Featured Image from Unsplash.com, Chart from TradingView.com<\/div>\n","protected":false},"excerpt":{"rendered":"
Amid the market slowdown, Notcoin (NOT), the Telegram-based sensation, has shown impressive performance in the last three days. The token has skyrocketed 80% over the weekend, making investors and market watchers optimistic about its short-term performance. Related Reading: XRP Stages A Comeback: Aims To Reclaim $0.50 After Recent Plunge NOT A Lot Going On At The Moment? A month ago, Notcoin took the market by storm after soaring by over 500% in two weeks. The Telegram-based sensation began its journey as an in-game currency for a clicker game last year. Earlier this year, the project saw a wider integration with the messaging app and The Open Network (TON) blockchain. Its massive success sparked a discussion among investors about crypto and Web3 gaming. Some users consider that Notcoin has revolutionized marketing and gaming in Web3 and paved the way for the next wave of Play-to-Earn projects in the TON blockchain. Recently, the project unveiled the Telegram Gaming Accelerator in partnership with Helika Gaming. The collaboration aims to expand and open an accelerator for game developers \u201cwho will lead the wave of Telegram games.\u201d Similarly, Notcoin announced that Notcoin Explore, the platform for launching Web3 projects in Telegram, was open. With over 200 projects already launched via Notcoin and over 22.5 million participants, the platform will be a \u201cwin-win case\u201d for users and developers, the announcement stated. Users will discover Web3 projects and receive rewards with Notcoin Explore. Meanwhile, projects will have access to a \u201cmotivated audience\u201d and be built with a \u201ccommunity-oriented model.\u201d Seemingly, the news was well received by its community. Many TON enthusiasts consider the developments a bullish signal as Notcoin\u2019s team is \u201cbuilding for the benefit\u201d of the network. Crypto Market Outperformed By Notcoin Notcoin has shown strong performance despite the recent slowdown in the market. Over the weekend, the token started to recover from last week\u2019s retrace, going from trading at $0.0094 to hovering between the $0.015-$0.017 price range. According to CoinGecko data, NOT has outperformed the current crypto market and similar GameFi tokens by 21.5%. The token\u2019s 80% jump sparked a bullish sentiment about NOT\u2019s short-term and mid-term performance. Several market watchers highlighted Notcoin\u2019s price action during the last three days. Altcoin Sherpa lamented missing the change to buy NOT after its retrace on Sunday night as it was \u201cmoving in lockstep and doing huge numbers the last few days.\u201d NOT bounced \u201cnicely\u201d above the 100-day moving average (MA), as reported by VikingXBT. To the crypto investor, the token has a clear support at $0.016 and a resistance at $0.02, making it \u201clook like a winner.\u201d Crypto analyst World of Charts stated that NOT\u2019s breakout from the descending channel was confirmed. The analyst expects NOT to move \u201ctowards 80%-90% bullish wave\u201d and hit a new all-time high (ATH) above the $0.3 mark. Related Reading: Bitcoin Price Downtrend Continues: Brace for More Losses As of this writing, NOT continues to soar and trades at $0.01717. This performance represents a 15.5% rise in the last 24 hours and a 21.5% increase in the past week. Featured Image from Unsplash.com, Chart from TradingView.com<\/p>\n","protected":false},"author":614,"featured_media":628451,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[26263,10923,92477,92706,92468,92473,92491,4085,13177,89448,92601],"class_list":["post-628448","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-crypto-analyst","tag-crypto-market","tag-not","tag-not-bullish","tag-notcoin","tag-notcoin-price","tag-notusdt","tag-telegram","tag-telegram-open-network","tag-the-open-network","tag-ton-blockchain"],"acf":[],"yoast_head":"\n
Notcoin Rises 80% Over The Weekend, NOT Explosion Coming?<\/title>\n \n \n \n \n \n \n \n \n \n \n \n \n \n\t \n\t \n\t \n \n \n \n \n \n\t \n\t \n\t \n