Post
Topic
Board Altcoin Discussion
Re: Binance launches Notcoin (NOT) on launchpool.
by
jaberwock
on 25/05/2024, 20:26:02 UTC
It's funny how Notcoin distributed over $1B to their community members on the launch date and their supports are now disappointed? Compared to the last 5 recent launches, Notcoin did relatively well in this market where recent token launched even on binance are done 50-70% from their launch price. On launch date, Notcoin managed to rake in over $1B in liquidity to stand on the other side of the trade for their community to sell into and someone these supporters are disappointed because they expect 10x price growth when the main product hasn't even been launched. Wow.
right? so many people hoping the price would be 10x of now, some even think it will be priced $1, but they forget that market cap has a limit for new coin like this, having 1 billion liquidity and half billion market cap is already good.
time will tell whether this coin going to surge, but its already a good launch for the coin itself.
I do agree that 10x type of expectations are futile and they are not making any sense at all, I think it's quite important to realize that you could make a mistake and I would not really care about anything, we should consider whatever we can do, and that will end up getting better result eventually.

Notcoin doesn't look like something that can have a better future, there are a lot of coins and tokens like that which could go up and they are not notcoin had a good start but that doesn't mean that it will continue good neither, we should focus on another thing if we want to make money. I still go for top ranked ones, much better result on the long run because the top ranked ones will always be strong and keep going higher in the end.