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With the release of Pavel Durov, CEO of Telegram, top Toncoin ecosystem tokens have recorded a considerable bullish recovery over the past 2 days. Notably, top tokens such as Toncoin and Notcoin had dropped significantly following the arrest in August. However, uncertainty continues to haunt its investors with over 87% experiencing losses.
Cryptocurrencies associated with social messaging giant Telegram rallied sharply after founder Pavel Durov issued his first public statement since his controversial arrest in France last month. What happened: Toncoin, the native token of The Open Network (TON), jumped more than 5% in the last 24 hours, with its trading volume rising by 16.18%.
After an impressive rally within the first month of launch, Notcoin (NOT) now contends with market volatility and several factors that could jeopardize the cryptocurrency's once-blooming future.
Not coin has experienced a dramatic 34% decline over the past ten days, plunging to a four-month low. This sharp downturn has left many wondering if the cryptocurrency can recover or if it will continue its downward spiral.
Notcoin has witnessed a noticeable surge in demand over the past week. However, its value has plunged by double digits during the same period.
Notcoin has been on a consistent downtrend since it dropped from a critical psychological support level in late August. The bearish phase for Notcoin (NOT) began on Aug. 24, when it fell below the crucial $0.01 support.
Notcoin (NOT)'s price, which has decreased by 28% within the last 30 days, is recovering today. At press time, NOT trades at $0.0084, suggesting that the broader market condition could be stabilizing.
Telegram coin Notcoin's (NOT) price is aiming at recovery, but this might not come easily for investors as the market remains slightly bearish.
Notcoin has experienced a significant decline, but technical analysis suggests a potential rebound may be imminent for NOT.
Telegram-linked cryptocurrencies are down this week after Pavel Durov, the founder and CEO of the messaging app, was arrested.
Notcoin (NOT), the cryptocurrency associated with the Telegram-based clicker game, has seen a 5% price increase in the last 24 hours. This rise followed speculation on social media that Telegram founder Pavel Durov had been released by French authorities.
Telegram meme coins have been in the spotlight for a while due to the overly successful mini-Apps technology on the messaging platform. In the past few days, Tron (TRX) and Ton (TON) have been sharing the limelight with their meme coins: Sun Token (SUN), Dogs (DOGS), and Notcoin (NOT), while Solana hype reduced drastically as
The broader market remains volatile, with the BTC price back under the $60K mark. Amid this, the volatility increases for the Toncoin and Notcoin with Parel Durov's case. As Durov gets out by paying a bail amount of $5.56 Million, the altcoins are turning positive momentarily.
Notcoin (NOT) is facing a severe downturn, with its value plummeting since the arrest of Telegram's CEO Pavel Durov on August 24. Currently trading at $0.0088, NOT has experienced a significant 20% decline, inching closer to its record low of $0.0046 set on May 24.
Since the arrest of Telegram's CEO Pavel Durov on August 24, Notcoin's (NOT) price has plummeted. Trading at $0.0088 at press time, the altcoin's value has since declined by 20%.
After Telegram CEO Pavel Durov was arrested in Paris, major tokens on the The Open Network are down amid protest.
Notcoin's (NOT) price is reacting just as other Telegram bot tokens have over the last couple of days.
As one of the Telegram coins severely affected by Pavel Durov's arrest, Notcoin's (NOT) price plunged from $0.010 to $0.0090 on August 25.
Notcoin price plunged 10% on Monday following the report that Telegram founder and CEO Pavel Durov is facing 12 serious criminal charges. This news accelerated the selling pressure on Telegram-related cryptocurrencies Toncoin (TON) and Notcoin (NOT), projecting the risk of a prolonged correction.
Explore the possible future of Toncoin and Notcoin following their founder's arrest. Uncover the top three altcoins currently ready for significant growth.
Cryptocurrencies linked to the Telegram messaging app experienced steep declines after Pavel Durov's recent arrest. Beyond Toncoin (TON), Telegram coins, including the tap-to-earn project Notcoin (NOT) and PAAL AI (PAAL) faced a similar fate.
Pavel Durov, the founder of Telegram, was arrested in France, sparking an investigation into the platform's lack of moderation. This development has led to significant market reactions, including a sharp drop in Toncoin's value.
The arrest of Telegram's CEO highlights the vulnerability of cryptocurrencies to regulatory actions, impacting investor confidence and market stability. The post Toncoin drops 18%, Notcoin down 21% following arrest of Telegram CEO Pavel Durov appeared first on Crypto Briefing.
A price and OI hike indicated strong bullish sentiment, but should we worry about a pullback?
