In a shocking turn of events, Notcoin, the token linked to the popular Telegram-based clicker game, experienced a sudden 5% price drop this morning, plummeting from $0.01619 to $0.01549 in just two hours. However, in a stunning display of resilience, $NOT
quickly recovered, surging nearly 1.5% in the previous hour and 3% since yesterday noon.
Despite the initial volatility, Notcoin's rapid rebound suggests that it's not in dire straits. In fact, the token has seen a significant 33% increase in value over the last week, outperforming its original blockchain, The Open Network, and its native currency, Toncoin ($TON).
So, what's behind Notcoin's remarkable surge? For starters, its user-friendly interface and engaging gameplay have made it a breeze for new users to join and start earning $NOT. With a simple tap on the gold coin, users can begin their journey, and by completing quests and community deeds, they can earn additional taps.
Furthermore, the project's recent announcement to launch an accelerator to aid in the development of the TON and Telegram ecosystems has likely boosted investor confidence.
While it's still early days for Notcoin, its impressive start since its introduction on May 16th is undeniable. Reaching a record high of $0.02836 on June 2nd, the token has since fallen 44% but still shows promising signs of recovery.
With an RSI of 52, considered healthy, and potential support levels at $0.01, Notcoin may still have room for growth this week. As the token continues to evolve and mature, it's essential to keep a close eye on its developments and market trends.
Will Notcoin continue to defy expectations and thrive? Only time will tell, but for now, its resilience and rapid recovery suggest a promising future ahead.
