Notcoin poised for potential 30% surge with $700M in profits

Notcoin (CRYPTO:NOT) is on the verge of a potential 30% price increase, which could bring its value to $0.012.

This follows a notable rise from $0.0073 to $0.0094, with further gains expected due to increased network activity and technical indicators suggesting continued bullish momentum.

Recent data shows a 35% growth in the number of active addresses on the Notcoin network over the past week.

An increase in active addresses typically signals greater user engagement, contributing to the price rally.

Additionally, zero-balance addresses have surged by 90%, indicating rising adoption of the token.

If Notcoin’s price continues its upward trend, a move to $0.012 could result in approximately $700 million in profits for holders of 62 billion tokens, according to Global In/Out of Money (GIOM) data.

This indicator shows the potential for profits if the price reaches certain levels, with many addresses standing to benefit from this increase.

Technical analysis supports the likelihood of further gains for Notcoin.

The Parabolic Stop and Reverse (SAR), which helps determine price direction, indicates that the uptrend may not be over.

Additionally, the Moving Average Convergence Divergence (MACD) remains positive, signaling ongoing bullish momentum.

Despite the positive outlook, the price could face a minor correction, with a possible dip to $0.0082 if selling pressure increases or profit-taking occurs.

However, if the current momentum holds, Notcoin’s value may continue to rise, offering potential returns for investors in the coming weeks.

At the time of writing, the Notcoin price was $0.009039.