{"id":611517,"date":"2024-06-05T08:30:41","date_gmt":"2024-06-05T08:30:41","guid":{"rendered":"https:\/\/www.wncen.com\/?p=611517"},"modified":"2024-07-10T14:41:01","modified_gmt":"2024-07-10T14:41:01","slug":"altcoin-alert-notcoin-not-poised-for-explosive-growth-analyst-says","status":"publish","type":"post","link":"https:\/\/www.wncen.com\/news\/altcoin-alert-notcoin-not-poised-for-explosive-growth-analyst-says\/","title":{"rendered":"Altcoin Alert: Notcoin (NOT) Poised For 5x Growth, Analyst Says"},"content":{"rendered":"<p data-sourcepos=\"3:1-3:125\"><span id=\"input-sentence~1\">Discussed extensively in the bitcoin scene is Notcoin (NOT), a recently launched altcoin experiencing explosive rise. Market expert Micha\u00ebl van de Poppe has fueled the flame with a bold prognosis, a likely 2-5x surge for NOT against Bitcoin (BTC).<\/span><\/p>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/www.wncen.com\/news\/banks-bust-bitcoin-booms-price-skyrockets-40-during-us-banking-crisis\/\" target=\"_blank\" rel=\"noopener \">Banks Bust, Bitcoin Booms: Price Skyrockets 40% During US Banking Crisis<\/a><\/div>\n<h2 data-sourcepos=\"5:1-5:54\"><strong>From Underdog To Market Mover<\/strong><\/h2>\n<p data-sourcepos=\"7:1-7:25\"><span id=\"input-sentence~1\"><a href=\"https:\/\/www.coingecko.com\/en\/coins\/notcoin\" rel=\"nofollow\">Notcoin<\/a> sprang onto the market and shot 600% in just a few weeks. Analysts credit this first increase on exchange listings on big platforms like Binance and OKX, which created a lot of liquidity and investor interest.<\/span><span id=\"input-sentence~2\"><br \/>\n<\/span><\/p>\n<p data-sourcepos=\"7:1-7:25\">Notcoin showed extreme price swings while Bitcoin had a more constant posture. Notcoin&#8217;s daily trading volume once even exceeded Ethereum&#8217;s, evidence of its recently acquired popularity.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\"><a href=\"https:\/\/twitter.com\/hashtag\/Altcoins?src=hash&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow\">#Altcoins<\/a> are going to do well, and I think <a href=\"https:\/\/twitter.com\/search?q=%24NOT&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow\">$NOT<\/a> has been signalling a lot.<\/p>\n<p>I&#8217;m suggesting that many of these can be doing a 2-5x against Bitcoin in the coming four months.<\/p>\n<p>Which ones are you holding in your portfolio?<\/p>\n<p>\u2014 Micha\u00ebl van de Poppe (@CryptoMichNL) <a href=\"https:\/\/twitter.com\/CryptoMichNL\/status\/08018930?ref_src=twsrc%5Etfw\" rel=\"nofollow\">June 4, 2024<\/a><\/p><\/blockquote>\n<h2 data-sourcepos=\"9:1-9:45\"><strong>Bullish Indicators: A Trader&#8217;s Paradise?<\/strong><\/h2>\n<p data-sourcepos=\"11:1-11:93\"><span id=\"input-sentence~3\">The appeal of Notcoin transcends its most current price behaviour.<\/span><span id=\"input-sentence~4\"> With a sky-high 24-hour fundraising APR of 30%, the token&#8217;s value exceeds that of more established players like Bitcoin and Ethereum.<br \/>\n<\/span><\/p>\n<p data-sourcepos=\"11:1-11:93\"><span id=\"input-sentence~4\">This enormous interest rate suggests a market full of optimistic attitude since it encourages traders to hang onto Notcoin investments inside perpetual futures contracts.<\/span><span id=\"input-sentence~5\"> Moreover, Notcoin&#8217;s outstanding trading volume suggests a very liquid market, which would draw investors looking for speedy access and exit points.<br \/>\n<\/span><\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">\ud83d\ude80 The trading volume for <a href=\"https:\/\/twitter.com\/search?q=%24NOT&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow\">$NOT<\/a> is huge, hitting $16.33 billion! Only Bitcoin had a bigger volume.<\/p>\n<p>This is a significant surge compared to other assets. \ud83e\udd2f <a href=\"https:\/\/t.co\/ldAF6gdGQF\" rel=\"nofollow\">pic.twitter.com\/ldAF6gdGQF<\/a><\/p>\n<p>\u2014 IT Tech (@IT_Tech_PL) <a href=\"https:\/\/twitter.com\/IT_Tech_PL\/status\/64716451?ref_src=twsrc%5Etfw\" rel=\"nofollow\">June 3, 2024<\/a><\/p><\/blockquote>\n<h3 data-sourcepos=\"13:1-13:39\"><strong>Hype Vs. Substance<\/strong><\/h3>\n<p data-sourcepos=\"15:1-15:613\"><span id=\"input-sentence~6\">Though the picture is bright, one should use some caution. Though useful insights, analyst forecasts are not guarantees. The bitcoin market is famously erratic, hence unanticipated developments can cause big price swings.<\/span><span id=\"input-sentence~7\"> Although Notcoin&#8217;s connection with a well-known Telegram game first drove its ascent raises some issues about its long-term viability and capacity to carve out a lasting niche within the often changing crypto scene.<br \/>\n<\/span><\/p>\n<figure style=\"width: 2475px\" class=\"wp-caption alignnone\"><img loading=\"lazy\" decoding=\"async\" style=\"font-weight: 600;text-align: center\" src=\"https:\/\/www.tradingview.com\/x\/y4VNavrq\/\" alt=\"\" width=\"2475\" height=\"1163\"><figcaption class=\"wp-caption-text\">Total crypto market cap at $2.5 trillion on the daily chart: TradingView.com<\/figcaption><\/figure>\n<p data-sourcepos=\"15:1-15:613\"><strong style=\"color: #1d1f20;font-size: 1.563em\">Notcoin Price Forecast<\/strong><\/p>\n<div class=\"group\/conversation-turn relative flex w-full min-w-0 flex-col agent-turn\">\n<div class=\"flex-col gap-1 md:gap-3\">\n<div class=\"flex flex-grow flex-col max-w-full\">\n<div class=\"min-h-[20px] text-message flex flex-col items-start whitespace-pre-wrap break-words [.text-message+&amp;]:mt-5 juice:w-full juice:items-end overflow-x-auto gap-2\" dir=\"auto\" data-message-author-role=\"assistant\" data-message-id=\"4c0c6802-789d-41b5-9023-ec9ca240775b\">\n<div class=\"flex w-full flex-col gap-1 juice:empty:hidden juice:first:pt-[3px]\">\n<div class=\"markdown prose w-full break-words dark:prose-invert dark\">\n<p><span id=\"input-sentence~7\">The present <a href=\"https:\/\/coincodex.com\/crypto\/notcoin\/price-prediction\/\" rel=\"nofollow\">price projection for Notcoin<\/a> shows a significant expected rise of around 230%, suggesting the price would reach $0.073 by July 5, 2024.<\/span><span id=\"input-sentence~8\"> Many technical indicators point to a solid overall upward momentum, therefore supporting this optimistic view.<br \/>\n<\/span><\/p>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/www.wncen.com\/news\/is-this-the-next-meme-stock-frenzy-roar-explodes-over-300-after-kittys-gme-move\/\" target=\"_blank\" rel=\"noopener \">Is This The Next Meme Stock Frenzy? ROAR Explodes Over 300% After Kitty\u2019s GME Move<\/a><\/div>\n<p><span id=\"input-sentence~8\">The positive attitude of the market demonstrates the confidence of the investors and possible ongoing demand for Notcoin.<\/span><span id=\"input-sentence~9\"> Currently at 75, the Fear &amp; Greed Index shows a level of greed that suggests investors are more likely to purchase than sell, thereby driving the favourable price movement. Although it might also suggest great market optimism, such a high index value usually corresponds with overbought conditions.<\/span><span id=\"input-sentence~10\"><br \/>\n<\/span><\/p>\n<figure id=\"attachment_611526\" aria-describedby=\"caption-attachment-611526\" style=\"width: 460px\" class=\"wp-caption aligncenter\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"wp-image-611526 size-full\" src=\"https:\/\/www.wncen.com\/wp-content\/uploads\/2024\/06\/a_778871.png?resize=460%2C176\" alt=\"\" width=\"460\" height=\"176\"><figcaption id=\"caption-attachment-611526\" class=\"wp-caption-text\">Source: CoinCodex<\/figcaption><\/figure>\n<p>Examining Notcoin&#8217;s latest performance, it shows that 55% of the last 30 trading days had green days, therefore supporting the optimistic attitude. This suggests a steady rise as more than half of the days have experienced price rises.<\/p>\n<p><em>Featured image from Freshered, chart from TradingView<\/em><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Discussed extensively in the bitcoin scene is Notcoin (NOT), a recently launched altcoin experiencing explosive rise. Market expert Micha\u00ebl van de Poppe has fueled the flame with a bold prognosis, a likely 2-5x surge for NOT against Bitcoin (BTC). Related Reading: Banks Bust, Bitcoin Booms: Price Skyrockets 40% During US Banking Crisis From Underdog To Market Mover Notcoin sprang onto the market and shot 600% in just a few weeks. Analysts credit this first increase on exchange listings on big platforms like Binance and OKX, which created a lot of liquidity and investor interest. Notcoin showed extreme price swings while Bitcoin had a more constant posture. Notcoin&#8217;s daily trading volume once even exceeded Ethereum&#8217;s, evidence of its recently acquired popularity. #Altcoins are going to do well, and I think $NOT has been signalling a lot. I&#8217;m suggesting that many of these can be doing a 2-5x against Bitcoin in the coming four months. Which ones are you holding in your portfolio? \u2014 Micha\u00ebl van de Poppe (@CryptoMichNL) June 4, 2024 Bullish Indicators: A Trader&#8217;s Paradise? The appeal of Notcoin transcends its most current price behaviour. With a sky-high 24-hour fundraising APR of 30%, the token&#8217;s value exceeds that of more established players like Bitcoin and Ethereum. This enormous interest rate suggests a market full of optimistic attitude since it encourages traders to hang onto Notcoin investments inside perpetual futures contracts. Moreover, Notcoin&#8217;s outstanding trading volume suggests a very liquid market, which would draw investors looking for speedy access and exit points. \ud83d\ude80 The trading volume for $NOT is huge, hitting $16.33 billion! Only Bitcoin had a bigger volume. This is a significant surge compared to other assets. \ud83e\udd2f pic.twitter.com\/ldAF6gdGQF \u2014 IT Tech (@IT_Tech_PL) June 3, 2024 Hype Vs. Substance Though the picture is bright, one should use some caution. Though useful insights, analyst forecasts are not guarantees. The bitcoin market is famously erratic, hence unanticipated developments can cause big price swings. Although Notcoin&#8217;s connection with a well-known Telegram game first drove its ascent raises some issues about its long-term viability and capacity to carve out a lasting niche within the often changing crypto scene. Notcoin Price Forecast The present price projection for Notcoin shows a significant expected rise of around 230%, suggesting the price would reach $0.073 by July 5, 2024. Many technical indicators point to a solid overall upward momentum, therefore supporting this optimistic view. Related Reading: Is This The Next Meme Stock Frenzy? ROAR Explodes Over 300% After Kitty\u2019s GME Move The positive attitude of the market demonstrates the confidence of the investors and possible ongoing demand for Notcoin. Currently at 75, the Fear &amp; Greed Index shows a level of greed that suggests investors are more likely to purchase than sell, thereby driving the favourable price movement. Although it might also suggest great market optimism, such a high index value usually corresponds with overbought conditions. Examining Notcoin&#8217;s latest performance, it shows that 55% of the last 30 trading days had green days, therefore supporting the optimistic attitude. This suggests a steady rise as more than half of the days have experienced price rises. Featured image from Freshered, chart from TradingView<\/p>\n","protected":false},"author":557,"featured_media":611530,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[142,6664,88164,92477,92468],"class_list":["post-611517","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-altcoins","tag-crypto","tag-memecoins","tag-not","tag-notcoin"],"acf":[],"yoast_head":"\n<title>Notcoin (NOT) Poised For Explosive Growth, Analyst Says<\/title>\n<meta name=\"description\" content=\"Discussed extensively in the bitcoin scene is Notcoin (NOT), a recently launched altcoin experiencing explosive rise. 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But for Christian, that's not just a metaphor, it's a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian's journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved the way for a successful stint as an editor at a data engineering firm, where his first-month essay win funded a months-long supply of doggie and kitty treats \u2013 a testament to his dedication to his furry companions (more on that later). Christian then roamed the world of journalism, working at newspapers in Canada and even South Korea. He finally settled down at a local news giant in his hometown in the Philippines for a decade, becoming a total news junkie. But then, something new caught his eye: cryptocurrency. It was like a treasure hunt mixed with storytelling - right up his alley! So, he landed a killer gig at NewsBTC, where he's one of the go-to guys for all things crypto. He breaks down this confusing stuff into bite-sized pieces, making it easy for anyone to understand (he salutes his management team for teaching him this skill). Think Christian's all work and no play? Not a chance! When he's not at his computer, you'll find him indulging his passion for motorbikes. A true gearhead, Christian loves tinkering with his bike and savoring the joy of the open road on his 320-cc Yamaha R3. Once a speed demon who hit 120mph (a feat he vowed never to repeat), he now prefers leisurely rides along the coast, enjoying the wind in his thinning hair. 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