Notcoin

World

Sherpa

Amid the market slowdown, Notcoin (NOT), the Telegram-based sensation, has shown impressive performance in the last three days. The token has skyrocketed 80% over the weekend, making investors and market watchers optimistic about its short-term performance. 
<h2 style="font-weight: 400" id="not-a-lot-going-on-at-the-moment">NOT A Lot Going On At The Moment?</h2> 
A month ago, Notcoin took the market by storm after soaring by over 500% in two weeks. The Telegram-based sensation began its journey as an in-game currency for a <a href="https://www.newsbtc.com/news/steams-clicker-game-sensation-opens-debate-about-nfts-and-crypto-gaming/" target="_blank" rel="noopener ">clicker game</a> last year. Earlier this year, the project saw a wider integration with the messaging app and The Open Network (TON) blockchain. 
Its massive success sparked a discussion among investors about crypto and Web3 gaming. Some users consider that Notcoin has <a href="https://x.com/Degenski_x100/status/1808972743162958034" target="_blank" rel="noopener nofollow">revolutionized</a> marketing and gaming in Web3 and paved the way for the next wave of Play-to-Earn projects in the TON blockchain. 
Recently, the project unveiled the Telegram Gaming Accelerator in partnership with Helika Gaming. The collaboration aims to expand and open an accelerator for game developers “who will lead the wave of Telegram games.” 
Similarly, Notcoin announced that Notcoin Explore, the platform for launching Web3 projects in Telegram, was open. With over 200 projects already launched via Notcoin and over 22.5 million participants, the platform will be a “win-win case” for users and developers, the announcement stated. 
Users will discover Web3 projects and receive rewards with Notcoin Explore. Meanwhile, projects will have access to a “motivated audience” and be built with a “community-oriented model.” 
Seemingly, the news was well received by its community. Many <a href="https://www.newsbtc.com/news/toncoin-ton-hits-new-ath-is-10-the-next-stop/" target="_blank" rel="noopener ">TON enthusiasts</a> consider the developments a bullish signal as Notcoin’s team is “building for the benefit” of the network. 
<img loading="lazy" decoding="async" class="size-large wp-image-628452" src="https://www.newsbtc.com/wp-content/uploads/2024/07/NOTUSDT_2024-07-08_08-18-17.png?w=860&amp;resize=860%2C460" alt="Notcoin, NOT, NOTUSDT" width="860" height="460" srcset="https://www.newsbtc.com/wp-content/uploads/2024/07/NOTUSDT_2024-07-08_08-18-17.png?w=1102 1102w, https://www.newsbtc.com/wp-content/uploads/2024/07/NOTUSDT_2024-07-08_08-18-17.png?w=460 460w, https://www.newsbtc.com/wp-content/uploads/2024/07/NOTUSDT_2024-07-08_08-18-17.png?w=768 768w, https://www.newsbtc.com/wp-content/uploads/2024/07/NOTUSDT_2024-07-08_08-18-17.png?w=860&amp;resize=860%2C460 860w, https://www.newsbtc.com/wp-content/uploads/2024/07/NOTUSDT_2024-07-08_08-18-17.png?w=750 750w" sizes="(max-width: 860px) 100vw, 860px" data-recalc-dims="1"> 
<h2 style="font-weight: 400" id="crypto-market-outperformed-by-notcoin">Crypto Market Outperformed By Notcoin</h2> 
Notcoin has shown strong performance despite the recent slowdown in the market. Over the weekend, the token started to recover from last week’s retrace, going from trading at $0.0094 to hovering between the $0.015-$0.017 price range. 
According to CoinGecko data, NOT has outperformed the current crypto market and similar GameFi tokens by 21.5%. The token’s 80% jump sparked a bullish sentiment about NOT’s short-term and mid-term performance. 
Several market watchers highlighted Notcoin’s price action during the last three days. Altcoin Sherpa <a href="https://x.com/AltcoinSherpa/status/1810272797421195735" target="_blank" rel="noopener nofollow">lamented</a> missing the change to buy NOT after its retrace on Sunday night as it was “moving in lockstep and doing huge numbers the last few days.” 
NOT bounced “nicely” above the 100-day moving average (MA), as reported by VikingXBT. To the crypto investor, the token has a clear support at $0.016 and a resistance at $0.02, making it “look like a winner.” 
<img loading="lazy" decoding="async" class="size-large wp-image-628456" src="https://www.newsbtc.com/wp-content/uploads/2024/07/GR9X_kGXoAAhxFM.jpeg?w=860&amp;resize=860%2C489" alt="Notcoin" width="860" height="489" srcset="https://www.newsbtc.com/wp-content/uploads/2024/07/GR9X_kGXoAAhxFM.jpeg?w=3528 3528w, https://www.newsbtc.com/wp-content/uploads/2024/07/GR9X_kGXoAAhxFM.jpeg?w=460 460w, https://www.newsbtc.com/wp-content/uploads/2024/07/GR9X_kGXoAAhxFM.jpeg?w=768 768w, https://www.newsbtc.com/wp-content/uploads/2024/07/GR9X_kGXoAAhxFM.jpeg?w=860&amp;resize=860%2C489 860w, https://www.newsbtc.com/wp-content/uploads/2024/07/GR9X_kGXoAAhxFM.jpeg?w=1536 1536w, https://www.newsbtc.com/wp-content/uploads/2024/07/GR9X_kGXoAAhxFM.jpeg?w=2048 2048w, https://www.newsbtc.com/wp-content/uploads/2024/07/GR9X_kGXoAAhxFM.jpeg?w=750 750w, https://www.newsbtc.com/wp-content/uploads/2024/07/GR9X_kGXoAAhxFM.jpeg?w=1140 1140w, https://www.newsbtc.com/wp-content/uploads/2024/07/GR9X_kGXoAAhxFM.jpeg?w=3000 3000w" sizes="(max-width: 860px) 100vw, 860px" data-recalc-dims="1"> 
Crypto analyst World of Charts stated that NOT’s <a href="https://x.com/WorldOfCharts1/status/1810237233670037980" target="_blank" rel="noopener nofollow">breakout</a> from the descending channel was confirmed. The analyst expects NOT to move “towards 80%-90% bullish wave” and hit a new all-time high (ATH) above the $0.3 mark. 
As of this writing, NOT continues to <a href="https://www.newsbtc.com/altcoin/notcoin-burns-210-million-tokens/" target="_blank" rel="noopener ">soar</a> and trades at $0.01717. This performance represents a 15.5% rise in the last 24 hours and a 21.5% increase in the past week.

Notcoin Rises 80% Over The Weekend, Is A NOT Explosion Coming?

目次

NewsBTC

2024年7月9日公開の他の記事

Soccer Legend Lionel Messi's Instagram Account Posts Unexpected Solana Meme Coin Promo

Solana ETFs Await SEC Verdict: US Presidential Election Could Swing Fate

Crypto Sector on Edge as House Gears Up for Landmark Vote on SAB 121 Bill

Bitcoin Price Dips As Germany Moves 16,000 BTC To Exchanges

AAVE and Cronos in Despair as Disappointed Investors Find Solace in Qubetics Whitelist

Fantom secures $2.18m in compensation from Multichain Foundation

ニュースレターを購読して暗号資産の最新情報を毎日入手！