$NOT COIN : $MEME Coin on TON Network
Price Prediction:
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- $NOT , a new memecoin on the TON network
- Launch and current market performance
- Valuation and potential for growth
šŖ· Key Points:
- NOT is the first and largest memecoin on the TON network, experiencing exponential growth.
- The coin has significant momentum, but its valuation is considered extreme, launching above $1 billion.
- The high valuation raises suspicions of potential venture capital involvement or questionable practices.
- The current market conditions are bearish, and airdrop projects tend to experience significant sell-offs.
- The valuation needs to decrease to around $600-400 million for a potential turnaround.
- Bullish confirmation, such as a breakout above the 50 EMA and $0.007-0.0075, is needed for the coin to rally.
- Investors should be cautious and avoid buying into NOT without bullish confirmation.
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#memecoin #MemeWatch2024 #notcoin #altcoins $BTC
