Notcoin has experienced a remarkable surge in value, with a staggering 34% increase in the last 24 hours and an impressive 78% rise over the past week. These fluctuations are a direct result of Notcoin’s recent inclusion on prominent exchange platforms like Binance.
The listing of Notcoin on Binance on May 16 ignited a surge in transaction volumes and active user addresses, showcasing the immediate impact on the market. This surge in activity highlights the swift response of the cryptocurrency community to new listings.
While there was an initial increase in transaction volumes and active addresses following the major exchange listing of #NOTCOIN, prices and trading volumes subsequently declined. However, the continued accumulation by large holders and strategic airdrop distributions indicate a long-term confidence in the cryptocurrency.
Despite the decline after the listing, groups of large holders, each possessing over 10,000 Notcoins, have been actively accumulating the token. This behavior signifies a strong belief in the potential of NOTCOIN and suggests a possible future price recovery.
A significant portion of Notcoin’s airdrop strategy involved distributing 69.59% of tokens through on-chain withdrawals. Additional incentives included 22.87% in community rewards and 7.53% in Notcoin vouchers, aimed at fostering widespread engagement and solidifying user loyalty.
To enhance user engagement across multiple platforms and strengthen the token’s position in the market, a substantial part of the community incentives (41.96%) was executed through Binance, with significant distributions through wallet campaigns (32.51%), OKX (17.19%), and Bybit (8.25%). This diversified approach ensures broad user participation and further supports the token’s market standing.
