Notcoin (NOT) is at it again.The token is back turning heads, climbing the charts after a period of bearish momentum.Notcoin bounces back with 29% rally. Notcoin’s crazy journey is continuing this week. After taking a brutal 39% nosedive last week, bottoming out at $0.0125 this Monday, NOT has staged a surprise comeback.The tide has turned, with the token up 29% in three days to reach $0.0162. Notcoin’s technicals are also flashing bullish. NOT has muscled its way above the 50-period EMA on the 4-hour chart, flipping its medium-term trend positive. Zooming out to the daily timeframe reveals an even more interesting picture. A massive bull flag is taking shape, and if this pattern plays out, Notcoin investors could be eyeing the $0.020 mark as its next target.Interestingly, it’s not just the charts making noise. Spot trading volumes for NOT have exploded again, jumping 43% in the past 24 hours to hit $525 million. This jump has pushed NOT into the 15th spot among the most traded cryptos.Notcoin has even reached number 2 on CoinMarketCap’s trending cryptocurrencies list.

BEHIND NOTCOIN’S SURGE

Key Developments & Strategic Moves

Notcoin’s resurgence isn’t a random event. The developers have been busy behind the scenes, making moves that are leading to more demand for NOT.Most importantly, they recently announced a massive token burn, destroying $3 million worth of NOT. This wasn’t just a flashy PR stunt – it was a calculated move to tighten Notcoin’s supply (and potentially boost value).

But the developers didn’t stop there. They also unveiled a $4.2 million incentive plan to reward their most loyal users on the Notcoin Explore platform.These decisions have reshaped Notcoin’s tokenomics and created additional scarcity. With a circulating supply of 102.4 billion and a market cap of $1.6 billion, NOT has cemented itself as the world’s 52nd-largest crypto. Of course, we can’t ignore external factors.Notcoin price rising again, Bitcoin’s recent rally, after it briefly dipped below $60,000, is lifting the entire altcoin market. Notcoin is benefiting from this wider crypto bullishness. So, despite the coin’s recent volatility, there’s still a strong belief in its long-term potential.