(Wednesday 14 August 2024, 10:10 AM GMT):
In the crypto market today, the price of Notcoin (NOT) started a bullish rally following the news of the DOGS project listing, which is a project from the TON ecosystem. Over the past 24 hours, Notcoin’s price surged by 17.04%, currently trading at $0.01286. This rise pushed its market cap to $1.31 billion, marking a 14.77% increase.
Liquidations In Short Orders:
This price spike caught many short sellers off guard. Data from CoinGlass reveals that investors suffered significant liquidations due to Notcoin’s sudden surge. In total, $642,600 was lost in liquidations related to Notcoin over the past day. Notably, short sellers were hit the hardest, losing $526,200, while those holding long positions faced losses of $116,400.
This surge in Notcoin’s price and the subsequent liquidations highlight the volatility and risks associated with trading in the crypto market.
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