Regulation
Notcoin hits new high as Piggy Bankster aims for dominance
- Notcoin rose to a new all-time high above $0.2, with trading volumes rising on Binance, OKX and Bybit.
- Piggy Bankster (PIGS) is the new memecoin on Solana that is creating a huge buzz today.
- PIGS is scheduled to launch on June 4, priced at $0.00012.
Notcoin (NOT) started June with a bang, surging amid a wave of interest in the cryptocurrency market.
Today, the Telegram-linked token hit a new all-time high above $0.2 as trading volumes more than doubled. However, with Notcoin dominating the trading market, the hot trend among memecoins has attracted the attention of investors Piggy bank (PIGS).
That’s why the soon-to-launch memecoin Solana may be the one to watch this week.
Notcoin surges amid new interest in tap-to-earn coins
Notcoin’s entry into the market occurred as a viral tap-to-earn Web3 application on Telegram. Launching on major exchanges in mid-May saw its massive community NOT crack the top 100 by market cap.
This week, the Notcoin team announced the project’s goal to shift focus from being just a mining app. With aspects like Notcoin Explore, Games and Competitions, it is the growth that will provide the most value to NOT holders.
It’s an announcement that appears to have given new impetus to Notcoin’s price, with today’s 59% surge seeing its market capitalization rise to nearly $2 billion.
As the strategic shift focuses more on users of the “tap to earn” game, interest in the token has increased. Recently, Notcoin noticed he had surpassed Shiba Inu, Bonk and Pepe in chain starters.
On June 2, traders’ positioning for potential gains pushed daily trading volume up more than 283% to over $2.1 billion. CoinMarketCap data shows they DO NOT outperform major coins in 24-hour volume on Binance, OKX, and Bybit.
Piggy Bankster (PIGS) – the next big memecoin on Solana?
Solana’s recent momentum has slowed Bitcoin and Ethereum have pared gains, and memecoins have taken the market by storm amid huge events related to cryptocurrencies and the US political landscape.
US President Joe Biden’s veto of a cryptocurrency bill that would have allowed highly regulated US financial firms to store Bitcoin and cryptocurrencies stands in stark contrast to former President Donald Trump’s pro-crypto stance. In fact, Trump became the first US president to accept Bitcoin Lightning payments for his campaign donations.
This makes the upcoming election likely the first crypto election, with politics dominating new memecoin sensations like MAGA (TRUMP) and Super Trump (STRUMP).
In this context, analysts are bullish on Bitcoin, Ethereum and Solana. For Solana, its memecoin ecosystem is currently hot with WIF, BONK, and MEW among others. 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 ready to launch via a 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 fairness offered by a fair launch has already acclaimed Piggy Bankster as a winner before its launch.
As highlighted, Piggy Bankster will launch with as many as 100 million PIGS as a circulating supply. This gives the project an advantage: not only the community-driven approach, but also the fact that price discovery will follow as the market opens.
Investors who are likely missing out on Notcoin may find PIGS’ $0.00012 price much more attractive as an entry point.
Find out more about the upcoming launch of Piggy Bankster Here.