The cryptocurrency Notcoin ($NOT), associated with a rewarding Telegram-based clicker game, has seen its market value skyrocket to over $2 billion. Initially available through an airdrop on The Open Network (TON) in May 2024, Notcoin compensates players for repetitive interactions with its in-game digital coin. The gameplay, along with ‘earning missions’ that provide additional Notcoin, contribute to its expanding popularity.
In the weeks following its debut, Notcoin’s value jumped by 300%. This momentum points to the junction of gaming and blockchain as an enticing structure for users seeking fun and a chance to earn.
With the present rate of growth, one might wonder if NOT is on the verge of reaching the $1 milestone soon?
Snapshot
| Cryptocurrency | Notcoin |
| Token | NOT |
| Current Price | $0.01559 |
| Market Size | $2,177,260,544 |
| Recent Volume | $4,623,184,518 |
| Circulation | 102,719,221,714 NOT |
| Highest Ever | $0.02896 (June 2, 2024) |
| Lowest Ever | $0.004605 (May 24, 2024) |
| 24h High | $0.01801 |
| 24h Low | $0.01501 |
Analyzing Notcoin’s Price: Predictive Techniques
| Metric | Value |
| 30-day Volatility | $97 |
| 50-day SMA | $56.42 |
| 14-Day RSI | 55.56 |
| Market Mood | Neutral |
| Fear & Greed | 74 (Greed) |
| Green Days | 12/26 (46%) |
Current Scenario of Notcoin’s Declining Values: A Look at Bearish Trends
Summary Takeaway:
- The market for Notcoin is currently bearish.
- Notcoin confronts resistance at $0.01801 and has a support threshold at $0.01501.
Recent data on Notcoin shows a 13.34% decrease in value over the past day, settling at $0.01559 with evident bearish momentum. Despite initially bullish control, sellers have overwhelmed the market, pulling the price downward.
This decline reflects steady sales force and insufficient buyer activity to stabilize at higher valuations. A series of reduced peaks and troughs typifies the prevailing negative sentiments within the trading community.
In-Depth Look at the Notcoin Daily Chart: Persistent Bearish Strike
The daily price chart reveals a persistent decline for Notcoin, descending from a brief surge to around $0.03 to the present $0.01559. Dominated by sellers, the trends suggest an ongoing reduction in value.
The RSI stands at 48.77, indicating a balanced market but slightly tilted toward a seller’s advantage. Concurrently, the negative histogram affirms the bearish wave. Together, these indicators solidify the downtrend with sellers leading the front.
Observations from NOT/USD 4-Hour Chart: Ongoing Downtrend
The 4-hour chart shows Notcoin struggling under a downtrend, with values hovering close to a local minimum. Bears have tightened their hold, adding to the downward pressure.
Indicators like an RSI at 29.22 signal an oversold market, thereby hinting at a possible rebound if buyers re-enter the fray. Additionally, the bearish MACD crossover confirms seller dominance.
Technical Prospect for Notcoin: Key Indicators and Projections
Daily Moving Average Figures
| Timeframe | Value ($) | Recommendation |
| 3-day SMA | $0.013348 | Buy |
Daily Exponential Moving Average Data
| Period | Value ($) | Advice |
| 3-day EMA | $0.017891 | Sell |
Final Thoughts on Notcoin’s Price Trajectory
Review of Notcoin’s patterns indicate a strong downtrend with expectations of further short-term decline. The market shows a current foundation at $0.01501, which must be surmounted to visualize any potential uplift.
Considerations for Notcoin as an Investment
Deciding on Notcoin as an investment requires careful consideration of market trends, technical indicators, and the cryptocurrency’s overall potential. As with any investment, there are no guarantees, and Notcoin must be evaluated in line with individual risk tolerance and investment goals.
Notcoin signifies an exciting investment prospect, with its inception and merger of gaming with digital currency capturing a swift market foothold. The platform celebrated a staggering surge to 35 million gamers within a mere quarter and boasts 1.6 million holders involved with the chain, reflecting an impressive user acquisition rate that fostered robust appetite for its $NOT token. By incorporating ‘earnings missions,’ Notcoin amplifies user interaction via avenues for passive earning, further escalating the token’s appeal.
Market enthusiasm alongside a bullish price trajectory, highlighted by a rapid 300% uptick, underscores the strong conviction and potential for sustained ascension of Notcoin. Occupying a top 60 berth among virtual currencies in market cap terms and overtaking some long-established tokens, Notcoin carves out significant territory within the burgeoning GameFi ecosystem, signposting its prospective value as an investment.
Latest Notcoin Developments and Opinions
- Notion donated 40M (equivalent to $1M USD) to the wallets of those who procured or held onto the first 5867 vouchers during the pre-sale phase.
Predictive Notcoin Prices for June 2024
In the month of June 2024, Notcoin may achieve a minimum valuation estimate of $0.01875. The peak valuation could soar to $0.02896, with the token expected to trade on average at $0.0225.
| Notcoin Price Projections | Predicted Low | Anticipated Average | Predicted Peak |
| Notcoin Forecasts for June 2024 | $0.01875 | $0.0225 | $0.02896 |
Notcoin Price Outlook for 2024
Projections for NOT’s value suggest it could trade at a base of $0.0149, crest at $0.0171, and likely sustain an average trade valuation of $0.0153.
| Notcoin Market Predictions | Potential Minimum | Projected Average | Potential Maximum |
| Notcoin 2024 Price Forecast | $0.0149 | $0.0153 | $0.0171 |
Future Notcoin Valuation Forecasts: 2025-2030
| Years | Minimum Forecast | Mean Value | Maximum Forecast |
| 2025 | $0.0217 | $0.0223 | $0.0259 |
| 2026 | $0.0318 | $0.0327 | $0.0368 |
| 2027 | $0.0468 | $0.0484 | $0.0549 |
| 2028 | $0.0686 | $0.0711 | $0.0811 |
| 2029 | $0.1007 | $0.1043 | $0.1193 |
| 2030 | $0.1473 | $0.1515 | $0.1738 |
Image Source: Notcoin @ X (Formerly Twitter)
