Notcoin reaches new high as Piggy Bankster dominates
Notcoin surged above $0.2 to a new all-time high on Binance, OKX and Bybit due to high trading volume.
Piggy Bankster (PIGS) is the newest memecoin on Solana that is generating a lot of buzz today.
PIGS is set for a fair launch on June 4th, priced at $0.00012.
Notecoin (NOT) launched in June riding high on a wave of interest in the crypto market.
Today, the Telegram-linked token reached a new high above $0.2 as trading volumes more than doubled. Yet, while notecoin dominates the trading market, the hot trend among memecoins has investors' eyes set on Piggy Bankster (PIGS).
Here's why the soon-to-be-launched Solana memecoin is featured this week.
Notcoin is on the rise amid renewed interest in tapping to earn coins.
Notcoin's entry into the market was like a viral tap to Web3 on Telegram. The giant community, which launched on major exchanges in mid-May, has not been pushed into the top 100 by market capitalization.
This week, the Notcoin team announced the project's intention to shift focus from being just a mining app. With features like Explore Notcoin, games and tournaments, it's a development that offers even more value to non-owners.
It's the announcement that appears to have given Notcoin's price a fresh boost, with today's 59% rise seeing its market cap increase to nearly $2 billion.
As users look to the game to get a touch of strategic change, interest in the token has increased. Notcoin has recently seen its outpacing of chain holders Shiba Inu, Bonk and Pepe.
As of June 2, the daily trading volume of traders who are betting on potential gains has increased by more than 283% to $2.1 billion. CoinMarketCap The data shows that the top coins on Binance, OKX and Bybit do not exceed 24-hour volume.
Piggy Bankster (PIGS) – The next big memecoin on Solana?
Solana's recent momentum comes as bitcoin and ethereum cool, and memecoins take the market by storm with massive events surrounding crypto and the US political landscape.
US President Joe Biden's veto of a crypto bill that would have allowed highly regulated US financial institutions to hold Bitcoin comes 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 sets the upcoming election as the first crypto election, where politics dominates new memecoin sensations such as MAGA (TRUMP) and Super Trump (STRUMP).
Meanwhile, analysts are bullish on Bitcoin, Ethereum and Solana. For Solana, his memecoins ecosystem is hot right now with WIF, BONK and MEW among others. However, the next big thing could be Piggy Bankster (PIGS).
What to know about Piggy Bankster tokenomics
PIGS, the new pig-themed memecoin, is set to go live this week with a fair launch – on June 4, 2024.
Piggy Bankster will have 100 million tokens available to the public at a price of $0.00012 per token. The transparency and fairness that a fair launch would provide was hailed as a winner before the Piggy Bankster launched.
As reported, Piggy Bankster is set to launch with a full 100 million PGS as a distribution offering. This gives the project an advantage – not only a community-led approach, but also price discovery when the market opens.
Investors who have missed Notcoin may find PIGS's $0.00012 price more attractive as an entry point.
Learn more about Piggy Bankster's upcoming launch here.
