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The Notcoin price dropped 9% in the last 24 hours to trade at $0.008470 as of 03:35 a.m. EST on trading volumes that plunged 41% to $349 million.
NOT has been on a downtrend for the last three days following Durov’s arrest in Paris, France. Toncoin, a crypto asset closely tied to the Telegram messaging app and its founder Durov, plunged over 20% after the arrest.
Notcoin’s integration of crypto features into the messaging app was also affected by the tumble.
Notcoin Price Prediction: NOT Aims For A Rebound
According to data from GeckoTerminal, the price of Notcoin has been on a downward trend since Durov’s arrest, moving within a falling channel pattern and falling from the $0.0125 resistance.
However, the Notcoin price seemed to have found support at $0.008081, where the bears have been rejected, as NOT now trades up towards the upper boundary of the pattern.
NOT still trades below both the 50-day and 200-day Simple Moving Average (SMA), coinciding with the recent downtrend.
The Relative Strength Index (RSI) is trading within the neutral point at 42, which shows that the price of Notcoin is in equilibrium and preparing for a breakout.
According to the Notcoin price analysis, NOT aims for a bullish trend reversal, as the price now soars from the lower boundary of the falling channel. If this trend continues, the bulls could propel the price, as they target $0.0120.
However, if the bears take control of the price at this level, NOT could plunge back to the support level around $0.0080, acting as a cushion against downward pressure.
Meanwhile, as the NOT price aims for a recovery, investors are rushing to buy the new DOGE derivative, PlayDoge (PLAY), which only has two days left till its launch on DEXs.
According to analysts from the 99Bitcoins crypto channel, PLAY could soar 100X after launch.
PlayDoge ($PLAY) Is Supercharging Retro Gaming
PlayDoge has amassed over $6.3 million in what has been an explosive ICO, and announced that it will launch on August 29 at 10 a.m. UTC.
END OF THE PRESALE! 🚨
PlayDoge Claim and DEX Listings are launching on Thursday 29th at 10am UTC! 🚀
Import the token address into your wallet now for smooth claiming.
This is the very last chance to buy at list price. ⏳👇 https://t.co/uspqJZur98 pic.twitter.com/0CaCUQ7fzL
— PlayDoge (@PlayDogeGame) August 26, 2024
PlayDoge is not just another meme coin. It gives Tamagotchi a crypto makeover, with their token, $PLAY, serving as the in-game currency.
Being a mobile-based play-to-earn (P2E) game that allows users to care for an 8-bit pixel Doge in the retro-style mobile game. Players get to feed, play mini-games, and bond with their virtual pet, earning $PLAY tokens in the process.
Introducing #PlayDoge – the only #P2E Doge companion! 🐶
Inspired by the legacy of #Tamagotchi, feed, train and play with your 2D Doge to earn $PLAY. 💰
Don’t neglect your doge, his life’s on the line 😲💀
Join the #Presale Now ⬇️https://t.co/JT0VEofqf2 pic.twitter.com/RoJYXLS1FH
— PlayDoge (@PlayDogeGame) June 3, 2024
Apart from earning through P2E, token holders can earn passively by staking $PLAY for an impressive 71% annual yield (APY).
You can buy $PLAY tokens for $0.00532 each. With the token set to launch in about two days, don’t wait around too long if you want to lock in the best deal.
To join the presale, buy $PLAY from the official website here using BNB, USDT, or a bank card.
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- SolidProof Audited – playdoge.io
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