Why is Notcoin up 300% over the past week?

Notcoin became the fifth-most traded cryptocurrency on Monday, beating the trading volume of Circle’s USDC stablecoin, as social interest continues to drive its price action.

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Notcoin’s (NOT) price rose over 300% over the past week to reach a new all-time high. Can the NOT token continue its parabolic rise due to social hype?

Notcoin’s price rallied over 323% during the past week, reaching a new all-time high of $0.02896 on June 2, according to TradingView data.

In less than two months, Notcoin, the play-to-earn game and token integrated as a Telegram Mini App, has attracted over 30 million users on Telegram, introducing a new wave of mainstream adopters to the cryptocurrency space.

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