The “terrible collapse” of the price of NOTCOIN (NOT) in the understanding of the project’s haters looks like this. Since yesterday, the asset has grown +37%. From the reversal on May 24 by +56%.

Capitalization increased to $707 million.

Liquidation tracking services today have already recorded the liquidation of a short for $66 thousand. The first, but not the last. And the haters, turning to farmers, said “who will buy from you?” You will if you short 😁

Technically, the “Cheap” signal worked perfectly on the four-hour timeframe from our trend reversal indicator (built on the basis of Thomas DeMark’s candlestick analysis method).

At the same time, earlier the asset’s chart broke four (!) “Cheap” signals on a two-hour timeframe; the asset could not contain the pressure from sellers.

This means that it is now worth taking a closer look at the signals on the four-hour timeframe. In particular, to the “Expensive” signal.

The current growth has already absorbed all the decline since May 18. While the start of the Elliott Impulse Wave 1-2-3-4-5 is looming. And the price is in the third wave. For now, the excitement is conditional, because it is not clear whether the third wave has ended. It's quite possible not. If the price consolidates above $0.007649, this is an order for an uptrend to the new ATH.

What is the reason for the emerging reversal? Except, of course, that the managing partner of the market maker of the DWF Labs project, Andrey Grachev, directly hinted in X with the phrase “Probably nothing 😎” that they were working on the token and the bears would suffer.

Fundamentally, the asset looks attractive. For example, income from staking within the application appeared. The system started working in Beta version. We missed the start and didn't have time to try it out. But it’s already clear how it will happen. You need to complete tasks and receive a certain number of coins per hour. The higher the level (Bronze, Silver, Gold, Platinum), the higher the income will be. 

The Notcoin team itself is already boasting about the staking conditions - 300%+ APY for Platinum users:

“60 NOTCOIN per hour, x 24 hours = 1440 NOTCOIN per day, x 365 days = 525 thousand NOTCOIN per year. How many pools per user? Unlimited :)"

Plus, tokens are NOT being implemented into games where part of user costs will be burned (except for#Catizen- now #Whale).

Just a penny for now, but the main thing is that the trend continues. A Trade Bot is also being developed for trading tokens on Telegram, where part of the commissions will be used to reduce the supply of NOT tokens (a utility function in trading on the messenger platform ❗️). And unbranded tokens will be burned or distributed for the development of the ecosystem. 

In short, the development of the project promises to be interesting. We left some of our coins in staking and let’s see what comes of it.

ps: Among the projects replacing#Notcoinis HAMSTER COMBAT. We didn’t start working on it because it contained too many advertisements from#BingX(the game is announced as a joint development of the project team and BingX). And it looked like a project of one, not top, exchange. And after they, luring new users, promised to be the first to list NOTCOIN and did not do so, there was even less faith that their own project would eventually “take off.” The project is presented as “the main competitor of NOTCOIN.” And, perhaps, in terms of the number of users this is now true. BUT:

- The value of the asset is not visible after listing (no ecosystem, no practical applicability). This is the main thing. NOTCOIN has an advanced messenger with almost 1 billion monthly active users. What does HAMSTER have?

“It feels like the activist has involved so many children that nothing good will come of it.” Notcoin, judging by the chats, had a better situation.

We believe that HAMSTER COMBAT will not repeat the success of Notcoin. Are we right, or is it the classic “I want to be right because I missed the trend” - we’ll find out soon. For now we just continue to collect coins in #TapSwap. Other “tapalkas” did not fit into our daily schedule. Although the drop from#WUFturned out to be extremely sad (“generous” drop for $1, in which you had to spend $0.4 SOL for the brand) and clearly not worth it. And just now the project has announced that it will not be released on the#Solanablockchain.

For us, access to Solana was one of the important arguments to collect project coins.