August 22
Notcoin $NOT dropped by 0.84% over the last 24 hours to $0.00184, continuing a downward trend over 7 days (-4.12%) and 30 days (-18.47%). This decline coincides with an overall decrease in the cryptocurrency market (-0.73% market capitalization), but shows worse dynamics due to the risks of altcoin rotation. $NOT $NOT
Main reasons:
Technical breakdown – the support level of $0.002 was not maintained, bearish chart signals appeared
Margin trading risks – high liquidations in the $0.00193–$0.00206 zone
Sector issues – declining interest in tap-to-earn tokens
The decline of Notcoin is associated with technical breakdowns, margin trading risks, and decreasing interest in Telegram gaming tokens. Despite being oversold, which could trigger a short-term rebound, the lack of bullish factors and a large token supply indicate continued high volatility.