Coin Edition -
- Notcoin plummeted by 12% in 1 day despite surging 130% over the past month.
- zkSync drops 16%, with 41.1% of top wallets selling entire airdrop allocations.
- ZkSync’s 24-hour trading volume surged 125.48% despite sell-offs, hitting $1.02B.
The recent downturn in the cryptocurrency market has notably impacted the valuations of Notcoin (NOT) and zkSync (ZK) tokens. As of press time, NOT has declined 13% in value over the last 24 hours, now trading at $0.01582.
Concurrently, ZK has also dropped, falling by 16% to a current price of $0.2006. These shifts occur alongside a minor 1% decrease in Bitcoin’s value, though it still holds above the $65,000 support level.
NOT Price Action
Despite a recent downturn, NOT has surged by 130% over the last month, marking it as one of the standout cryptocurrencies. However, from a high of $0.021, NOT’s price fell to its current rate amid a significant three-day sell-off, as per TradingView.
This drop, coupled with a 6.26% decrease in trading volume, pushed NOT’s market cap to $1.61 billion, moving it just outside the top 50 cryptocurrencies. Presently, NOT trades 45% below its peak of $0.02896, reached 16 days ago following its listing on Binance.
On the other hand, the Relative Strength Index (RSI) stands at 51.43, suggesting sustained buying interest and keeping NOT bullish on the RSI spectrum. This correction aligns with analyst predictions after its rapid value increase.
#Notcoin fell off from the $0.02 level and lost -13% in a few hours