As a researcher with a background in cryptocurrencies, I’ve closely followed the market trends and have been intrigued by Notcoin’s (NOT) impressive performance in the past few days. Despite the recent crypto market slowdown, NOT has managed to skyrocket 80% over the weekend, making it one of the top performers in the market.
As a crypto investor, I’ve noticed an intriguing development with Notcoin (NOT), the Telegram-sensation token. Despite the broader market downturn, NOT has displayed remarkable strength, surging by an astounding 80% over the weekend. This uptick has left many investors and market observers feeling hopeful about its prospects in the near term.
NOT A Lot Going On At The Moment?
Approximately a month ago, Notcoin created a significant buzz in the market following a remarkable surge of over 50% every two weeks. Originally introduced as an in-game currency for a clicker game last year on Telegram, this sensation has since gained broader adoption. In the earlier part of this year, the project experienced expanded collaboration with the messaging app and The Open Network (TON) blockchain.
The extraordinary achievement of Notcoin ignited debates amongst investors regarding cryptocurrency and Web3 gaming. Some believe that Notcoin marks a groundbreaking shift in marketing and gaming within the Web3 sphere, potentially spearheading the emergence of future Play-to-Earn initiatives on the TON blockchain.
As a project analyst, I’m excited to share that our recent initiative involves teaming up with Helika Gaming to launch the Telegram Gaming Accelerator. Our objective is to foster the growth of innovative game developers who will spearhead the next generation of Telegram games.
Just like Notcoin, we’re thrilled to share that Notcoin Explore, our new platform for introducing Web3 projects in Telegram, is now live. Boasting over 200 launched projects and boasting a community of over 22.5 million members, this platform promises to be a mutually beneficial solution for both users and developers.
With Notcoin Explore, users can easily uncover new Web3 projects and earn rewards in the process. Simultaneously, these projects benefit from engaging with an enthusiastic community and adopt a collaborative development approach.
As an analyst, I’ve observed that the latest news from Notcoin’s team has been met with positive reactions from the TON community. Many supporters view these developments as optimistic signs, believing that the team is working to enhance the benefits of the TON network.
Crypto Market Outperformed By Notcoin
Despite the current market slump, Notcoin has managed to deliver impressive results. Over the past weekend, the token bounced back from its recent decline, rising from a trading price of $0.0094 to hover around the $0.015 to $0.017 range.
Based on information from CoinGecko, NOT has surpassed the crypto market and comparable GameFi tokens with a gain of 21.5%. This substantial 80% increase in NOT’s value has instilled optimism among investors regarding its potential growth in both the short-term and mid-term future.
As an analyst, I’ve noticed some intriguing price movements in Notcoin over the past three days. I regret not having seized the opportunity to purchase NOT following its recent retracement on Sunday night, as it has since been exhibiting strong performance and impressive volume growth.
The token didn’t have a smooth rebound over the 100-day moving average according to VikingXBT’s report. For a crypto investor, this asset exhibits a clear support level at $0.016 and a resistance level at $0.02, giving it an appealing appearance.
As a researcher closely following the cryptocurrency market, I’ve observed NOT‘s recent breakout from its descending channel with great interest. Based on this development, I anticipate NOT to experience a significant bullish wave, potentially reaching between 80% and 90%. If this trend continues, NOT is expected to surpass its current all-time high (ATH) and reach new heights above the $0.3 mark.
At present, NOT is experiencing significant growth and is priced at $0.01717. This marks a 15.5% climb within the last 24 hours and a robust 21.5% surge over the past week.
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2024-07-09 04:16