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On May 21, the whale changed 46.4 billion of wrapped NOT into 46.4 million NOT. Due to the substantial profit made from holding onto this investment, it is clear that early and wise investments in newly emerging cryptocurrencies have potential. Growing interest and confidence in the TON blockchain is indicated by the NOT coins trading volume and priceThe recent spike in volume on the chart indicates significant buying activity, which bodes well for future price movements.
On the other hand, given the recent sharp increase, there may be a small retracement or period of profit-taking . Since these patterns can reveal information about the coins' future course it is important to keep a close eye on them. The lower portion of the chart's relative strength index shows that the coin is getting close to overbought conditions, which may cause a correction.Arman strongly believes that cryptocurrencies and the blockchain will be of constant use in the future. Currently, he focuses on news, articles with deep analysis of crypto projects and technical analysis of cryptocurrency trading pairs.
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