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《Binance's New POOL -- NOTCOIN Alternative Perspective Analysis and Price Forecast》
Today, Bouncebit finished mining and listing, and it was a successful delivery with a low opening and high closing. Then we need to focus on the next Pool project, which is Notcoin.
There are many articles on the market analyzing this project itself. The angle I want to talk about may be slightly different. I want to analyze the big background of Notcoin more, and then see how to seize the wave of wealth that Notcoin may bring. After all, the time when this pool project was launched (midnight) can show the difference from other regular pools.
Notcoin's selection represents Binance's attempt to allocate new chips under the current specific market sentiment and market conditions, and it is also an attempt to introduce traffic from outside the circle.
What is Notcoin in one sentence:
It is a viral spread game that can earn coins by clicking, similar to WeChat games, but it is a Telegram version.
Why was it chosen by Binance and OK to be listed on the Pool at the same time? Is it because the project itself has commendable highlights or mechanisms? Is it because it is beautifully made? Is it because it is endorsed by a large institution?
No! He has none of the above.
There are only two highlights and fundamentals:
1. It has a massive user base - more than 30 million users, and once had hundreds of thousands of daily active users close to millions.
2. No VC, close to 100% circulation (catering to the current industry's antipathy towards high-valued, low-circulation VC coins)
At the same time, it also represents a narrative that the cryptocurrency industry urgently needs - fresh blood outside the circle. After all, Telegram is the world's fifth largest instant messaging software and has 800 million active users. The TON chain shoulders the heavy responsibility of attracting new users to the coin circle, and NOTCOIN is the first attempt to go out of the circle.
Now you can understand why this game seems so simple, even a little boring and stupid, right? Because a little bit of complexity may keep many Web2 users out of the door. So, this game is a tool for TON chain to divert traffic from Telegram.
What everyone really deserves attention is whether this $NOT will have a spring if it succeeds in making money (after all, it is relatively free of the VC gathering, super high valuation, low circulation and other problems that everyone criticizes), and whether the TON ecosystem will have a spring. Are you ready for the next Notcoin with the knowledge and tools?
Next, I will write a series of popular science articles about the TON ecosystem and start introducing some potential TON projects.
From the perspective of TON's chip allocation, I would like to remind you of a few points:
1. 100% unlocking when listing does not mean that 100% of the tokens will enter the transaction at the opening, including the airdrops belonging to miners may not be fully received, and there is uncertainty about the time when the distribution outside the miners enters the secondary market.
2. At present, 794,900 NFTs have been produced by the game. According to the official ratio (1:1000), 8 billion tokens can be exchanged, that is, the initial number of tokens may be between 10 billion and 15 billion.
3. DWF is the market maker of $NOT, and DWF is also a very early hardcore supporter and promoter of the TON ecosystem. It can be said that they have a close relationship.
About token price prediction:
Currently, the floor price of 10,000 $NOT NFTs in the market is 14.6 $TON , and if we calculate it at 7 dollars per $TON , the price of each $NOT is 0.01 dollars. That is to say, the estimated FDV of the project in the pre-sale market has reached 1 billion.
Since the secondary market has seen a money-making effect after the launch of $BB this time, and people tend to view this coin as a Meme, I personally think that it is possible that the price will open low and go high, and the final price after the opening will be between 0.008-0.012. Considering DWF's trading style, if the market sentiment is stable at the opening, the possibility of a surge is not ruled out.
In addition, the amount of NOTCOIN given to Binance pool this time is very small, accounting for only 3% of the total. Unlike other projects, this project has a huge initial circulation, so the pool income is likely to be very limited, and it is not recommended to borrow BNB for mining.
But everyone still needs to pay attention to $TON. If the listing price of $NOT is good, it is likely to continue to bring upward momentum to $TON, not to mention that $TON has not yet been listed on Binance for spot trading.
