jakiro
author:Crypto Stream Source: X,@CryptostreamHUB translation: Shan Ouba, Bitchain Vision Realm
The NOT tokens have continued to rise in the past 24 hours, the third wave rose about 60%, and rose by more than 280%within 7 days.What factors have promoted not to the skyrocketing?
>
Why is there such a rise?
-
Mortgage function
-
Project burning NOT tokens
-
Market controller promotes
One of the reasons is to reduce the amount of circulation and the burning of ecosystem projects through the mortgage function.
About 18 million $ TON (about 350,000 US dollars) has been burned and permanently withdrawn (reduced the pressure).Although this does not look much, investors may expect more burns in the future. After all, this is cryptocurrency, and the valuation does not have to be reasonable.
Another reason is that market controller is driving tokens.$ Not supported by Binance, and people often discuss the tokens supported by Binance.
For example, recently I read a blog post title: “The Binance Group is true.”
So, will the rise continue?
This is hard to estimate that personally, I will not buy it now because the risk is too high.Risk returns in other tokens are better than NOT.
On the other hand, more liquidity may flow from TON to NOT because it is now considered a blue chip ecosystem tokens.
Optimistic reason for NOT:
As you know, Not is a popular Telegram social clicks to the game to tokens, which later added the ranking and team functions.During the peak, it reached an amazing 35 million users!
Today, not is the main token of the Notcoin ecosystem. You can explore and play mini games on Telegram.
besides:
-
Listing in Binance and supporting
-
100% tokens are in circulation
-
Lelee betting on the $ TON ecosystem
Reasons for empty NOT:
After the rise, the tokens may be adjusted sharply, especially when there is a hype like NOT.
As more investors buy tokens due to fear of fear, the possibility of callback is increased.These investors usually do not have much confidence and are easily scared away by the market as a whole.
Summarize:
-
May be adjusted after the rise
-
Other projects in the ecosystem may be diverticated
Not is the first “high -quality” token in the TON ecosystem.The so -called high -quality refers to it has the attention of investors and receives the support of the TON ecosystem and Binance.
To be sure, other tokens will follow.
A better approach may be to study and find other tokens that may follow the NOT in the TON ecosystem.
If you decide to buy tokens at this price, it is recommended to pay special attention to your risk management framework.
Risk management reminder:
-
Consider cost average method
-
Never invest more than the amount you can withstand the loss
-
Imagine the feelings when calling back
-
Think of additional risk management steps
