• Wed. Nov 6th, 2024

Notcoin hits new high as Piggy Bankster aims for dominance

  • Notcoin surged to a new all-time high above $0.2, with trading volumes spiking on Binance, OKX and Bybit.
  • Piggy Bankster (PIGS) is the new memecoin on Solana that’s creating a huge buzz today.
  • PIGS is set for a fair launch on June 4, priced at $0.00012.

Notcoin (NOT) began June with a bang, soaring amid a wave of interest across the crypto market.

Today, the Telegram-linked token reached a new all-time high above $0.2 as trading volumes more than doubled. Yet, with Notcoin dominating the trading market, the hot trend among memecoins has investors’ sights set on Piggy Bankster (PIGS).

Here’s why the soon-to-launch Solana memecoin could be the one to watch this week.

Notcoin surges amid new interest in tap-to-earn coin

Notcoin’s entry into the market was as a viral tap-to-earn Web3 application on Telegram. The launch on leading exchanges in mid-May saw its massive community push NOT into the top 100 by market cap.

This week, the Notcoin team announced the project’s quest to shift focus away from being just a mining app. With aspects such as Notcoin Explore, Games and Contests, it’s growth that will provide more value to NOT holders.

It’s an announcement that seems to have provided new impetus for Notcoin price, with today’s 59% spike seeing its market cap rise to nearly $2 billion.

As the strategic shift eyes more for users of the tap-to-earn game, interest in the token has surged. Recently, Notcoin noted it had surpassed Shiba Inu, Bonk and Pepe in on-chain holders.

On June 2, traders positioning for potential gains pushed daily trading volume up by more than 283% to over $2.1 billion. CoinMarketCap data shows NOT outpacing top coins in 24-hour volume on Binance, OKX and Bybit.

Piggy Bankster (PIGS) – the next big memecoin on Solana?

Solana’s recent momentum slowed as Bitcoin and Ethereum pared gains, and as memecoins took the market by storm amid huge events around crypto and the US political landscape.

US President Joe Biden’s vetoing of a crypto bill that would have allowed highly regulated US financial firms to custody Bitcoin and crypto contrasts sharply with former President Donald Trump’s pro-crypto stance. Indeed, Trump has become the first US President to accept Bitcoin Lightning payments for his campaign donations.

This sets the upcoming election as probably the first crypto election, with politics dominating new memecoin sensations like MAGA (TRUMP) and Super Trump (STRUMP).

Amid this, analysts are bullish on Bitcoin, Ethereum and Solana. For Solana, its memecoins ecosystem is currently hot with WIF, BONK and MEW among other. However, the next big thing could be Piggy Bankster (PIGS).

What to know about Piggy Bankster’s tokenomics

PIGS is the new pig-themed memecoin poised to go live via a fair launch this week – on June 4, 2024.

Piggy Bankster will have all 100 million tokens available to the community in a sale priced at $0.00012 per token. The transparency and equitability that a fair launch offers has Piggy Bankster already hailed as a winner ahead of its launch.

As highlighted, Piggy Bankster is set to launch with a full 100 million PIGS as the circulating supply. This gives the project an advantage – not just the community-driven approach, but also that price discovery will follow as the market opens.

Investors likely to have missed Notcoin may find PIGS’ $0.00012 price a lot more attractive as an entry point.

Learn more about Piggy Bankster’s upcoming launch here.

The post Notcoin hits new high as Piggy Bankster aims for dominance appeared first on CoinJournal.