Date: Monday, August 26, 2024, 02:46 AM GMT

The crypto world was shaken yesterday by news of the arrest of Pavel Durov, the founder of Telegram. Durov’s arrest, which is believed to be related to an investigation into his alleged involvement in criminal activities related to Telegram, sent shockwaves throughout the market, particularly impacting tokens associated with the Telegram and TON ecosystems.

Notcoin price drops sharply

Notcoin $NOT, a popular TapToEarn project in the Telegram ecosystem, has experienced a sharp decline. As of yesterday, the price of NOT has dropped more than 15%, falling to a key support level of $0.092. This sudden drop has many investors wondering: Is this just a temporary setback or a golden opportunity?

A golden opportunity?

Despite the recent turmoil, there is a glimmer of hope for Notcoin holders. Historically, NOT has proven resilient, with the $0.092 price range acting as strong support. Notcoin has bounced back from this point twice in the past, and many are hoping that history will repeat itself. In fact, the price has recovered slightly, currently trading at $0.095.

For those with a long-term vision, this could be a great opportunity to buy in at a lower price. If there is positive news on Pavel Durov’s situation, there is a high chance that Notcoin will regain its upward momentum, potentially marking the current dip as a rare opportunity to invest before a possible price increase.

However, the situation remains volatile. If the investigation into Durov leads to further negative developments, the outlook for Notcoin and other Telegram-related tokens could change rapidly.

In the crypto world where volatility is the norm, Notcoin's current price drop may be just the opportunity savvy investors have been looking for.

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