Joining the ranks of top gainers, NOT and TON are preparing for a double-digit surge
Recovering from last week's fall, the cryptocurrency market is seeing gains extended by Notcoin and Toncoin.
It climbs 10%, emerges as top gainer, and eyes a double-digit price surge.
Following its launch on Binance Launchpool, Toncoin had a significant 11% rally on Wednesday.
Wednesday saw a 10% extension of gains for Notcoin (NOT), a play-to-earn cryptocurrency that is part of the TON ecosystem. To the tune of $7.116, Toncoin (TON) is now trading hands.
On August 14, these market-moving events are fueling a surge for the two tokens:
NOT and TON's social projects team have released a story-driven game on Telegram. The popularity of Notcoin's play-to-earn gaming platform is expanded upon in Lost Dogs.
On August 14, Toncoin's price surged due to its listing on Binance Launchpool.
According to the tracker at TheCoinDetective, both tokens are now trending.
NOT and TON continue to rise, further increases are expected
The price of NOT has been falling for some months now. Following Wednesday's surge to a high of $0.0129, the coin is expected to continue its upward trend. The current price of NOT is 10% higher than its $0.01362 objective.
Crossing the MACD and signal lines is a positive indication for NOT, according to the Moving Average Convergence Divergence (MACD) indicator. A possible gain of double digits is possible because to the underlying bullish momentum in the price trend of NOT.
In case the asset's value drops, NOT could find support in the FVG region between $0.01135 and $0.01217.
Meanwhile, TON has the potential to reach its $8 objective and increase gains by 12.46% if the coin continues to move higher. As of Wednesday, after being listed on Binance's Launchpool, TON is trading at $7.124. Listing on a major cryptocurrency exchange, such as Binance, may often trigger an asset's price increase—a phenomenon referred to as the "Binance effect."
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