users optimistic about the coin’s potential.
Sasha Plotvinov, founder of NOT, shared news about the coin’s US expansion. The founder kept the message crisp and to the point. Plotvinov wrote, “Notcoin will become available for US market tomorrow.” This sparked an immediate reaction from holders as well as speculators. After this announcement, the coin briefly touched $0.0032 before it again sank to $0.003.
Understanding NOT
NOT is primarily a meme coin that has gained traction in the last few years. The coin came to prominence due to its Telegram-based clicker game. The blockchain is operated via the clicker game and is an integral part of the system. In the game, the player manages resources and makes strategic decisions.
The coin’s simplicity and effortlessness have already catapulted it to popularity. Now, with the news of US expansion, this meme coin just increased nits value by 10%. However, memecoins can go through major upheavals at the drop of a hat. Therefore, it will be interesting to see how long the coin will sustain its bullish momentum. Follow for more crypto news.
