Cryptos Hitting New All-time High This Early June
Despite the global cryptocurrency market experiencing a sluggish period, some digital assets are defying the trend and reaching new all-time highs in early June. This article highlights three cryptocurrencies that have surged significantly: Notcoin (NOT), Hoppy (HOPPY), and ANDY. Each of these altcoins has shown remarkable performance, driven by various factors such as integrations, community engagement, and unique value propositions. Let’s delve into the specifics of these cryptos recent achievements.
1. Notcoin (NOT)
Notcoin (NOT) is a cryptocurrency on Telegram that has surged over 350% in weekly gains, hitting an all-time high of $0.02896 on June 2, 2024 . Its current price is $0.02369, after having experienced a surge of 22% over the past week.
The coin’s market cap was pushed to $2.4 billion, securing the 53rd position, according to CoinMarketCap. The increase in value is attributed to its integration with Telegram’s user base and successful airdrop.
Daily transaction volume has skyrocketed by over 100%, surpassing $4 billion, making Notcoin the fifth-highest traded cryptocurrency. Users can earn NOT tokens through games and tasks, with the introduction of “earnings missions” for passive token accumulation.
Lookonchain reported a whale investor with an unrealized profit of $862,000 on NOT. The investor converted $wNOT into $NOT, realizing the profit. Analysts highlight that, as long as the hype around Telegram mini apps continues, Notcoin’s price may continue to rise towards the potential target of $0.1.
2. Hoppy (HOPPY)
Hoppy meme coin skyrocketed in value by approximately over 400% over the past week to trade at $0.00002901. In the past day, the memecoin on Ethereum saw a surge in price by around 55.84%. This performance pushed HOPPY to achieve its all-time high of $0.00004852 today. on June 3, 2024.
The market experienced heightened trading activity demonstrated by an increase of 103.25% in the 24-hour trading activity to record $8.7 million. This surges resulted in a market cap of $11.99 million.
HOPPY is a new meme coin that started trading on Apr 23, 2024. It is a frog character with human characteristics inspired by the popular comic book «The Night Riders» created by artist and illustrator Matt Furie in 2012.
Hoppy started his memetic uprising by creating numerous variations of memes that solidified his legendary reputation, dominating every style with his unmatched strength. Originating from the culture of the internet, Hoppy incorporates humor and meme magic into society, creating a movement that brings people together and brings joy to all.
3. ANDY (ANDY)
ANDY is also another meme coin on Ethereum, making waves and gaining traction in the crypto community. Having started trading on May 15, 2024, the token has skyrocketed in value by 46020.75%, trading today at $0.0002641.
Over the past week, ANDY experienced a 71.70% surge in price, hitting an all-time high of $0.0003005 today on June, 3, 2024. With a market cap of approximately $262.46, and a 24-hour trading volume of $15.11million, the memecoin has witnessed a 7% increase in its value over the past day.
Conclusion
In a market that has generally slowed down, the outstanding success of Notcoin, Hoppy, and ANDY is noteworthy. These cryptos have not just reached record highs, but have also demonstrated significant growth in market value and trading activity. Their achievement highlights the ever-changing and sometimes unpredictable environment of the cryptocurrency industry, where innovation and solid community support can result in rapid growth even amidst overall market declines. As these coins further develop and attract attention, they could provide valuable ideas about future trends and opportunities in the cryptocurrency industry.
The post Cryptos Hitting New All-time High This Early June appeared first on CoinGape.
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