Notcoin and zkSync Tokens Plunge Amid Market Correction

• Notcoin plummeted by 12% in 1 day despite surging 130% over the past month.
• zkSync drops 16%, with 41.1% of top wallets selling entire airdrop allocations.
• ZkSync’s 24-hour trading volume surged 125.48% despite sell-offs, hitting $1.02B.

The recent downturn in the cryptocurrency market has notably impacted the valuations of Notcoin (NOT) and zkSync (ZK) tokens. As of press time, NOT has declined 13% in value over the last 24 hours, now trading at $0.01582.

Concurrently, ZK has also dropped, falling by 16% to a current price of $0.2006. These shifts occur alongside a minor 1% decrease in Bitcoin’s value, though it still holds above the $65,000 support level.

NOT Price Action

Despite a recent downturn, NOT has surged by 130% over the last month, marking it as one of the standout cryptocurrencies. However, from a high of $0.021, NOT’s price fell to its current rate amid a significant three-day sell-off, as per TradingView.

This drop, coupled with a 6.26% decrease in trading volume, pushed NOT’s market cap to $1.61 billion, moving it just outside the top 50 cryptocurrencies. Presently, NOT trades 45% below its peak of $0.02896, reached 16 days ago follow…

The post Notcoin and zkSync Tokens Plunge Amid Market Correction appeared first on Coin Edition.