NOT (Notcoin) 24-hour amplitude reaches 40.4%: TON ecosystem surge and trading volume spike drive rebound

Volatility Overview

In the past 24 hours, NOT price rebounded from a low of $0.0005371 to a high of $0.0007542, with the current quote at $0.0007448, representing an overall amplitude of 40.4%. Trading volume surged significantly to $130 million to $215 million, up 145% from the previous day, indicating a sharp rise in market activity.

Brief Analysis of the Causes of Fluctuations

- TON Ecosystem Linkage Effect: Telegram founder Pavel Durov announced that Telegram will take over TON Foundation and become the largest validator (staking 2.2M TON). In the past 24 hours, TON price soared over 60% and trading volume spiked 650%, with direct spillover effects to TON chain tokens like NOT, DOGS, and CATI, pushing NOT to break through the 89-day trading range.

- Trading Volume and Spot Driven: NOT's 24-hour trading volume surged 173%-238%, mainly driven by spot buying, propelling the price up rapidly from the lows and bringing it back into Binance’s top 10 by trading volume.

No specific large-scale on-chain whale transfers of NOT have been observed; the fluctuation is mainly due to the overall inflow of capital into the ecosystem.

Market Opinions and Outlook

Community sentiment remains 84% bullish, with mainstream discussions focusing on TON ecosystem’s “awakening” and integration prospects with Telegram. The forecast suggests that NOT could continue to rise with TON (targeting around $3), and is viewed as a pioneer of Telegram’s gaming metaverse. Some analysts warn of risks including RSI overbought, funding rate turning negative, and a potential "bull trap", and recommend watching the $0.0005 support level.