Notcoin Price Skyrockets by 20% as Popular Meme Coin Reaches All-Time Highs
By Sam Cooling
Updated:
June 14, 2024 16:09 EDT
|
3 min read
In the midst of a broader crypto market downturn, the Notcoin token (NOT) has experienced a remarkable 20% surge in just one day, drawing attention to the Tap-2-Earn crypto sector on Telegram. Despite the hype surrounding Toncoin (TON) in Q2, Notcoin has emerged as a leading player in the tap-2-earn crypto space.
NOT Price Analysis: Notcoin Sees Explosive Growth After Retracement – What’s Next for NOT
With Notcoin trading at $0.02, marking a significant 24-hour increase of +19.2%, the coin is on a strong bullish trajectory following a -50% retracement from its recent all-time high of $0.03 on June 2.
After successfully consolidating above the $0.017 support level, Notcoin holders are now eyeing a return to the ATH. Key support has been identified at the 20DMA, which transitioned to a support level on June 12.
While the RSI indicator suggests a slight overheating at 61.3, signaling a need for price moderation, the overall short-term outlook for NOT remains positive with strong fundamentals supporting the bullish trend.
If Notcoin can break through resistance at $0.021, it could potentially reach higher support at $0.026, offering a potential gain of +32%. Conversely, a downside risk could see NOT dropping to 20DMA support at $0.0184, a potential -8% move.
Despite the short-term risks, the potential rewards for investing in Notcoin are attractive, with a risk:reward ratio of 4.11 indicating significant gains over the weekend.
PlayDoge Emerges as the Next Big Contender in Q2 2024 Crypto Market
Amid the meme coin season, the crypto community remains enamored with the iconic Shiba Inu dog. A new Tamagotchi-style GameFi project featuring a Shiba Inu mascot, PlayDoge, has gained viral traction as the next potential 100x dog coin play.
Priced at just $0.00506 per PLAY token, PlayDoge has raised over $4.3 million in just over a week, offering early investors the chance to join the project before it hits DEX markets.
With a Play-2-Earn ecosystem centered around a nostalgic Tamagotchi-style NFT marketplace, PlayDoge promises an exciting GameFi experience. Early investors stand to benefit significantly as PLAY trades on DEX markets and major CEX listings.
Why invest in a $2 billion market cap like NOT when you can get ahead of the curve with PLAY at $4.3 million? The choice is clear.
Purchase PLAY Here
Follow Us on Google News
Disclaimer: Cryptocurrency is a high-risk asset class. This article is for informational purposes only and does not constitute investment advice. Investors could potentially lose all of their capital.
Notcoin Sees 20 Surge in Price as Meme Coin Reaches AllTime Highs
Related Posts
Add A Comment