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Notcoin price has dropped 9% in the last 24 hours trading at $0.008470 at 3:35 a.m. EST on trading volumes that fell 41% to $349 million.
The price of the NOT cryptocurrency has been falling for the past three days, following the arrest of Pavel Durov in Paris, France. It followed the same trend as Toncoin, a crypto asset closely linked to the Telegram messaging app, which fell by more than 20% during the same period.
The integration of Notcoin’s crypto features into the messaging app was also affected by the drop.
Notcoin Price Prediction: NOT Aims for a Rebound
According to data from Terminal GeckoNotcoin price has been trending downward since Durov’s arrest, moving within a descending channel pattern and falling from the $0.0125 resistance.
However, Notcoin price seems to have found support at $0.008081, where bears were rejected. NOT is now moving towards the upper boundary of the bearish pattern.
NOT is still trading below the 50 and 200 Simple Moving Averages (SMA) on the hourly chart as well, coinciding with the recent downtrend.
The Relative Strength Index (RSI) is also trading within the neutral point at 42, showing that Notcoin price is in balance and preparing for a possible breakout.
According to Notcoin price analysis, NOT is eyeing a bullish trend reversal as the price is now soaring from the lower boundary of the descending channel. If this trend continues, the bulls could propel the price to $0.0120.
However, if 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.
As NOT Price Eyes Recovery, Investors Rush to Buy New DOGE Derivative PlayDoge (PLAY) with There are only two days left until its launch on a decentralized exchange.
According to crypto chain analysts 99Bitcoins, PLAY could increase 100x after its launch.
PlayDoge (PLAY) Boosts Retro Gaming
PlayDoge raised over $6.3 million in what was an explosive ICO and announced its launch on August 29 at 10am UTC.
END OF PRESALE! 🚨
PlayDoge Claim and DEX listings will launch on Thursday 29th at 10am UTC! 🚀
Now import the token address into your wallet for smooth claiming.
This is the very last chance to buy at the list price. ⏳👇 pic.twitter.com/0CaCUQ7fzL
— PlayDoge (@PlayDogeGame) August 26, 2024
PlayDoge isn’t just another meme currency. It gives Tamagotchi a new cryptographic look, with its PLAY token serving as in-game currency.
In this play-to-earn (P2E) mobile game, players take care of an 8-bit pixelated Doge. Players can feed their virtual pet, play mini-games, and bond with it, all while earning PLAY tokens.
Presentation #PlayDoge – the only one #P2E Dog companion! 🐶
Inspired by the legacy of #TamagotchiFeed, train and play with your Doge 2D to win $PLAY. 💰
Don’t neglect your doge, his life is at stake 😲💀
Join the #Presale Now ⬇️ pic.twitter.com/RoJYXLS1FH
— PlayDoge (@PlayDogeGame) June 3, 2024
In addition to 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. The token launch is scheduled to take place in about two days, so don’t wait too long if you want to get the best deal.
Purchase PLAY from the official website here using BNB, USDT or a bank card.
Related News
PlayDoge (PLAY) – Latest Launch on BNB Channel
- Virtual Pet Dog 2D
- Play to win Meme Coin Fusion
- Staking and In-Game Token Rewards
- SolidProof Audit – playdoge.io
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