#NOT涨势分析 NOT has risen a lot, but it may adjust.
Public data shows that the $NOT token has risen by nearly 40% in the past 24 hours and more than 280% in 7 days.
What factors have driven the surge in NOT? Different analysts have also given answers from the perspective of token structure, recent catalysts, and secondary market trends.
Why did it surge?
1. Staking
2. The project party destroyed the $NOT token
3. Market operators pushed up prices
One of the reasons is the reduction of circulating supply through the staking function, and the destruction of tokens by ecosystem projects.
About 18 million $TON (about $350,000) was destroyed and permanently withdrawn from circulation (reducing selling pressure). Although this does not seem like much, investors may expect more destruction in the future. After all, this is a cryptocurrency, and the valuation does not have to be reasonable.
Another statement heard is that market operators are pushing up token prices. $NOT is backed by Binance, and people often talk about how Binance-backed tokens magically go up.
So, will the rally continue?
It’s hard to estimate. Personally, I would stay away from buying this token right now because the risk is too high. There are other tokens on the market with better risk-reward ratios.
On the other hand, more liquidity may flow from $TON to $NOT because it is now considered a blue-chip ecosystem token.
Summary
The rally is huge, and corrections may be possible
Ecosystem projects may divert liquidity
NOT is the first “quality” token in the TON ecosystem. By quality, I mean that it has the attention of investors and is supported by the $TON ecosystem and Binance.
A better strategy may be to research and look for other tokens in the $TON ecosystem that may follow the success of $NOT .
If you decide to buy the token at the current price, it is recommended to pay special attention to your risk management framework.