Notcoin price is up 12% from April 2025 lows. NOT crypto is bouncing strongly after the Nobitex hacker burned 2% of the total NOT supply. Will NOTUSDT extend gains and march to May 2025 highs?
Notcoin holders have had a rough few months. Barely a year after crypto soared to an all-time high of $0.028, the token is now among the top losers, sinking by over 93% in one year. Despite the initial excitement, the token has struggled to maintain momentum, crashing to all-time lows in April 2025 when it cratered to $0.0016.
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However, the good news is that NOT crypto is recovering and is among the best cryptos to buy in the Tonchain ecosystem.
Notably, the NOT token is up 12% from April lows and is firm, adding 13% from last week’s lows.
From the NOTUSDT daily chart, bulls are likely to build on recent gains, pushing the token above the local resistance at around $0.002.
The stage is set, and if this expansion is accompanied by rising trading volume, it could easily build the momentum needed to retest the $0.0026 May 2025 highs. If this happens, the token could easily outperform some of the top Solana meme coins.
Although technicals play a role, the current momentum in NOT is driven by events following the surprise burn of hacked tokens on June 18.
The sequence of events after the Nobitex hack has turned a crisis into a catalyst, but whether the excitement will last remains to be seen.
On June 18, Nobitex, a crypto exchange, was hacked, resulting in the loss of several tokens worth millions.
One of the stolen tokens was NOT. Something unexpected happened while the hacker transferred the tokens to multiple chains, including Ethereum, Tron, and the TON networks.
It turned out, the hacker mistakenly sent stolen NOT worth $6 million to an unrecoverable address. This error, intentional or not, effectively burned 3% of the total NOT supply.
(Source)
By removing NOT from the circulating supply, the hacker reduced supply at a key level, boosting demand and propelling NOT to higher spot rates.
If bulls capitalize on this excitement, NOT could be poised for a broader rally, further lifted by shifting sentiment in the crypto scene.
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While the hack is a focal point, Notcoin is also expanding its ecosystem.
On June 6, Not Games was launched on Telegram. Since launching, Notcoin has benefited immensely from the over 1 billion Telegram users and a series of upgrades by the social platform.
https://twitter.com/playnotgames/status/1931077025172754714?ref_src=twsrc%5Etfw” target=”_blank” rel=”nofollow
From this game, users can collect loot boxes, rare skins, and cards. These items are tradable in secondary markets.
Interestingly, gamers can retain progress across other games on Telegram. The game launch is a major milestone for Notcoin, especially considering that is is community-driven.
Notcoin has no roadmap and does not rely on heavy marketing.
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The post Notcoin Crypto Trending: Did the NOT Tap-to-Earn Token Benefit After Nobitex Exchange Hack? appeared first on 99Bitcoins.
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