Notcoin to $1? NOT Surges 300% as This $0.022 Token Prepares for 1,000x Gains
Notcoin ($NOT), the token underpinning crypto’s new Telegram-based social clicker game of the same name, has surged 300% since its launch just over a fortnight ago.
Notcoin is currently changing hands at $0.02126.
This price represents an 11% gain in the last 24 hours, together with a 232% increase from this time last week. It’s also about 280% higher than the price 14 days ago.
But what is NotCoin and how do you obtain it?
Notcoin is a Telegram-based game that can be accessed through the app. Simply open the Notcoin bot, invite friends, and start tapping on the gold coin in the interface to begin earning $NOT.
Tap allowances are limited and refill slowly over time. However, players can earn more taps by questing and performing community actions.
The tap-to-earn game and its token run on The Open Network (TON), a blockchain that was previously part of Telegram, but which has since spun out while remaining strongly affiliated.
Notcoin’s Bullish Price Action
In contrast to Notcoin, the market leaders have underperformed. Bitcoin ($BTC) only added 1.5% in the last 24 hours and 0.7% in the last week. Ethereum’s ($ETH) didn’t grow in the last 24 hours and actually dropped 1.7% in the last week.
Much of $NOT’s upward momentum is likely due to a recent announcement that players have until June 16 to claim their tokens. Claiming is done by withdrawing tokens from the app to a wallet.
Users will soon also have access to the game’s ‘Levels’ and ‘Explore’ features.
Initially priced at $0.00748639, the $NOT token experienced a significant dip to an all-time low of $0.004611 just eight days post-launch, on May 24.
However, it quickly rebounded, reaching an all-time high (ATH) of $0.02836 yesterday, although that momentum has since slowed. $NOT’s current price represents an overnight shrinking of 25%.
Notcoin currently maintains a stable relative strength index (RSI) of 58, although it was overbought over the weekend. Monday’s RSI reading indicates a stabilizing.
However, the token’s steep upward gradient is flattening as it appears to be facing tiff resistance at $0.025, as indicated by the red line. This indicates a potential ceiling to the market’s pricing of the token in the short and mid-term.
Notcoin’s $NOT And Solana’s $SEAL Are Two Of the Biggest Non-ERC20 Meme Coins
Notcoin’s $NOT falls into two categories: gaming tokens and meme coins.
While its gaming utility is obvious, the postmodern meme dimension may go over some heads.
Top 30 Trending Coins on CoinGecko 🦎
This week, we see $TURBO (@TurboToadToken) coming in at first place, followed by $MAGA (@MagaHAT_ETH) and $NOT (@thenotcoin).
Got any of these in your bag?https://t.co/j2gTwq8JUR pic.twitter.com/SNvXCV5xFq
— CoinGecko (@coingecko) May 31, 2024
It is a joke at naysayers who claim $NOT is not a crypto coin, even despite its obvious popularity, tradability and fundamentals.
In this sense, it is the biggest meme coin on TON, a blockchain not typically known for housing great meme coin projects.
However, another blockchain competing with Ethereum for commerce has carved a niche for itself among meme coin fans is Solana.
Names like DogWifHat ($WIF), Bonk ($BONK), Book of Meme ($BOME) and Popcat ($POPCAT) all rose to become top ten meme coins within a year of launch.
Another Solana meme coin pitched at stoners – Slothana ($SLOTH) – raised an eye-watering $15 million in a recent one-month crypto presale.
But now there’s a new animal on the block.
Enter the $SEAL
Solana’s Sealana ($SEAL) is a spin on South Park’s viral Gamer Guy, aka Fat Computer Nerd. The all-American hillbilly seal has already raised over $3 million this last month in a hilarious new presale.
Gamer Guy first appeared in South Park’s World of Warcraft episode and, thanks to his milk-bottle glasses, screen-locked stare, messy room and gravity-defying girth, he has since become a symbol of excessive screen use, from keyboard warriors to couch (or desk) potatoes.
#Sealana is conductin' compulsory family training! 🦭👨🏫🔫 Send $SOL so he can teach as many folks as possible. 📚
You can protect your children from these #Memecoins in many ways! When Big Gains, Lambos, and Freedom are on the line, this is a must! 🚀💰🇺🇸 Remember, ‘They're never… pic.twitter.com/Y6TqGXjX7v— Sealana (@Sealana_Token) May 31, 2024
If a Solana meme coin gold rush begin, Sealana could finally be leaving mom’s basement like a true patriot gone lookin’ for the ‘Merican dream.
Follow the latest developments on Sealana’s X account.
Buy Sealana at the official website here.
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.
