November 2, 2024

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Notcoin crashed hard, and memecoin BONK rose quickly again

Notcoin crashed hard, and memecoin BONK rose quickly again

Just as expected, the weekend was relatively quiet for Bitcoin (BTC) and the cryptocurrency market. Despite this, there are a number of notable price movements. At Crypto Radar, we provide a clear overview of the latest situations in the cryptocurrency market. In this edition we highlight notcoin (NOT), an altcoin that was recently launched with great enthusiasm.

A look at the crypto market

  • The total cryptocurrency market cap fell by 0.68 percent to $2.41 trillion over the past 24 hours.
  • The total trading volume over the past 24 hours was $48.18 billion, representing a decrease of 24.43 percent.
  • Bitcoin currently owns 54.64% of the market, up 0.27% from yesterday.
  • The price of Bitcoin on the Dutch cryptocurrency exchange Bitvavo is €61,563.
  • Bitcoin price on Bybit (backed by SATOS) is $67,050.

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Fastest Cryptocurrency Climbers: Another memcoin comes out on top, this time BONK

Meme coins have stolen the spotlight again recently thanks to the significant increases that many of these coins have seen. That was of course because investing legend Roaring Kitten was suddenly making his voice heard again. As a result, almost everything that includes the word “meme” has increased in value. From GameStop and AMC stocks, to meme currencies like PEPE and Shiba Inu (SHIB).

Now we are still seeing some aftershocks from this event. BONK has appreciated the fastest of all cryptocurrencies in the top 100 in the past 24 hours, by 10.4 percent. The currency has risen more than 15 percent over the past seven days.

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Furthermore, Introducing (RNDR), which is not a meme coin, also ranks high on the list. The number 25 rose by 3.7 percent over the past 24 hours to a value of $10.30. Render has recently been in the news positively thanks to Apple, as can be read in this fundamental analysis by Crypto Insiders analyst Khiem Nguyen.

So the list of the biggest winners looks like this:

  • Bonk (BONK) price rose 10.22% to $0.00002628.
  • Render (RNDR) rose 3.67% to $10.29
  • eCash (XEC) price rose 3.17% to $0.00005093
  • Bitcoin Cash (BCH) rose 3.08% to $490.58
  • JasmyCoin (JASMY) rose 2.59% to $0.02015.
  • Chainlink (LINK) price rose 2.15% to $16.59

Today’s top cryptocurrencies

Finally, we take a look at the toughest falls. In first place is Jupiter (JUP), whose value has fallen by 6 percent in the past 24 hours. However, the number 58 on the market has risen more than 10 percent over the past seven days. Therefore, the correction seems a logical development.

A coin that is not in the top 100, but is interesting to look at, is not a (NOT) coin. The cryptocurrency linked to Telegram was recently launched and initially rose sharply. There were three possible reasons for this, including the launch of the game itself on May 16. Now that this launch is behind us, it seems that many investors are now looking to cash in on their gains.

Notcoin (NOT) price for the last 7 days.
Notcoin (NOT) price for the last 7 days.

Its value has not decreased by 13 percent in the past 24 hours. Last week, the percentage was 60 percent.

In general, the currencies that fall the most among the top 100 currencies are the following currencies:

  • Jupiter (JUP) fell 6.09% to $1.18
  • Ondo (ONDO) was down 5.24% at $0.9092
  • Immutable Shares (IMX) fell 4.65% to $2.31
  • Stacks (STX) fell 4.12% to $1.99
  • Starknet (STRK) fell 3.92% to $1.09
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Getting ready for next crypto week. Read a preview of the most important days here.


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