Altcoin
Notcoin (NOT) Price Soars 19% & BOME 13%, Here’s Why
In an attention-nabbing development witnessed today, June 14, Notcoin (NOT) and Book Of Meme (BOME) cryptos have seen a significant price rally despite the broader market’s tumbled movement. NOT price rallied nearly 20%, whereas BOME price surged 14% in the past 24 hours. This price rally comes primarily linked to Coinbase’s extension of support for the NOT and BOME tokens. Here’s a closer look into how:
Coinbase Adds NOT & BOME Perpetuals
In a post on X, Coinbase, one of the globally leading crypto exchanges, recently announced that it will add support for Book of Meme and Notcoin perpetual futures on Coinbase International Exchange and Coinbase Advanced. Starting after June 20 at 09:30 AM UTC, users will be able to participate in trading of BOME-PERP and NOT-PERP markets. This decision underscores Coinbase’s strategic efforts to offer crypto market enthusiasts a seamless and increased-exposure trading experience.
The crypto tokens NOT and BOME remain poised to experience a significant uptrend, as seen before with other perpetual listings on Coinbase. Meme coins Shiba Inu, Floki, and BONK stand among these tokens that witnessed significant gains post-perpetual listing.
Crypto market participants remain highly optimistic when it comes to NOT and BOME cryptos’ future price endeavors with Coinbase listing coming into play.
Also Read: Ripple CTO Criticizes Donald Trump’s No Income Tax Proposal, Warns USD Downfall
NOT & BOME Prices Rally
Meanwhile, NOT price noted an uptick of 18.66% in the past 24 hours to trade at $0.02048 today. The token’s 24-hour lows and highs are $0.01682 and $0.02146, respectively.
BOME price surged 13.03% in the past 24 hours to $0.01089. The token’s 24-hour lows and highs are $0.009429 and $0.0113, respectively.
Coinglass data illustrated a strong market uptrend for Notcoin as Futures OI surged 8% to $250.36 million, followed by a derivatives volume upswing of 12.60% to $3.68 billion. Similarly, BOME’s Futures OI surged 14.69% to $92.90 million, further escorted by a derivatives volume upswing of 161.44% to $608.30 million.
This data illustrates increased investor enthusiasm in the abovementioned assets, painting a bullish market portrait at press time.
Also Read: Michael Saylor Upsizes MicroStrategy’s Bitcoin Buy To $700 Mln
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