Notcoin Price Prediction as $1 Billion Trading Volume Sends NOT to New All-Time High – Time to Buy?
Notcoin (NOT) has taken crypto markets by storm in the last few weeks since its launch on May 16. The Notcoin price has risen 150% in the last seven days to new all-time highs amid surging trading volumes.
The Notcoin price surge comes after trading volumes exceeded $1.47 billion on Thursday, as per Yahoo Finance data.
Last around $0.0118, the Notcoin price slightly pulled back from Thursday’s record highs above $0.013 on Friday.
Notcoin is a play-to-earn crypto issued on the TON blockchain and powers a Telegram-based social clicker game.
As one of the most popular projects on the TON blockchain, NOT is backed by the TON Foundation.
TON Blockchain achieved a revolutionary milestone by successfully onboarding over 1 million users in just 30 hours 🚀
During the #Notcoin token launch on May 16-17, 2024, the network experienced no downtime, fee spikes, or transaction delays, demonstrating an engineering marvel… pic.twitter.com/t1l2LU96g2— Murat Arpacı 👑 (@2mrpc) May 31, 2024
And Notcoin’s game has already seen explosive growth. As per social media reports, the TON blockchain welcomed over 1 million new users in 30 hours following Notcoin’s launch.
Notcoin’s tokenomics are incentivized to promote activity. Inactive users have 5% of their holdings burnt daily if inactive for more than 30 days.
Inactive users have had 5b+ Notcoin burned in the last 2 days.
🔥 5% will be burning every day for those who is inactive for 30 days. Or they can get back to tap and earn.
Both are fine.
¯_(ツ)_/¯ pic.twitter.com/BxspsIj5IL
— Notcoin Ø (@thenotcoin) March 7, 2024
Notcoin Price Prediction – Time to Buy?
The Notcoin price has formed a descending triangle pattern in the last 24 or so hours, suggesting a price dip could be coming, perhaps back to support in the $0.01 area.
A decline here could see NOT’s market cap slip back below $1 billion.
For a game that has attracted such explosive growth and has so much potential, it probably won’t stay around $1 billion for long.
Traders are likely to view NOT price dips as buying opportunities.
Notcoin Alternative to Consider – Multi-chain Meme Coin Dogeverse
Notcoin certainly has the potential to 10x this bull market. But many investors are hunting a bigger upside of 50-100x.
Such High-risk-tolerant investors tend to turn to the highly speculative and volatile meme coin market.
Meme coins are, of course, very risky, and there is no way around it.
One way that investors can put the odds in their favor is to invest in high-potential meme coins early and at a favorable valuation before they start to pump.
The team at Cryptonews spends a lot of time scouring the market for high-potential meme coins. One token that they are big fans of is a fun new multi-chain meme coin called Dogeverse (DV).
Dogeverse has in-built cross-chain capabilities and, as a result, is generating considerable excitement in meme coin investing circles.
The presale has already raised over $15 million, and interested investors may want to act quickly, as it closes in just over two days.
The project seeks to be the multi-chain equivalent of Dogecoin and is launching on the six most popular blockchains, excluding Bitcoin.
Dogeverse’s cross-chain bridging capabilities further enhance its appeal, making it a “Doge with superpowers.”
Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.
