$NOT | Current Price: 0.007927 | -3.68%

Notcoin has recently caught the attention of the crypto community with an impressive 32% surge in just two days. This momentum comes on the heels of the launch of its innovative Earn Program, designed to reward token holders and cultivate a strong, engaged user base. Built on the TON blockchain, Notcoin's unique tap-to-earn Telegram game is redefining how players can interact with crypto, and its growing ecosystem is capturing the interest of both gamers and investors alike.

What sets Notcoin apart from other tokens in the space? First and foremost, it boasts a powerful community-driven model, with over 900 million users engaging in its ecosystem. This massive user base not only supports its gaming initiatives but also gives the $NOT token utility beyond the gaming world—empowering transactions across Telegram and offering a platform for Web3 developers to reach a broad audience. The launch of the Earn Program further incentivizes token holders, pushing the project into the spotlight and reinforcing its long-term potential.

Technical Insights: Bullish Signals Ahead
From a technical perspective, Notcoin shows promising signs of continued upward momentum. The asset recently broke free from a rising wedge pattern, a classic signal of bullish potential. This breakout is further confirmed by a bullish engulfing candle, suggesting that the buying pressure could lead to significant price increases. Additionally, the RSI has bounced back from oversold territory, indicating renewed buyer strength and further supporting the positive outlook.

Key Levels to Watch
For traders looking to capitalize on Notcoin's movement, it's important to keep an eye on key support and resistance zones. The $0.0075 support level provides a solid foundation for any potential price corrections, while the immediate resistance is at $0.0085. A successful breach of this resistance could set the stage for a push toward the $0.0090 range, presenting an opportunity for further gains.

Conclusion: A Strong Contender in the Crypto Market
The combination of Notcoin’s community engagement, groundbreaking features, and bullish technical indicators positions it as a promising asset in the cryptocurrency space. With a thriving community and a unique approach to combining gaming, blockchain, and Web3 development, Notcoin is on track to be a major player. As always, investors should conduct their own research and assess the broader market trends before making any investment decisions.

Disclaimer: This is not financial advice. Please perform your own due diligence before making any investment decisions.
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Popular transaction tracker Shibburn, which monitors SHIB transfers to dead-end wallets, has shared that since last morning, the SHIB army has been actively shoveling meme coins into the virtual furnace of zero wallets.

Their actions over the last day have triggered a significant rise in the daily burn rate. This happened while the price of the second largest meme cryptocurrency, Shiba Inu, attempted to break out but failed to push through the resistance at $0.00002888.

Burn rate jumps by 515%

Data shared by the aforesaid source revealed that overnight, the SHIB burn rate skyrocketed by a massive 572.29%, with 72,847,617 SHIB locked in unspendable wallets. The largest single transfer to an “inferno” wallet contained 70,605,175 SHIB coins, and it was conducted roughly an hour ago. The second biggest one carried 1,724,757 SHIB 22 hours ago, according to Shibburn.

The burn rate reading over the past week does not look so optimistic. A recently published Shibburn tweet shows that over the past seven days, the community has sent 94,189,104 SHIB to zero wallets.

The majority of burns has all the time been made by SHIB users, where recently some new crypto projects have been stepping in to help as they burned several billion worth of SHIB.

The SHIB developer team itself claims that they also transfer roughly 400,000,000 Shiba Inu to unspendable blockchain addresses every month.

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SHIB price performance

While the burn rate of the prominent meme cryptocurrency has shown a big increase, the price has so far failed to follow in its footsteps.

SHIB has displayed a roughly 4% surge, testing the $0.00002888 resistance level, but then it pulled back and is changing hands at $0.00002848 at the time of writing this article.

Still, the good news is that since Dec. 10, Shiba Inu has performed a more than 17% upward movement.

The interest in $LUNC continues to grow day by day, with notable investors and well-known figures in the crypto community starting to show more attention towards it. As you are likely aware, the LUNC community has been expanding and developing steadily. Over the past two years, major exchanges like Binance, as well as the LUNC community itself, have been actively burning LUNC coins.
In addition, the community and Terraform Labs (TFL) have also been burning a significant amount of $USTC coins. This has caught the attention of many people, but there is still a lack of confidence in these coins. Many investors are still hesitant, mainly due to the massive losses incurred in 2022 with the collapse of $LUNA and $UST, which later transitioned into LUNC and USTC.
At that time, many investors lost huge sums of money, and unfortunately, some even lost their lives as a result of the immense financial blow. LUNA's price, which had once been as high as $119, plummeted to near-zero levels, dropping to between $0.000001 - $0.000054, as nearly 6.9 trillion coins were printed. Similarly, $UST lost its peg, deviating from its $1 value and dropping to as low as $0.001. These events shook the entire crypto market, and investors were left devastated.
Terraform Labs and Do Kwon, the creator of LUNA and Terra, claimed to have taken measures to prevent the collapse, but it soon became clear that these efforts were insufficient or even intentionally inadequate. Some speculate that this was part of a larger plan orchestrated by bad actors or that Do Kwon himself failed in his attempts to stabilize the ecosystem.
Today, Terra Labs has gone bankrupt and is expected to close completely soon. Meanwhile, Do Kwon has been imprisoned for a long time and will likely face heavy fines and penalties for his role in the collapse. While the damages are immense, there is still a chance for recovery, albeit a long-term one.
Can LUNC Recover?
There is hope that LUNC could make a comeback, at least to some extent. One way this might happen is through the complete reduction of the circulating supply of LUNC, which could potentially lead to the price rising again. Additionally, USTC could eventually peg back to $1.
While these outcomes may seem impossible in the short term, they are not entirely out of the question in the long term. So far, over 400 billion LUNC and nearly 4 billion USTC have been burned, which is already a significant step forward. The backing of major exchanges, like Binance, who have been burning LUNC alongside their own BNB coin, is a positive sign.
As time progresses, more and more coins are being burned, and this trend seems to be accelerating, with large-scale burns happening almost every day. For example, just two months ago, Terraform Labs burned all of their remaining coins on the Shuttle Bridge, and when they close down completely, they will be required by court order to burn all their remaining LUNC and USTC.
This includes assets held by Do Kwon and the LFG (Luna Foundation Guard). There is still uncertainty about the exact amount of coin burns to come, but the general belief is that these two coins will eventually recover and improve, possibly even surpassing their former levels.
However, it's important to note that this recovery is still just a possibility. It’s crucial not to fall for unrealistic expectations and set your sights on prices like $1 or $119 for LUNC. Such targets might be tempting, but they are speculative at best. In the most optimistic scenarios, LUNC may reach somewhere between $0.0001 - $0.01, or perhaps even $0.1 - $1 + . But again, this is purely speculative.
If you’ve invested in LUNC or USTC, it’s vital to always take profits when these coins rise. This allows you to protect your gains and secure your capital. If you are holding these coins, consider selling a small portion, such as 10%, if the price surges dramatically. This helps to lock in profits and ensures that you have cash in hand, regardless of what happens with the market in the future. I’m not suggesting you sell all of your holdings, but simply to remain cautious and take profits as the market progresses.
Another important piece of advice is to never invest all of your money into a single coin. Always diversify your investments, as this spreads your risk and reduces exposure to market volatility. When investing in coins like LUNC or USTC, set small and achievable targets.
For instance, if the coin rises significantly, take some profits along the way, rather than holding out for unrealistic returns. Many small investors fall into the trap of putting all their money into a single coin with the hope of getting rich. Unfortunately, when these coins fail to meet their expectations, they often end up losing everything, losing confidence, and even abandoning the market altogether.
During bull markets, it’s particularly easy to get caught up in the excitement, but it’s important to remember that the most dangerous period in crypto is often the bull market. This is when FOMO (Fear of Missing Out) is at its peak. People panic-buy, sell off their holdings to chase rising coins, and sometimes even use high-leverage margin trading to amplify their gains.
But this also amplifies their losses. Even in a bull market, there can be rapid pumps followed by steep corrections, and prices can drop as much as 30% to 60% in a matter of days. This fluctuation is part of the strategy for some larger investors who manipulate the market by pushing prices up to sell at the peak, then allowing prices to fall, clearing out weaker investors.
In conclusion, while the future of LUNC and USTC may hold some promise, it’s important to manage expectations and remain vigilant. The path to recovery for these coins is long and uncertain, but with continued support from major players and the ongoing burning of coins, we may see a gradual increase in value over time. However, never forget the volatility and risks involved in crypto investments. Always take profits when available, set realistic goals, and never invest more than you can afford to lose.
Thank you for reading and evaluating my post up to this point 🙏