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Curious about the potential of Notcoin? Read this post and don’t miss your chance to invest in one of the biggest stories of this year!

#NOTCOINLAUNCHPOOL

I. What is Notcoin?
What is Notcoin?
How does it work? 
Notcoin ($NOT), a play-to-earn game and token integrated as a mini-app on Telegram, is trending on X amid major cryptocurrency exchanges preparing to list the token.People can access Notcoin by downloading and opening the Telegram messaging app. The clicker game lets you earn tokens by performing simple tasks and tapping on the coin icon. Each tap results in one Notcoin being added to your account. As you tap, your energy limit depletes. However, the energy limits will refill during times when you’re not tapping.
Achievements:
Rapid User Acquisition: The game experienced significant user growth, reaching 550,000 during its closed beta and referral phase. Within just 10 days of its official release, it skyrocketed to an impressive 6.3 million users, highlighting its rapid adoption rate.Massive User Base: Notcoin boasts a substantial user base of over 35 million players. Additionally, it's noteworthy that one in three Telegram Premium members actively engages with the game, indicating its widespread popularity within the TON ecosystem.

Launchpool & Token Information  

Token Name: Notcoin (NOT)Launchpool Token Rewards: 3,081,576,651 NOT (3%  of max token supply)Initial Circulating Supply: 102,719,221,714 NOT (100% of max token supply)Smart Contract Details: EQAvlWFDxGF2lXm67y4yzC17wYKD9A0guwPkMs1gOsM__NOTFarming Period: 2024-05-13 00:00 (UTC) to 2024-05-16 23:59 (UTC). (3 days)Supported Pools: Stake $BNB: 2,619,340,153 NOT in rewards (85%) Stake $FDUSD: 462,236,497 NOT in rewards (15%)

$NOT is a community token:

Explore: Users earn when discover web3 productsPlay: Users participate in new games and get more Contribute: Users earn by adding value to the ecosystemOffer: Web3 builders can offer their products to the community via Notcoin campaigns

Don’t fade on Notcoin, participate in the launchpool now 👇

Join NOTCOIN Launchpool Now

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III. Price Prediction & Our POV
Price Prediction
Total Supply: 102.7BOTC Price on Getgem: 0.0022$ ~ $230 Millions Market Cap

Considering all the information above, $NOT price could be around 0.002$ - 0.003$ at the listing ATH price and traded mostly around 0.004$ with market cap around $400M - $500M

Our POV
Pros:
Community Token: NOT is a community-driven token, which means it has a dedicated user base actively involved in its development and promotion.
Limited Selling Pressure: The token rewards from Launchpool constitute only 3% of the total, leading to minimal selling pressure from Binance users. This could potentially stabilize the price.
Demand for Staking: There's significant demand for purchasing NOT to stake and earn rewards. This demand could potentially drive up the value of the token.Large Holder Base: With over 35 million holders, NOT already has a considerable user base, indicating its popularity and potential for growth.
Strong Community Engagement: Being one of the top 5 largest Telegram communities suggests a high level of community engagement and support, which is crucial for the success of any cryptocurrency project.
Burn Mechanism: The burn mechanism can help reduce the token supply over time, potentially increasing its scarcity and value.

Cons:
In-Game Token with No Max Supply: $NOT being an in-game token with no maximum supply could lead to concerns about inflationary pressures on the token's value over time. Without a cap on supply, there's a risk of dilution.
Primarily Community-Driven: While community support can be a strength, relying too heavily on community sentiment and engagement could make the token more susceptible to volatility and manipulation.

Given these pros and cons, investing in NOT could be a high-risk, high-reward proposition. It's essential to carefully assess your risk tolerance and do thorough research before making any investment decisions. If you believe in the strength of the community, the potential for staking rewards, and the token's burn mechanism to mitigate supply concerns, NOT could be worth considering as part of a diversified investment portfolio. However, be mindful of the risks associated with its status as an in-game token and its lack of a maximum supply.

→ In our view, setting buy orders within the range of $0.0015 to $0.0002 (based on our price prediction) seems reasonable. 

Don’t fade on Notcoin, participate in the launchpool now 👇
Join NOTCOIN Launchpool Now

Don’t have an account? Register & Trade Now to Get a 10% Fee Discount 👇 
Trade Now With a Permanent 10% Reduced Fee

To mark this milestone of Bitcoin Halving, all verified users can complete specific tasks on Binance Square during the Activity Period, and qualify for up to $10,000 of SATS token voucher reward.  Activity Period: 2024-03-04 09:00 (UTC) to 2024-04-14 09:00 (UTC)All KYC-verified Binance users who log into their Binance accounts and complete the following tasks during the Activity Period will qualify for the $10,000 of SATS reward. Tasks: Comment your prediction for the price of BTC on 20th April 00:00 (UTC+0)  on this post. Share this post on your social media and #HalvingHorizonsThe user with the closest prediction will win $5000. If more than one user shares the same prediction, you’ll share the price pool. AndIf you correctly guessed the price and signed up for a Binance account during the activity period through the shared link of this post or the Binance Square referral link, you can unlock a share of extra $2000 price poolAndIf you correctly guessed the price and completed at least 10 trades during the activity period, you will unlock a share of the extra $3000 price poolEach user can only submit 1 entry. Terms & ConditionsThis activity may not be available in your region. Eligible users must be logged in to their verified Binance accounts whilst completing tasks during the Activity Period in order to qualify.The $10,000 of SATS token voucher rewards pool will be divided equally among all qualified users.Winners will be notified via a push notification under Creator Center > Square Assistant. Voucher rewards will be distributed within 21 working days after the activity ends. Users may check their voucher rewards via Profile > Rewards Hub. The validity period for the voucher is set at seven days from the day of distribution. Learn how to redeem a voucher.Illegally bulk registered accounts or sub-accounts shall not be eligible to participate or receive any rewards. Binance reserves the right to cancel a user’s eligibility in this activity if the account is involved in any behavior that breaches the Binance Square Community Management Guidelines or Binance Square Community Platform Terms and Conditions.Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these terms and conditions without prior notice, including but not limited to canceling, extending, terminating or suspending this activity, the eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all participants shall be bound by these amendments.Binance reserves the right of final interpretation of this activity.Additional promotion terms and conditions can be accessed here.There may be discrepancies in the translated version of this original article in English. Please reference this original version for the latest or most accurate information where any discrepancies may arise. 

Technical Analysis

By Edris

Bitcoin’s price has recently surged above the key $30K resistance level, following a rebound from the $25K support zone. However, a correction seems probable in the short term.

The Daily Chart

On the daily chart, the price has broken through the $30K resistance level and has aggressively rallied toward the $35K area.

Yet, the price is currently consolidating at the mentioned level, pointing to a potential correction in the coming weeks. Moreover, the Relative Strength Index is deep into the overbought territory and also shows a clear bearish divergence between the last two price highs. This signal further boosts the probability of a rejection from the $35K zone.

Source: TradingView The 4-Hour Chart

By examining the 4-hour timeframe, the situation becomes more apparent. The market has been creating an ascending channel around the $35K mark, which is a pattern signaling a potential bearish reversal if the price breaks below it.

On the flip side, a bullish breakout above this pattern could trigger a more substantial rally toward the resistance level at $37K. Furthermore, in this timeframe, the Relative Strength Index is hovering around the 50% mark, suggesting that momentum is currently in a state of equilibrium.

Consequently, the outcome is likely to be determined by which direction the market breaks out of the mentioned channel.

Source: TradingView On-Chain Analysis Bitcoin Active Addresses 

Bitcoin’s recent rise in price has turned many heads back toward the crypto market. While some assume a new bullish phase has already begun, others might think of the recent rally as another bull trap. Analyzing the underlying fundamentals of the Bitcoin network can provide valuable insight in this occasion, and one of the most prominent network metrics is the number of active addresses.

This chart depicts the 30-day exponential moving average of Bitcoin’s active addresses, which are the number of unique addresses that successfully transacted BTC on the network, either as a sender or receiver.

It is evident that since the beginning of 2023, the number of active addresses has been increasing gradually. This is one of the most influential reasons behind the bullish price action witnessed over the last 9 months. Meanwhile, in case the metric continues its rise, the recent bullish move would likely be sustained. Otherwise, a drop in network activity can be one of the first indicators of a potential bearish reversal.

Source: CryptoQuant

The post Is Bitcoin About to Plunge Deeper Below $34K or is a Continuation Coming? (BTC Price Analysis) appeared first on CryptoPotato.

Solana, often referred to as the “Ethereum killer,” has been making significant strides in the crypto market recently, with an impressive 30-day gain of almost 81%. Over the past week, SOL has surged by over 30%. On Nov. 2, SOL reached a milestone, surpassing $41 in value, a level not seen since August of the previous year.In contrast, Solana has significantly outperformed its rival, Ethereum (ETH), which saw gains of less than 11% in the same one-month period. This outstanding performance highlights SOL’s growing prominence in the industryFurthermore, Solana has witnessed substantial inflows of capital into related investment products in recent weeks, as reported by CoinShares. Despite these recent gains, SOL is still down by approximately 84% from its all-time high, which was achieved on Nov. 6, 2021, at nearly $260.The latest surge was largely driven by the much-anticipated testnet launch of Firedancer, a critical scaling solution for the Solana blockchain. This was a long-anticipated solution for the network. Dan Albert, the executive director of the Solana Foundation, unveiled this development at the Breakpoint conference on Oct. 31. Firedancer, developed by Web3 firm Jump Crypto since August, serves as a new validator client for the network. This initiative aims to enhance the network’s speed, reliability, and validator diversity. The mainnet launch is expected in the first half of 2024.Firedancer holds particular importance for Solana, as it is seen as the remedy to past network outage challenges. These were described as a “curse” by Anatoly Yakovenko, the founder and CEO of Solana Labs. In 2022, Solana experienced 14 partial or major network outages, but the network’s uptime notably improved in 2023, with only one major outage reported in February.Can Solana reach the $50 mark?Despite SOL’s uptrend, there are concerns about potential selling pressure on SOL. Nearly $56 million worth of cryptocurrency associated with FTX was unstaked and moved to an unknown wallet. Additionally, another $32 million worth of SOL connected to FTX and Alameda Research has been transferred to a wallet suspected to be the designated liquidator for these firms, Galaxy Digital.Furthermore, with these concerns, SOL’s price continues to gain momentum. After a brief rejection at $33.29, the token has surged, breaking through resistance levels and surpassing $40 for the first time this year. This further marked a 14-month high. Currently, the price is hovering near the $42.50 level, with expectations of an imminent test of this crucial threshold. Solana’s remarkable performance and ongoing developments position it as a prominent player in the ever-evolving cryptocurrency landscape.#SolanaPredictions #sol

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The cryptocurrency market remains a focal point of attention due to speculation about the potential approval of a spot Bitcoin Exchange Traded Fund (ETF) by the Securities Exchange Commission (SEC). As anticipation builds, various industry experts have made predictions, offering different timelines for when the product might receive approval.
In this line, Neel Maitra, a partner at Wilson Sonsini and former member of the SEC chairman Gary Gensler’s crypto division, has offered a prediction noting that the spot Bitcoin ETF could become a reality in months, Benzinga reported on October 27.
He highlighted a significant factor favoring a spot Bitcoin ETF approval: the strong correlation between Bitcoin futures and the spot market. This connection suggests that concerns over potential market manipulation may be overstated, a crucial argument against approving a spot ETF.
“At a high level, it does seem that a spot BTC ETF is something that could indeed be approved and be trading in a matter of months,” he said.
SEC’s potential embrace of the crypto sector
In his view, the possible approval of a spot Bitcoin ETF aligns with the growing sentiment in the crypto industry that the SEC is warming up to embracing digital assets and related financial products.
Indeed, the speculation regarding the ETF topic has been rekindled following years of the SEC’s consistent rejection of applications. Notably, the SEC recently faced a setback when a judge ruled that the regulatory body had no valid grounds to reject the application by crypto-focused asset manager Grayscale, seeking to transform its GBTC Bitcoin fund into an ETF.
Anticipation has risen since the SEC chose not to appeal this decision, potentially clearing the path for the product’s approval. The judge’s decision hinged on the SEC’s prior approval of a Bitcoin futures ETF in 2021. At that time, Chair Gensler argued that the futures market offered more inherent protections for investors compared to the spot market.
The surge in enthusiasm can also be traced back to including BlackRock’s (NYSE: BLK) Bitcoin ETF in a list overseen by the Depository Trust and Clearing Corp, a clearinghouse associated with Nasdaq responsible for managing stocks and ETFs.
Significance of spot ETF in crypto
The prospect of a Bitcoin ETF gaining approval has sparked considerable enthusiasm, primarily driven by its potential to lure institutional investors into the cryptocurrency space while offering them a regulated and more easily accessible path for Bitcoin investments.
It is essential to bear in mind that, despite the mounting optimism surrounding the green light for a Bitcoin ETF, the final decision by the SEC remains uncertain. Historically, the SEC has exhibited caution in handling cryptocurrency-related financial products, citing concerns such as market manipulation and the safeguarding of investor interests.
In the meantime, Bitcoin continues to target the $35,000 level after gaining by over 15% in a week following the ETF speculation.
$BTC #sec

The upward trajectory of Bitcoin's price has encountered resistance in the vicinity of the $35,280 threshold, as shown on the daily timescale.
The recent retracement has resulted in the formation of a pennant pattern in the price movement of Bitcoin (BTC), with a projected objective of $40,153.
The optimistic perspective will lose validity if the dominant #cryptocurrency breaches and concludes below the psychological threshold of $38,000.
In the current landscape, there continues to be optimism around the potential approval of a Bitcoin Exchange-Traded Fund (ETF), while the narrative surrounding the halving event remains a consistent factor contributing to the upward trend in Bitcoin's value.
The price of Bitcoin (BTC) has the potential to reach $40,000 in the upcoming week following a substantial upward movement observed this week. The surge in market optimism lacked a specific catalyst, however three explanatory frameworks emerged throughout this period. The aforementioned items were:
The address delivered by Jerome Powell, the Chair of the Federal Reserve, at the Economic Club of New York.
The upcoming Bitcoin halving, scheduled for April 2024, is approximately half a year from the present day.
There is ongoing speculation over the imminent introduction of a Bitcoin (BTC) exchange-traded fund (ETF).
There is a possibility that Bitcoin may reach a value of $40,000 in the upcoming week, as indicated by a pennant formation.
The price of Bitcoin (BTC) has exhibited the development of a pennant on the daily timescale. This technical pattern is commonly understood as a continuation chart pattern, which can be used to make predictions about the duration of the major trend. The observed chart pattern manifests when an asset exhibits a substantial upward or downward movement, then followed by a brief period of consolidation, prior to resuming its previous directional movement.
The price of Bitcoin has exhibited the construction of a symmetrical triangle pattern, accompanied by a flagpole denoting a significant initial movement preceding the triangle formation. The provided daily chart exhibits a purple line that traces the movement of BTC starting from the candlestick on October 19 and extending to the intra-day peak of $35,280 seen on October 24. The breakout levels, whether bullish or bearish, and the pennant itself are further significant components of the pennant.
The present analysis concerns the forecast of Bitcoin's price, taking into consideration the presence of a Pennant pattern.
The price of Bitcoin has exhibited a positive trend, with a significant increase of 30% since mid-October. Nevertheless, the dominant cryptocurrency encountered resistance at the price level of $35,280, prompting the initiation of profit-taking activities.
The decline in the Relative Strength Index (RSI) indicates a decrease in momentum. The Tenkan and Kijun indicators, renowned for their ability to improve the visual interpretation of price movement, support this perspective. The values of $31,690 and $30,909 are being observed as indicators of a decline in the price of Bitcoin.
Therefore, it is conceivable that the price of #bitcoin may see a temporary decline before the upward trend in BTC restarts. In this scenario, the potential lower bounds may be identified as the $33,000, $32,000, or the significant $31,777 threshold.

However, in the event that the pennant chart pattern persists, there is a possibility for the price of Bitcoin to increase, surpassing the significant psychological threshold of $35,000 and surpassing the previous high of $35,280. In an optimistic scenario, the primary cryptocurrency has the potential to reach the psychological threshold of $40,000, maybe encountering resistance at the level of $40,153. The proposed action would result in a significant increase of 20% compared to the existing levels.
The passage of time will ultimately determine the outcome, particularly as the market approaches the weekend. Despite the fluctuating indications of the Bitcoin price in the near future, investors persist in harboring optimism over the potential approval of a spot Bitcoin exchange-traded fund (ETF) by the US Securities & Exchange Commission (SEC) in the near future. In addition, they persist in monitoring the calendar in anticipation of the forthcoming Bitcoin halving event, which is projected to occur in 187 days. Hope may also be derived from the Federal Reserve Chair, Jerome Powell, whose recent speech was regarded as exhibiting a little dovish stance. Consequently, this interpretation led to a decline in the value of the United States Dollar (USD). Bitcoin, a cryptocurrency that has a negative correlation with the United States Dollar (USD), had slight increases in value following a particular event.