244.38K
1.36M
2024-05-10 08:00:00 ~ 2024-05-16 11:30:00
2024-05-16 16:00:00
Total supply102.45B
Resources
Introduction
Notcoin started as a viral Telegram game that onboarded many users into web3 through a tap-to-earn mining mechanic.
Crypto exchange giant Kraken is adding a slew of altcoins to its listing roadmap, signaling upcoming additions to its suite of products. On its updated listing roadmap – which is typically used for transparency and to prevent the front-running of tokens prior to them being listed – the second-largest crypto exchange platform in the US says it’s going to be adding 19 altcoins. Some notable digital assets on the roadmap include memecoins Peanut the Squirrel ( PNUT ) and Neiro ( NEIRO ), and tap-to-earn gaming token Notcoin ( NOT ). Other memecoins being added include Fwog ( FWOG ), MAGA ( TRUMP ), Dogs ( DOGS ), and Moo Deng ( MOODENG ). Furthermore, Kraken says it is planning on integrating three new blockchains – decentralized exchange (DEX) DYDX , decentralized storage network Arweave ( AR ), and Binance’s BNB Chain – as well as their native assets. According to Kraken, tokens under consideration go through a lengthy and extensive listing process that takes weeks. However, being added to the listing roadmap does not guarantee that the crypto exchange will list the token, only that it’s up for consideration. Kraken’s process includes in-depth analysis of a digital asset, a review by its legal team and a vote by the Kraken Listing Committee (KLC). “The committee reviews each listing and then the committee members vote. If the majority of the committee supports the listing, we move forward. Why do we go to all this trouble for every listing? Two words: fairness and integrity.” Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Follow us on X , Facebook and Telegram Surf The Daily Hodl Mix Generated Image: Midjourney
Author: Weilin, PANews The "Tap to earn" type of play-to-earn games is undoubtedly one of the hot trends in the crypto market this year, successfully driving up the popularity of Telegram and the TON blockchain network. For example, Hamster Kombat claimed to have attracted over 300 million players before its airdrop in September. Tracing back to the source of this craze, the tap to earn game Notcoin, which launched on January 1 of this year, is undoubtedly the pioneer of tap to earn games on Telegram. Its token NOT, launched in May, had a market cap that once approached $3 billion in June. On November 1, PANews interviewed Notcoin's founder Sasha Plotvinov during the TON ecosystem conference The Gateway in Dubai, discussing Notcoin's founding concept, token price fluctuations, the current state of the TON ecosystem, and how Notcoin maintains sustainable growth in a competitive market. Sasha stated that simply copying others' gameplay is actually very difficult to succeed. Notcoin now also plays the role of a game publisher. He believes that by focusing on the community, Notcoin has enough depth to become a culture, effectively becoming a "cult." The key to achieving mass adoption of Web3 is first to eliminate all entry barriers, secondly to have a viral mechanism, and finally, to maintain a genuine and personalized product experience. The Challenge for Product Managers: Unexpected Crash on Notcoin's Second Day Sasha's career began as a product manager, where he learned many valuable lessons. He mentioned that the biggest challenge he faced early on as a product manager was that not everything one could think of would work as expected after launch. Many assumptions simply do not hold. And that’s okay; this "uncertainty" is an inevitable part of the development process. He recalled that on January 2, the day after Notcoin's launch, the app crashed almost all day due to overwhelming demand. The team worked from 8 AM to 11 PM trying to resolve the issue but was unsuccessful. The next day, the app still could not function properly. "We were thinking, 'What should we do?' But we also learned a lot. So, we can say we did anticipate this goal, but we did not expect it to happen in this way," Sasha said. "To be honest, we had no experience with high-traffic applications before Notcoin, so we had to learn and adapt ourselves in the face of everything collapsing." Tracing back to Notcoin's history, it was first launched for closed testing on Telegram in November 2023. Initially, the game was marketed as a meme coin with no clear purpose, merely to become a temporary viral phenomenon. At that time, Notcoin attracted over 650,000 users within a few weeks. After its official launch on January 1, over 5 million players joined in just the first week. In the first quarter of this year, Notcoin drove the popularity of Telegram and TON, which now has hundreds of millions of monthly active users, while TON currently has millions of users. In fact, when founding Notcoin, Sasha and his team spent a long time thinking about how to establish a connection and how to guide some users to another platform. They tried many different approaches, but at some point, they realized that they just needed to remove all entry barriers. For Telegram users, entering Web3 does not need to start with complex processes like wallets or gas fees; users can start playing directly. When they start earning, they become more motivated to explore the overall crypto and Web3 ecosystem. Sasha believes this is a form of innovation because many Web3 games were too complicated for newcomers at that time. Sasha and his team decided to simplify the process as much as possible. "We understood that people like mining or earning tokens, so I don't think tapping is the key point here; the key point is more like a mechanism suitable for mining. There can be various ways to mine. We realized that people like to see their balances grow, so why not let them see it? At some point, we would tell them, 'If you want to mint your balance now, you can do it anytime.' I think that was the turning point." Recognizing Telegram's Strong Social Attributes, Believing TON Ecosystem is Still a Blue Ocean Notcoin has become a powerful Web3 technology application scenario on the TON network. When asked why they chose to develop on the TON network, Sasha stated that this decision stemmed from the strong social attributes and openness of the Telegram platform itself. Telegram provides a unique ecosystem that allows crypto applications and mini-games to be directly embedded into the platform. "The opportunity is very clear. There is no 'exclusive secret' or anything like that. We just spent enough time researching these fundamentals to understand the opportunities here." Three years ago, when there were almost no projects on TON, no smart contracts, tokens, or NFTs, Sasha saw the opportunity on TON. "You can imagine it as a bare chain with no activity. It was because we started from that time, and of course, we established close relationships with the foundation and other projects. All the teams building on TON are our friends, and clearly, we all started small. We all began in an environment that was never optimistic until now when everyone has discovered its potential." In his view, if one wants to develop a game now, for example, to launch on the App Store or Google Play Store, they will face many competitors, all vying for users' attention. This makes it very difficult to stand out there. But on Telegram, it is now easy to launch something that can find product-market fit; users will like it, use it, and even be willing to pay for what they like. "This is really a blue ocean; there are almost no competitors here. Being one of the first entrants is very advantageous," he said. About the NOT Token: Highly Decentralized Issuance, Whales Hard to Manipulate In May of this year, NOT was launched on Binance, attracting widespread market attention and significantly boosting trading volume. However, recently, NOT's price has seen a pullback. Additionally, regarding the price fluctuations, are there known supporters or "whales" intervening to stabilize the price? In response to this question, Sasha stated that it is basically very difficult for whales to manipulate Notcoin's price because Notcoin's issuance is very broad and decentralized, meaning there are a large number of users, with 11.5 million people having claimed the tokens. This means that many users hold very small shares of tokens; to manipulate the price, one must be a super whale, like someone holding over $100 million, and they would have to be crazy enough to buy tokens without fully understanding them. "Whales usually prefer VC tokens because they can control a lot of things there, understand all the distribution situations, including lock-up periods, etc. Notcoin has no lock-up period; all tokens were distributed from the start." Sasha explained, "At the peak of trading volume, there was about $4.5 billion in 24-hour trading volume. How much capital would it take to manipulate the price of such a high-risk asset? It's almost unbelievable." Sasha explained that during the summer, the market's reaction to NOT was neither particularly active nor particularly cold. He believes this is because many people were hesitant. "Recently, France decided to arrest Pavel Durov for some strange reasons. I think for some investors, they see it as a risk. Once he is released, the TON ecosystem is expected to grow because this will reduce risks for investors and businesses." Notcoin's development has not always been smooth sailing. Previously, reports indicated that Sasha's team announced in an AMA that the community allocation share of NOT was 95%, but later project announcements showed that the community share was 78%. In response, Sasha clarified, "First of all, when people play the game, they earn some Notcoin. On the first day of the TGE, we basically distributed 78% of the tokens to these players. The remaining portion was distributed through channels like Binance Launchpool, OKX Launchpool, Bybit Launchpool, with approximate ratios of: Binance 4%, OKX 1.5%, Bybit 1.5%. Additionally, we launched activities through some wallets, such as the Telegram wallet, which accounted for about 1% to 2%. Along with all these incentive competitions, this is part of the token listing process." "There is always a need to help traders on exchanges explore your product in some way. So, basically, Launchpool is the most efficient way. This is how we distributed most of the tokens. We also burned some tokens, and in the end, we retained about 5% of the tokens for the project's development over the next few years. This allows us to continue building and ensures that even if we enter a bear market tomorrow, it still makes sense to continue building the project for the coming years." Sasha introduces Not Pixel at the TON ecosystem conference The Gateway 2024 The Future of Notcoin: Becoming a Culture The recent decline in the popularity of some play-to-earn games and the difficulty in user retention is another topic of concern in the market. In this regard, Sasha shared his views. "I believe that games that try to replicate other methods usually fail because people are smart enough not to play 'another tap to earn' game. What people want is fun, emotional experiences, but they also want some real experiences. If you just copy something, people might think: I've seen this before, I don't like it, I don't want it." Specifically, Notcoin does not have a concrete roadmap. Currently, Notcoin has launched Phase 3, with more mini-games being introduced, such as the pixel tap-to-earn game Not Pixel, which attracted over 20 million users within weeks. Sasha emphasized that Notcoin is no longer just a game application; it has become a community with depth. Through collaborations with multiple game projects, Notcoin can return more value to its core community members. "What we are doing now is basically placing Notcoin holders and the Notcoin community at the center. This means that every game currently collaborating with Notcoin is contributing to the core Notcoin community." Sasha mentioned that, for example, 20% of Not Pixel's tokens will be distributed to Notcoin holders and the Notcoin community. They hope to make it more attractive from a product perspective, more like a game profile, where you have your own avatar, customized background, and can play different games. For instance, if you play Not Pixel and complete your first 100 pixel artworks, we will give you some achievement rewards, ultimately making you part of more core community members." Not only is the focus on community building, but Notcoin has also gradually taken on the role of a game publisher. "We help other games; currently, there are only two games, and we assist them in building the right content and launching smoothly. We ensure to introduce them to our community and provide help from a building perspective, whether in coding or many other aspects. But conversely, every game launch contributes to the Notcoin community." Sasha believes that Notcoin was initially an application, but now Notcoin is no longer just an application; it is a community. "You can think of it as something like 'Bored Apes.' It can be very broad, even including restaurants, burgers, etc. Sometimes, the entire ecosystem can be very extensive. Notcoin has enough depth to become a culture, effectively becoming a 'cult' for some of us. In a good way, when people feel that the values in Notcoin resonate with them." The Key to Mass Adoption: Eliminating Usage Barriers and Adopting Viral Mechanisms Although Notcoin is currently primarily based on the TON ecosystem, Sasha stated that the team does not rule out expanding the project to other blockchains in the future. When discussing development on TON, Sasha mentioned that users need more time to adapt to and trust cryptocurrencies. Investing funds into cryptocurrencies, etc. "What we see now is actually just the beginning of real impact because these numbers are just numbers. But in two or three years, we will see those who truly enter Web3, and their entry process began with Telegram and TON." Sasha believes that the key elements for achieving mass adoption of Web3 are first to eliminate all barriers. Second, it is essential to ensure that the mechanism is viral. "I don't believe you can build a large application by purchasing a lot of traffic. Basically, all truly large applications grow naturally and organically. You need to create an application that people want to play or use, and they will have enough motivation to share, invite others, etc. This involves network effects. So, eliminate barriers and ensure that your internal mechanisms can promote the occurrence of these network effects." In his view, it is also necessary to maintain a genuine experience. "Many applications just try to replicate other applications. That's fine, but I think if you can really create something unique, it will work better. Also, I think generally, people like something fun, like memes. When people experience some emotions, similar to feeling a sense of belonging or some emotion related to a specific meme or specific game or thing, that’s really nice. So, if you can create a game that provides users with some personalized experiences, that's a great way to grow. 'Real communities are built when people have shared emotional experiences,'" he mentioned. At the end of the interview, Sasha expressed very positive expectations for the development of the TON ecosystem. He said, "I expect TON to become the largest blockchain; it's not hard to understand. I originally thought it would happen next year, maybe even this year. You know, TON has now surpassed 100 million wallets, and TON is moving very quickly here. And the growth curve is still exponential." "Let's wait and see; I'm really looking forward to seeing what happens next," Sasha concluded at the end of the interview.
From cointelegraph by Victoria Li Denis Vasin, lead developer and co-founder of Storm Trade, has joined a Cointelegraph AMA session. He discussed the importance of simplicity and a user-friendly experience when onboarding newcomers to decentralized finance (DeFi). Storm Trade , one of the first decentralized exchanges (DEXs) on the TON blockchain to offer perpetual trading, hosts a wide range of features designed to simplify the DeFi experience for everyone. Any user with a crypto wallet can readily dive into the protocol. Emphasizing user-friendliness, Vasin explained, “You can use wallets that are already integrated into Telegram, which every user has. And you can start trading directly with the Storm Trade platform through our Telegram Mini App, with a pretty simple user interface. So it’s really trading at its simplest.“ The ease of use and TON-specific properties, combined with support for popular tokens like Toncoin TON$5.32 and Notcoin (NOT), helped the platform’s total value locked (TVL) to skyrocket. “A key reason for this is our dedicated work with the community,“ the co-founder noted. “Another factor that has worked in combination is attracting more traders and adding more opportunities for providers to earn not only on USDT.“ Storm Trade recently added several features to enhance the trading experience, including a sequencer. “With our sequencer, each order is actually executed in less than a second. This is achieved through what I call L1.5 with onchain verification. Another thing is our guaranteed execution pricing. Regardless of the market conditions, you get executed at the exact price with no slippage ,“ Vasin detailed. Token voucher model The debut of the STORM token marks the start of a new era for the platform. With the airdrop for early adopters behind, the token is now tradable in the form of vouchers. Commenting on the advantages brought by the voucher model, Vasin said, “I think vouchers were first introduced by Notcoin as a form of pre-market, which is actually a great way for initial distribution. Our upcoming listing will take place on ChainGPT and eesee launchpads.“ The token performance is intertwined with product performance. “What we are doing with our token is a buy-back and distribute model for each share. This means that a portion of the protocol would be used to buy back STORM from the open market, creating buying pressure on the token, and then distributing it to the token stakers. This model ensures the fastest feedback cycle between the product of performance and token price and performance,” the co-founder explained. STORM also offers reduced trading fees. The focus on solid utility contrasts with governance tokens , which have performed relatively poorly in this market, according to Vasin. Web3 ‘edutainment’ Storm Trade’s initial system focused on rewarding conventional DeFi mechanics, like liquidity provision. Apart from limiting the opportunities, the narrow scope of rewards could discourage newcomers who may find Web3 a bit complicated. Recognizing the need for a more comprehensive approach, the DEX integrated social tasks into its reward system. “For a lot of people who have just come on board with Web3, it’s just always seemingly difficult for them. So, we put an emphasis on the social mechanics of users earning referral rewards and completing other social tasks. We’ve even developed an educational application that’s embedded in Storm Trade called Storm Academy,” Vasin explained. Storm Academy itself represents a departure from traditional education models. “Typically, education is associated with something relatively boring,“ says Vasin. Instead, Storm Academy presents complex concepts about blockchain, DeFi and trading in a concise, engaging format using interactive stories, memes and a faster feedback cycle. “It’s like ‘edutainment’ packaged just for Web3,“ the speaker noted. Storm Academy covers a comprehensive curriculum, ranging from basic Web3 concepts to advanced trading strategies and risk management. Each course concludes with a test, offering reward points as an additional incentive for sustained education. The future of DeFi Looking ahead, Vasin expressed confidence in DeFi’s future on the TON blockchain. “We’re on to something big. Telegram’s social graph is one of the unique things available exclusively to TON that will help bring the next 10 million people to DeFi,“ he said. Storm Trade is also expanding its offerings. The platform’s roadmap includes new features such as margin trading, an embedded wallet and a new social trading layer. “All of this will be powered by the Storm profile, which is already out. It allows users to share their performance, engage in copy trading, and earn rewards for various activities. We are actually moving to the next phase to become the decentralized trading solution for total intelligence,“ Vasin concluded.
Several cryptocurrencies have continued to show strength since the beginning of the month. As a result, the trending altcoins today are mainly on the list because their prices are higher than yesterday’s. In this analysis, BeInCrypto reveals why these altcoins are trending and what could be next for their values. According to CoinGecko, the three include Notcoin (NOT), Ergo (ERGO), and FIRST CONVICTED RACCOON (FRED). Notcoin (NOT) Notcoin, the token built on the TON blockchain, is trending today because its price has increased. Some days back, NOT’s price decoupled from the broader market as the altcoin’s value tanked while other crypto prices surged. However, in the last 24 hours, Notcoin’s price has increased by 15.30% and currently trades at $0.0082. As expected, the notable rise could be linked to the broader market uptick and a rise in buying pressure. A look at the daily NOT/USD chart shows that the altcoin has broken out a falling wedge. A falling wedge is formed when the price moves between two converging descending trendlines, with the upper trendline descending at a steeper rate than the lower trendline. In Notcoin’s case, the price has broken above the upper trendline of the wedge, suggesting that bulls have gained control. Should buying pressure increase, Notcoin’s price could climb to $0.010. Notcoin Daily Analysis. Source: TradingView If the broader market condition becomes extremely bullish, NOT could rise to $0.012. On the other hand, if selling pressure rises, this might not happen. In that case, NOT might drop to $0.0074. Ergo (ERG) For Ergo, this is the first time it is part of the top altcoins trending today. For those unfamiliar, Ergo is a self-amendable protocol that employs smart contracts in its bid to ensure financial inclusivity. Like Notcoin, ERGO is trending because its price has increased. In the last seven days, the altcoin has jumped by 73.79%. However, the token encountered resistance at $1.32, as shown on the daily chart. While bulls have formed support at $1.22, the volume shows that the current buying pressure level might be enough to sustain an upward trend. If this remains the same, then the altcoin’s price could decrease to $1.00. Ergo Daily Analysis. Source: TradingView But if buying pressure increases, the trend might change. If that happens, ERG’s value could rebound toward $1.43 First Convicted RACCON (FRED) First Convicted RACCON is the last on this list and is trending basically because of its price action and its links to Peanut the Squirrel (PNUT). Like Peanut, the Raccoon was also taken by New York state officials, which led to the creation of the FRED meme coin. Following PNUT’s listing on Binance two days ago, FRED’s price also jumped and has increased by 193% in the last 24 hours. As of this writing, FRED’s price is $0.26 and could climb higher if PNUT’s price continues to increase. First Convicted RACCON 1-Hour Price Chart. Source: TradingView However, the token might face a setback if a lot of its holders sell. In that scenario, FRED could drop below $0.20.
Denis Vasin, lead developer and co-founder of Storm Trade, has joined a Cointelegraph AMA session. He discussed the importance of simplicity and a user-friendly experience when onboarding newcomers to decentralized finance (DeFi). Join us today for a live AMA with @storm_trade_ton ! We'll start at 11 AM ET to discuss the essentials for the DeFi boom on TON, trends in SocialFi mechanics, platform upgrades, the launch of the STORM token, and Storm Academy. Don't miss it! [Brought to you by @storm_trade_ton ] pic.twitter.com/wr7qDpR66w — Cointelegraph (@Cointelegraph) October 9, 2024 Storm Trade , one of the first decentralized exchanges (DEXs) on the TON blockchain to offer perpetual trading, hosts a wide range of features designed to simplify the DeFi experience for everyone. Any user with a crypto wallet can readily dive into the protocol. Emphasizing user-friendliness, Vasin explained, “You can use wallets that are already integrated into Telegram, which every user has. And you can start trading directly with the Storm Trade platform through our Telegram Mini App, with a pretty simple user interface. So it’s really trading at its simplest.“ The ease of use and TON-specific properties, combined with support for popular tokens like Toncoin ( TON ) and Notcoin (NOT), helped the platform’s total value locked (TVL) to skyrocket. “A key reason for this is our dedicated work with the community,“ the co-founder noted. “Another factor that has worked in combination is attracting more traders and adding more opportunities for providers to earn not only on USDT.“ Storm Trade recently added several features to enhance the trading experience, including a sequencer. “With our sequencer, each order is actually executed in less than a second. This is achieved through what I call L1.5 with onchain verification. Another thing is our guaranteed execution pricing. Regardless of the market conditions, you get executed at the exact price with no slippage ,“ Vasin detailed. Token voucher model The debut of the STORM token marks the start of a new era for the platform. With the airdrop for early adopters behind, the token is now tradable in the form of vouchers. Commenting on the advantages brought by the voucher model, Vasin said, “I think vouchers were first introduced by Notcoin as a form of pre-market, which is actually a great way for initial distribution. Our upcoming listing will take place on ChainGPT and eesee launchpads.“ The token performance is intertwined with product performance. “What we are doing with our token is a buy-back and distribute model for each share. This means that a portion of the protocol would be used to buy back STORM from the open market, creating buying pressure on the token, and then distributing it to the token stakers. This model ensures the fastest feedback cycle between the product of performance and token price and performance,” the co-founder explained. STORM also offers reduced trading fees. The focus on solid utility contrasts with governance tokens , which have performed relatively poorly in this market, according to Vasin. Web3 ‘edutainment’ Storm Trade’s initial system focused on rewarding conventional DeFi mechanics, like liquidity provision. Apart from limiting the opportunities, the narrow scope of rewards could discourage newcomers who may find Web3 a bit complicated. Recognizing the need for a more comprehensive approach, the DEX integrated social tasks into its reward system. “For a lot of people who have just come on board with Web3, it’s just always seemingly difficult for them. So, we put an emphasis on the social mechanics of users earning referral rewards and completing other social tasks. We’ve even developed an educational application that’s embedded in Storm Trade called Storm Academy,” Vasin explained. Storm Academy itself represents a departure from traditional education models. “Typically, education is associated with something relatively boring,“ says Vasin. Instead, Storm Academy presents complex concepts about blockchain, DeFi and trading in a concise, engaging format using interactive stories, memes and a faster feedback cycle. “It’s like ‘edutainment’ packaged just for Web3,“ the speaker noted. Storm Academy covers a comprehensive curriculum, ranging from basic Web3 concepts to advanced trading strategies and risk management. Each course concludes with a test, offering reward points as an additional incentive for sustained education. The future of DeFi Looking ahead, Vasin expressed confidence in DeFi’s future on the TON blockchain. “We’re on to something big. Telegram’s social graph is one of the unique things available exclusively to TON that will help bring the next 10 million people to DeFi,“ he said. Storm Trade is also expanding its offerings. The platform’s roadmap includes new features such as margin trading, an embedded wallet and a new social trading layer. “All of this will be powered by the Storm profile, which is already out. It allows users to share their performance, engage in copy trading, and earn rewards for various activities. We are actually moving to the next phase to become the decentralized trading solution for total intelligence,“ Vasin concluded. Learn more about Storm Trade Disclaimer. Cointelegraph does not endorse any content or product on this page. While we aim at providing you with all important information that we could obtain in this sponsored article, readers should do their own research before taking any actions related to the company and carry full responsibility for their decisions, nor can this article be considered as investment advice.
Recent surges in altcoin prices have sparked intensifying interest among crypto enthusiasts, with particular focus on Notcoin, Dogecoin, and Happy Cat as market movers. The increased volatility and trading volumes in the cryptocurrency market indicate a potential shift in investor sentiment as the overall market capitalization exceeds $3 trillion. “The sharp increase in notability for these altcoins demonstrates a fresh wave of trading enthusiasm,” noted a source from COINOTAG. Explore the significant price movements of Notcoin, Dogecoin, and Happy Cat as altcoin trends gain momentum, with insights into their market performance. Notcoin (NOT): Emerging from a Price Decline Notcoin (NOT) has recently regained traction following a considerable price spike, making it a focal point among trending altcoins. After experiencing a prolonged downturn that led many investors to speculate on its viability, NOT surged by 30% in the past week, climbing to approximately $0.076. This recovery can largely be attributed to a notable, bullish technical breakout from a falling wedge pattern, a typical indicator of potential upward price momentum. The defining moment for Notcoin’s resurgence came as a bullish engulfing candle materialized, suggesting strong buying interest. Social media activity surrounding NOT has also peaked, further amplifying investor confidence. Analysts suggest that in the absence of renewed selling pressure, NOT could target resistance levels as high as $0.010, with speculative upside potentially reaching $0.013. Conversely, failure to maintain support could see prices retreat to around $0.0056. Technical Indicators Suggest a Favorable Outlook Technical analysis reveals that Notcoin is currently facing resistance near the $0.0082 mark, while strong support exists at $0.0076. The combination of a breakout and ongoing trading volume suggests that bulls remain in control, which may facilitate further gains. Continued observation of market exchanges and social sentiment will be critical in determining Notcoin’s trajectory in the upcoming trading sessions. Dogecoin (DOGE): A Revival of Interest Dogecoin (DOGE) emerges as another key player in the trending altcoin arena, experiencing a staggering 41% price uptick within a 24-hour span, bringing its value to around $0.40. This resurgence is particularly noteworthy as it marks DOGE’s highest valuation since May 2021, reflecting a renewed interest from investors who had previously adopted a cautious stance. The broader market sentiment has shifted, contributing to an overall 169% increase over the last week. The Bull Bear Power (BBP) indicator illustrates a strong bullish sentiment, suggesting that momentum may carry DOGE toward the $0.45 mark. However, market participants should be aware that a pullback could occur, potentially lowering prices to $0.35 if profit-taking behavior intensifies. Market Forces Behind Dogecoin’s Surge The surge can be attributed to various factors, including high-profile endorsements and renewed marketing efforts which have reignited consumer excitement. Additionally, the lively discussions on social platforms around DOGE have played an instrumental role in its recent valuation spike. As transactions ramp up, monitoring trading volumes and community engagement is essential to forecasting future price actions. Happy Cat (HAPPY): Riding the Meme Coin Wave Happy Cat (HAPPY), a meme-inspired cryptocurrency built on the Solana network, is attracting noteworthy attention with a remarkable 147% increase over the last 24 hours. At one point, it reached approximately $0.027 amid the ongoing trend of cat-themed meme coins captivating investor interest. However, post-rally, there have been signs of selling pressure as early investors monetize their profits. The recent rapid rise in HAPPY’s valuation indicates the speculative nature inherent in meme coins, leading to volatile price swings. Analysts warn that without sufficient buying power, prices may drop back to around $0.018. Conversely, a resurgence in market interest could elevate HAPPY’s value up to $0.043, underscoring the dichotomous potential of meme coin investments. Volatility as a Double-Edged Sword As Happy Cat continues to capture the essence of meme culture within crypto, it offers both opportunities for investors willing to embrace high-risk environments and challenges for those averse to volatility. The current trading dynamics underscore the importance of prudent market behavior and rapid real-time analysis to navigate the fast-changing landscape of cryptocurrency prices. Conclusion The current resurgence of altcoins such as Notcoin, Dogecoin, and Happy Cat is indicative of broader shifts within the cryptocurrency market, where investor sentiment plays a crucial role. Each of these cryptocurrencies showcases unique attributes and potential for future growth. Stakeholders are encouraged to closely monitor market conditions to ensure informed investment decisions, reflecting the ever-evolving crypto landscape.
As the cryptocurrency market capitalization surpassed $3 trillion, many standout altcoins have captured investors’ attention. As a result, some of these are the hot trending altcoins today, according to CoinGecko. Driven by recent developments, price movements, and surges in trading volume, this article examines why these coins are taking center stage and what’s fueling the excitement behind each one. Notcoin (NOT) Today, Notcoin (NOT), the cryptocurrency tied to the Telegram messaging app, is first on the list of the hot trending altcoins. NOT is trending today because of its notable price increase. Over the last few months, the altcoin’s value experienced a massive decline and showed signs of hitting a new all-time low. However, the price has now increased by 30% within the last seven days while trading at $0.076. This significant resurgence has brought NOT back into the spotlight, with the token now having many mentions on several social media platforms. From a technical standpoint, NOT’s price experienced this rally due to a breakout from the falling wedge on the daily chart. The increase also materialized because of the surge in the buying pressure on the spot market. For context, a falling wedge is a bullish chart pattern that appears when the price consolidates between two downward-sloping, converging trendlines. Notcoin Daily Analysis. Source: TradingView As seen below, Notcoin’s breakout occurred after a bullish engulfing candle appeared out of the wedge. While the altcoin seems to be facing resistance at $0.0082, the support at $0.0076 looks likely to prevent another drawdown. If that happens, Notcoin’s price could climb toward $0.010. In a highly bullish situation, it might rise to $0.013. However, if bulls fail to defend the price, it could decrease to $0.0056. Dogecoin (DOGE) Dogecoin’s position among the top trending altcoins may come as no surprise to dedicated market followers. Over the past 24 hours, DOGE’s price surged by 41% to $0.40, pushing its market cap above $60 billion. Further, this recent rally marks Dogecoin’s highest price since May 2021. Earlier in the month, Dogecoin’s price was $0.15. However, with a 169% hike in the last seven days, the Bull Bear Power (BBP) shows that the cryptocurrency could go higher. This is because the BBP, which measures the strength of bulls against bears, shows that the former are in control. If this remains the case, DOGE’s price could rally beyond $0.45. Dogecoin Daily Analysis. Source: TradingView On the flip side, if the altcoin gets overbought and profit-taking rises, it might pull back. In that scenario, DOGE could slide to $0.35. Happy Cat (HAPPY) Last on the list today is Happy Cat (HAPPY), a meme coin built on Solana. Like other altcoins, HAPPY is trending because of its performance, which has seen its price rise by 147% in the last 24 hours. This price increase could be linked to the trending narrative around Cat-themed meme coins. However, the 1-hour chart shows that HAPPY’s price has decreased to $0.027. This decline is largely due to selling pressure from holders who have gained from the altcoin’s performance. Happy Cat 1-Hour Analysis. Source: TradingView Should this continue, then HAPPY’s price could drop to $0.018. On the other hand, if buying pressure rises, this could change, and the altcoin could rally as high as $0.043.
The crypto market has surged to a staggering $3.1 trillion, nearly matching France’s GDP. On November 12, Bitcoin led the charge, jumping nearly 25% in one week. This makes the crypto market the eighth-largest economy worldwide, behind the economic powerhouses of the US, China, and Germany. Bitcoin’s Central Role in the Crypto Surge If cryptocurrencies were a country, their combined value would make them larger than most nations. When compared to the GDP of individual nations, the cryptocurrency market performs remarkably well. According to the International Monetary Fund, it would rank inside the top ten, positioned between France ($3.17 trillion) and Italy ($2.38 trillion). Leading the way in the top three are the United States ($29.17 trillion), China ($18.27 trillion) and Germany ($4.71 trillion), respectively. The best way to understand the significance of a figure like $3.1 trillion is to compare it to the value of other industries, assets, and investments. Take, for example, precious metals such as gold. Bitcoin, the most valuable cryptocurrency, has been dubbed “digital gold.” Top Assets by Market Cap. Source: CompaniesMarketCap.com Currently, physical gold has a market capitalization of $17.5 trillion, which is nearly six times larger than the entire crypto market and 10 times greater than Bitcoin’s market cap of $1.72 trillion. This is only natural, considering gold’s long history and wide range of uses. In the case of silver, the crypto market is almost double the size of the global silver market, which now stands at $1.71 trillion. We are in the digital gold rush. It started in January 2024 and will run til 2034. 100k by New Year’s 300k in 2025. 10 million minimum by 2035. YOU ARE NOT BULLISH ENOUGH,” said one enthusiast on X. The crypto market cap has surpassed Microsoft’s valuation and is closing in on companies like Nvidia and Apple. With Bitcoin nearing $90,000, analysts are split on whether Bitcoin can maintain its dominance or if altcoins will rise to the occasion. Despite the uncertainty, the current market trends point to continued growth, making the competition within the crypto space more intense.
The crypto market is in the recovery phase, and there is much attention on tokens expected to yield high returns. Some projects are quite unusual, but their community support and strong fundamentals appeal to investors. Currently, the most preferred tokens are Rexas Finance (RXS), Chainlink (LINK), NEAR Protocol (NEAR) and Notcoin. Below, we provide reasons why people are so enthusiastic about these tokens. Rexas Finance (RXS): Changing How Everyone Invests Globally Rexas Finance is the new token in the DeFi space that is set to disrupt the market through real-world asset tokenization. Now, assets such as real estate, precious metals, and complex assets can be fragmented and made accessible. With its ecosystem, RXS addresses these assets and even improves the chances of further increasing their value. It is a redefined model of tokenization that shifts the majority of equity into the average, inconsequential user who can now invest in structurally heavy assets, previously reserved for institutional investors and high-net-worth individuals. At present, RXS is trading at $0.07 and is in the fifth stage of its presale with $5.6 million raised, which is remarkable given the project has no external VC funding. The RXS token has reasonable tokenomics with enough allocation for early investors to develop the platform, providing ample room for growth. The platform also boasts of a token builder feature that allows users to create their tokens effortlessly and offer DeFi services to promote further usage within the ecosystem. With $1 million set aside for giveaways, Rexas Finance has demonstrated its commitment to enhancing community focus. This approach not only brings in new prospective investors but also helps improve relationships with existing investors. Rexas Finance is a valid scope of business with a unique asset tokenization model, fast asset deployment, engaged users, and actual functionality, making it highly attractive for long-term investment. Chainlink (LINK): The Decentralized Oracle Networks LINK has forged its position in the blockchain ecosystem. In the framework of a decentralized blockchain oracle network, Chainlink enables smart contracts to obtain and use data from the outside world, such as APIs and off-chain data. This feature is significant as the dapps and DeFi markets are evolving, allowing smart contracts to have reliable and immutable data feeds, without which complex implementations cannot be achieved. Chainlink’s infrastructure benefits numerous DeFi protocols, positioning it as a primary layer in the market. It is expected that DeFi protocols will continue to expand, increasing demand for reliable oracle services such as Chainlink’s. Chainlink has established itself as a dependable company, favored by investors seeking to benefit from the market expansion of decentralized finance. NEAR Protocol (NEAR): The Next Solution for the Open Web NEAR is a layer-1 blockchain architecture specifically designed to meet the needs of decentralized applications with a high throughput appetite. The developers also focused on scalability and cost-effective transactions, beneficial for both developers and users. NEAR’s consensus mechanism, Nightshade, employs sharding for improved scalability without compromising safety, enabling the network to handle large amounts of transactions without degradation in throughput. With NEAR trading at $3.68 per token and holding over a $4 billion market cap, it establishes itself as a leader in scalable blockchain platforms. The development tools available for the protocol and its flexibility make DeFi, NFT projects, and Web 3.0 developments much easier. The market requires scalable blockchain solutions, and NEAR is well-positioned to capture a significant share of the market, which is promising for the future. Notcoin (NOT): A New Entrant with New Features Notcoin is a fairly new player that has turned heads due to its unique offer. Trading at $0.005988, Notcoin aims to revolutionize the digital space for content creators, influencers, and digital marketers by allowing every sensitive and minute work to be monetized in a decentralized manner. This is in anticipation that, as the digital economy grows, there will be radical growth within the creator platforms that offer these solutions in a decentralized manner. Notcoin can still be considered an underdog as some people know it, but the majority do not, enabling all the early investments to be returned and even bigger returns in the future. This is because, soon, the price of Notcoin is expected to skyrocket. Conclusion Having completed our analysis, we conclude that Rexas Finance, Chainlink, NEAR Protocol, and Notcoin are the best candidates for a portfolio looking for investments in the cryptocurrency market. Rexas Finance offers unique asset tokenization by integrating physical assets into the blockchain ecosystem. Chainlink operates within DeFi, providing a decentralized oracle network, while NEAR Protocol offers the necessary scalability for the next generation of Dapps. Each of these projects in the respective blockchain environment addresses specific challenges, making them worth targeting for investors prepared to wait for the next market cycle and expect tenfold returns. For more information about Rexas Finance (RXS) visit the links below: Website: https://rexas.com Win $1 Million Giveaway: https://bit.ly/Rexas1M Whitepaper: https://rexas.com/rexas-whitepaper.pdf Twitter/X: https://x.com/rexasfinance Telegram: https://t.me/rexasfinance Disclaimer: This is a sponsored press release for informational purposes only. It does not reflect the views of Times Tabloid, nor is it intended to be used as legal, tax, investment, or financial advice. Times Tabloid is not responsible for any financial losses.
Bitcoin’s recent rally, driven by investor enthusiasm following Trump’s election win, has pushed it to a new all-time high of over $77,000. However, Ki Young Ju, CEO of CryptoQuant, predicts a more cautious 2024 close at around $58,974—an estimated 24% dip from recent highs. He’s running a prediction challenge for CryptoQuant users, with some optimistic followers forecasting six-figure prices. Last week’s rate cut anticipation and election results spurred Bitcoin’s gains, catching short-sellers off guard, leading to liquidations totaling nearly $750 million across crypto markets. READ MORE: Republicans Could Boost Crypto Market to $10 Trillion by 2026 – Standard Chartered Meanwhile, analyst Ali Martinez suggests a possible Bitcoin correction toward $73,900, presenting an opportunity to buy. He also shared a bullish view on select altcoins, with price targets set for Notcoin and Dogwifhat, and remains positive on Ethereum’s potential for further growth.
A closely followed crypto strategist thinks two altcoins unseen by most traders are gearing up for huge upside bursts. Analyst Ali Martinez tells his 78,600 followers on the social media platform X that he’s bullish on the native asset of the peer-to-peer file storage network Filecoin ( FIL ). According to the analyst, FIL looks poised to rally to its range high after respecting its long-term support. Martinez also thinks that FIL could witness exponential rallies if it manages to overcome a crucial resistance level. “Missed out on the $2.94 entry, but I’m still bullish on Filecoin FIL at this level. The lower boundary has held strong for almost two years, setting us up for a potential rebound to $9.50 – a 145% gain. If we see a breakout above the upper boundary ($9.50), FIL could reach $30, delivering around 700% upside from here.” Source: Ali Martinez/X At time of writing, FIL is worth $4.32, up over 7% in the past day. The trader is also keeping an eye on NOT , the community token for the popular Telegram-based tap-to-earn mining game Notcoin. Martinez says he’s bullish on NOT after the altcoin shattered the diagonal resistance of a falling wedge structure – a bullish reversal pattern. “Notcoin NOT broke out of the falling wedge, and its price is projected to increase 76% to $0.012!” Source: Ali Martinez/X At time of writing, NOT is worth $0.0076. Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Follow us on X , Facebook and Telegram Surf The Daily Hodl Mix Generated Image: DALLE3
Notcoin (NOT) has made a significant turnaround, registering a 25% rally that has ignited renewed optimism following an extended period of declines. This resurgence has been accompanied by a strong funding rate, indicating robust support among traders who are positioning themselves for potential further gains. According to COINOTAG, a crucial support level at $0.0094 might enable further growth, while failure to maintain $0.0083 could lead to downturns towards $0.0070, jeopardizing the rally. Notcoin rebounds with a 25% rally, showing strong trader support and technical momentum. Key resistance levels ahead could dictate its market trajectory. Strengthening Momentum in Notcoin After facing a prolonged decline since June, Notcoin is exhibiting signs of recovery that are difficult to overlook. The recent 25% increase in price has not only revitalized traders’ spirits but also reignited interest in this cryptocurrency, which is primarily communicated through the Telegram platform. The positive shift in Notcoin’s valuation is backed by solid trading support, reflecting a community poised for potential advancements in market positioning. Traders Display Confidence Through Funding Rates An analysis of Notcoin’s funding rates reveals a consistent positive outlook among investors, which is critical for its future performance. Throughout October, despite the notable price downturns, traders have demonstrated considerable resilience, maintaining their positions. This persistent positivity underscores a belief within the community that a turnaround is on the horizon, reinforcing Notcoin’s potential for sustained support in the volatile crypto ecosystem. Technical Indicators Suggest Bullish Outlook In tandem with rising prices, Notcoin’s technical indicators such as the Relative Strength Index (RSI) are showing promising signs. The recent momentum has lifted the RSI above the neutral 50.0 level, suggesting an influx of buying interest. Maintaining this level will be crucial for Notcoin to thrive in the coming weeks. A sustained position above the RSI’s neutral line can bolster investor confidence, thus reinforcing purchasing behaviors. Price Action: Key Levels to Watch The surge to a recent intra-day high reflects growing buying pressure within the market. However, key resistance levels remain a focal point for analysts and traders alike. Notcoin’s immediate target is to convert the resistance at $0.0094 into a support level. Successfully achieving this conversion could not only accelerate gains but also attract additional investors, further solidifying Notcoin’s market position. Future Stability and Potential Risks While Notcoin’s recent rally is promising, it is crucial to recognize the hurdles that lie ahead. The cryptocurrency must overcome the critical resistance at $0.0083, or risk experiencing a retracement towards $0.0070. This potential decline would not only undermine current bullish sentiments but could also signify a return to previous downtrends. Thus, traders should remain vigilant, balancing optimism with caution as Notcoin navigates this volatile market terrain. Conclusion In summary, Notcoin’s recent 25% rally indicates a notable resurgence of trader interest, bolstered by supportive funding rates and positive momentum in key technical indicators. For sustained growth, the cryptocurrency must adeptly navigate pivotal resistance levels; however, failure to do so could undermine recent gains. Overall, Notcoin showcases a compelling case for positivity within its community, contingent upon effective market strategies moving forward. In Case You Missed It: Dogecoin (DOGE) Sees 30% Weekly Surge Amid Crypto Recovery and Market Capitalization Reaches $30 Billion
Earning significant ROI in a bull market could mean paying attention to the meme coins and Altcoins with explosive potential. However, identifying the next cryptocurrencies to explode might take some work as most funds are attracted to pumping assets. Today’s article explores the performance of cryptocurrencies that have dominated the gainers list in the last 24 hours. The objective is to identify the next cryptocurrencies to explode and inform investors and traders about each token. Also included in the post is an overview of the market trend of crypto assets, which have the potential to post significant gains in the future. Next Cryptocurrency To Explode Experts suggest investors are more likely to discover the next booming crypto among upcoming projects. With this in mind, they should consider the potential of the new presale coin, Flockerz (FLOCK). FLOCK is a new meme coin that offers a unique vote-to-earn reward system, fosters strong community connections, and provides attractive staking benefits. The Flockerz team has already raised $700,000. Further details about the project and its future outlook are shared below. 1. DOGS (DOGS) DOGS is a meme coin project that leverages the TON blockchain’s secure and low-cost infrastructure. With Toncoin’s setup, users enjoy seamless transactions and efficient decentralized applications, creating a faster and more affordable experience within the DOGS ecosystem. Unlike many meme coins that rely purely on hype, $DOGS has a practical use on Telegram. Its 550 billion tokens are dedicated to active and loyal Telegram users. 81.5% of the total supply is set aside for the community, with 73% focused on the platform’s most engaged members. The project aims to bring decentralized finance to the meme coin world. Its offerings include staking options and community-driven governance, adding extra functionality to the token. DOGS combines a fun approach with meme token popularity to build a strong following while planning for long-term growth, including an expansion into DeFi. Currently, DOGS is trading at $0.0007318, marking a 22.94% gain over the past week. This momentum reflects the token’s expanding utility and upcoming partnerships, boosting investor confidence. Technical indicators reveal that DOGS has broken through its resistance level, suggesting potential for further price growth. Despite facing a bearish trend and some technical challenges over the past two months, excitement around DOGS remains high. Many analysts suggest it could rebound now that the market appears more stable. 2. Beam (BEAM) Beam (BEAM) is showing strong momentum in the current market rally, with a recent surge of nearly 10%. This rise pushed BEAM out of a falling channel that had been in place since March, and it now trades at $0.02088. If BEAM crosses above $0.1050, this breakout could be confirmed, allowing it to aim for its next resistance at $0.1967, offering a promising upside. Interest in BEAM is also growing as more people focus on privacy-centric cryptocurrencies. Conversations about Beam’s development and active community are increasing across social media, which may contribute to its upward trend. In the past month, Beam (BEAM) has had 16 “green days,” closing higher than it opened more than half the time. This steady trend and high liquidity relative to its market cap add to the positive sentiment around BEAM. Its mobile app and efficient model also provide strong privacy features, helping users stay anonymous—a key appeal for its community. Despite past concerns about its price, Beam is showing solid upward momentum. Beam’s price is expected to remain stable, with forecasts suggesting it could hold around $0.19314 by mid-November 2024. By 2025, a potential rise to $0.2278 is projected, which could mean an impressive gain of up to 990% early next year. Additionally, Beam could reach $0.021578 by the end of the month. With its recent steady performance and positive outlook, Beam is one to watch for future growth. 3. Flockerz (FLOCK) The Flockerz ($FLOCK) presale continues to grow, raising over $1.3 million. This new meme coin is making waves with its vote-to-earn (V2E) mechanism, where community members earn rewards by guiding the project’s direction. This unique model sets a fresh standard in the meme coin space, launching when interest in meme coins is rising. As the meme coin market approaches another peak in 2024, Flockerz stands out with its community-driven governance. Projections suggest meme tokens could multiply by millions by 2025, fueled by the popularity of meme coin launchpads. Flockerz’s decentralized approach offers investors something distinct, especially those interested in projects where the community has real control. With its V2E model, Flockerz has earned the nickname “People’s Meme Coin.” Unlike most meme coins, Flockerz is fully community-led, giving its “flock” the power to shape its future. This V2E approach is rewriting the rules in crypto, and Flockerz gives enthusiasts a front-row view of this new trend. Currently, 2.4 billion $FLOCK tokens are available, allowing everyone to join the meme coin movement. To get started, visit the official Flockerz website, connect your wallet, and purchase $FLOCK with ETH, BNB, USDT, or even a bank card. Through its staking protocol, Flockerz offers a high APY of 1,289% for those looking for additional rewards. Flockerz provides a secure investment experience. Coinsult has fully audited the project’s smart contract, and no critical issues have been reported. Investors can join now and buy $FLOCK tokens at the presale price of $0.0059571. However, time is limited—this price will increase to $0.005981 in less than three days. Buy FLOCK Tokens Here 4. Mantle (MNT) The MNT token has surged by 20.62% in the past 24 hours, now at $0.7957. This rise aligns with an overall positive trend in the cryptocurrency market. According to CoinMarketCap, Mantle Network’s market cap is around $2.68 billion, placing it 35th in global rankings. MNT’s trading volume also significantly increased, jumping by 99.52% in the past day to reach $225.34 million, fluctuating between $0.6558 and $0.9140. This price growth is linked to increased daily active users and new addresses involved in MNT transactions. Previously known as BitDAO, Mantle is an investment DAO connected to Bybit. The Mantle token (MNT) serves for governance, network gas fees, and staking. Built on Optimistic Rollup (ORU) technology, Mantle Network scales Ethereum while remaining compatible with the Ethereum Virtual Machine (EVM). Mantle runs on the Ethereum network, offering a secure and scalable foundation for decentralized application (dApp) developers. This setup makes it especially attractive for GameFi projects, leading Mantle to establish an in-house Web3 gaming team. Launched by Immutable, Mantle is focused on transforming blockchain gaming with its upcoming zkEVM technology. This new technology aims to boost gaming performance by speeding up transactions and enhancing scalability, all while staying compatible with Ethereum. By providing a more accessible and affordable platform, Mantle hopes to attract developers and gamers, advancing the possibilities of blockchain gaming. 5. Notcoin (NOT) Notcoin ($NOT) is showing a promising risk-to-reward opportunity. Market analysis reveals a developing falling wedge pattern, signaling a possible bullish breakout with a target of $0.012. Since late May, $NOT has followed a downward trend, forming a descending channel with lower highs and lows, showing steady bearish control. As of early November, $NOT’s price recently bounced from a key support level around $0.0044, where past rebounds have occurred. A recent green candlestick showing a 15.4% gain adds positive momentum, suggesting the price could rise further if it breaks nearby resistance. If $NOT surpasses resistance near $0.0070, analysts foresee a potential 76.25% gain, targeting $0.012. To manage risks, traders might place stop-loss orders close to the $0.0044 support level, protecting against losses while allowing for potential gains. In addition, Busha has announced support for $NOT, allowing users to deposit from external wallets for trading or holding on the Busha platform. This support boosts $NOT’s ecosystem and reinforces its commitment to transparency, security, and decentralization. Read More Next Cryptocurrency to Explode, 2024
Notcoin has surprised everyone with a big comeback, rallying by 27% after being stuck in a long downward trend. This sudden rise has sparked excitement and hope among traders, many of whom see it as a sign of better days ahead for the cryptocurrency. The increased funding rate shows that traders are backing Notcoin strongly, adding to the optimism. In this Notcoin price prediction article, we’ll explore what’s driving this rally, what the funding rate means, and what could be next for Notcoin. How has the Notcoin (NOT) Price Moved Recently? NOT/USD Daily Chart- TradingView Today, NOT is priced at $0.007803, with a trading volume of $1.17 billion over the past 24 hours, a market cap of $799.58 million, and a market dominance of 0.03%. The price has surged by 27% in the last day alone. Notcoin’s all-time high of $0.029045 was reached on June 2, 2024, while its all-time low of $0.004612 occurred on May 24, 2024. Since reaching that high, its lowest point was $0.00553, and it has rebounded to a cycle peak of $0.00802. Currently, market sentiment for Notcoin is bullish, with the Fear & Greed Index standing at 69, indicating a state of “Greed.” Notcoin has a circulating supply of 102.47 billion NOT, approaching its maximum supply cap of 102.72 billion NOT. Why Is the Notcoin (NOT) Price Up? Notcoin Funding Rate. Source: Coinglass The recent spike in Notcoin’s price can be chalked up to a few key factors working in its favor, from strong trader support to positive technical patterns. Over the past month, Notcoin has enjoyed a steady positive funding rate , which shows that traders have held onto their positions, undeterred by October’s downturn. This persistence is a good sign—it suggests that the community is confident about Notcoin’s long-term potential, even when the market has been shaky. Such steady support from investors has helped Notcoin rebound, paving the way for its recent price gains. Adding fuel to this optimism, crypto analyst Ali Martinez has forecasted a potential 76% surge for Notcoin, possibly pushing it to $0.012. His bullish outlook is based on Notcoin’s breakout from a falling wedge pattern—a technical formation that often signals a shift toward an upward trend. Martinez sees this as a strong “risk-to-reward setup,” meaning it could be a good opportunity for short-term gains. With Notcoin already rallying over 17%, traders are encouraged by this setup, and it’s adding excitement within the community. If Notcoin manages to cross the resistance level at $0.012 with substantial volume, it could establish a new support level, potentially setting the stage for more consistent upward momentum. This combination of community confidence and positive technical signals is creating a promising environment for Notcoin’s continued growth. How high can the Notcoin (NOT) Price Go? The potential for Notcoin (NOT) to reach new highs is influenced by a mix of current market trends, technical indicators, and historical price patterns. Currently, Notcoin is trading near its cycle high, which suggests positive momentum. This level is often seen as a sign that the asset is finding renewed interest among traders and that investor sentiment could be shifting towards a more bullish outlook. Additionally, Notcoin’s high liquidity relative to its market cap provides the flexibility needed for sustained trading volume, allowing for more stable price movements and the possibility of quick rebounds if demand picks up. However, it’s worth noting that this liquidity can work both ways; while it supports upward movements, it can also increase vulnerability to larger sell-offs if sentiment shifts. Despite this recent optimism, NOT price faces some hurdles in reaching new heights. The coin has only seen 13 green days in the last month, indicating that sustained upward movement has been limited, with positive price action occurring less than half the time. This, combined with a performance that remains down 73% from its all-time high, suggests that NOT price has a long road to reclaim its previous peak levels. Additionally, the token’s current price performance is lagging behind its initial sale price, meaning it may struggle to attract investors who prioritize assets with a track record of appreciation above their starting value. In terms of potential upside , if Notcoin can maintain its current positive funding rate and community support, it could break through the immediate resistance levels and target a price of $0.012, as suggested by analyst Ali Martinez. Should it achieve this milestone with strong trading volume and build it into a new support level, there could be room for further growth, potentially allowing it to approach levels closer to $0.02. However, the broader market environment, as well as investor patience with its performance relative to its token sale price and previous highs, will play a crucial role in how far it can realistically go. For now, while a cautious rally towards $0.012 seems achievable, a more sustained breakout may require a shift in overall market sentiment and stronger long-term buying pressure.
Notcoin (NOT) has been in a persistent downtrend since June, facing significant price declines. However, recent developments suggest a potential turning point for this Telegram-based cryptocurrency. A notable 25% rally has sparked optimism, providing NOT traders with a much-needed boost. This upward momentum could signal a shift as positive sentiment grows within the Notcoin community. Notcoin Has Considerable Support Over the past month, Notcoin’s funding rate has remained consistently positive, reflecting a generally optimistic outlook among traders. Despite NOT’s declining price in October, traders held firm, maintaining their positions as funding rates indicated a strong conviction. This resilience in the face of price declines suggests that Notcoin enthusiasts are confident about a potential recovery, indicating stable long-term support from the community. Such sustained optimism is a promising sign for NOT’s future. The positive funding rate, coupled with recent price action, suggests that investors believe in Notcoin’s potential for a turnaround. If this sentiment continues, it could provide the stability necessary for NOT to build on its recent gains and overcome resistance levels. Notcoin Funding Rate. Source: Coinglass Notcoin’s macro momentum is beginning to show strength, supported by technical indicators such as the Relative Strength Index (RSI). The RSI is currently gaining bullish momentum, suggesting that buying interest is on the rise. However, to sustain this growth, NOT needs to turn the neutral line at 50.0 on the RSI into a support level. Achieving this support on the RSI would signal sustained bullish strength, encouraging additional investor interest. For NOT to maintain its recent rally, this level of momentum must be sustained. Without a firm foundation, Notcoin may struggle to hold on to its current gains, emphasizing the importance of consistent growth indicators. Notcoin RSI. Source: TradingView NOT Price Prediction: Recovering Losses Notcoin’s price surged by 25% during today’s intra-day high, rebounding from the recent support level of $0.0057. This uptick reflects growing buying pressure, and the altcoin is now looking to continue this momentum with hopes of reaching higher targets. The broader market’s bullish sentiment could aid Notcoin’s progress, provided investors resist the urge to book profits too soon. If successful, NOT’s target is to flip the resistance at $0.0094 into a support level, solidifying its position and potentially enabling further gains. Notcoin Price Analysis. Source: TradingView However, Notcoin has previously struggled to close above the $0.0083 resistance level. Another failed breach at this price point could prompt a pullback toward $0.0070. A drop below this level would invalidate the current bullish outlook, potentially pushing NOT back to its recent support of $0.0057, which would signal a return to the downtrend.
Bitget market data shows that NOT has risen and broken through 0.007 USDT, currently quoted at 0.007459 USDT, with a 24H increase of 17.47%.
The top trending cryptos today include a project that has recently seen a notable exchange listing and another two that have previously appeared on this list. Interestingly, the prices of two out of these have increased in the last 24 hours, while the last seems to be lagging behind. According to CoinGecko, the top trending altcoins today include Drift (DRIFT), Notcoin (NOT), and Grass (GRASS). Drift (DRIFT) DRIFT, the governance token of the Solana-based decentralized exchange Drift Protocol, is trending due to an exchange listing. Today, November 8, South Korean-based exchange Upbit announced that it would list DRIFT at 18:00 KST, disclosing that the token will be paired with Bitcoin (BTC), USDT, and the Korean Won (KRW). Following the recent development, Drift’s trading volume surged by 500%, with its price jumping 88%. Currently trading at $0.95, this strong reaction mirrors the performance of other tokens that have been listed on Upbit in the past. On the daily chart, the Bollinger Bands (BB) has expanded, indicating a rise in volatility around the altcoin. However, the upper band of the BB has also touched DRIFT’s price. When this happens, it means that the cryptocurrency is overbought. It also aligns with the position of the Relative Strength Index (RSI). As of this writing, the RSI reading is 77.05, and usually, when the indicator is above 70.00, it means it is overbought. Therefore, DRIFT’s price risks retracement in the short term. Given this outlook, DRIFT’s price could drop to $0.70. Read more: 10 Best Altcoin Exchanges In 2024 Drift Daily Analysis. Source: TradingView On the flip side, if buying pressure continues to be intense and profit-taking does not come in, the altcoin might climb higher. In that scenario, it could jump above $1. Notcoin (NOT) Unlike DRIFT, Notcoin is not part of the top trending cryptos due to a price increase. Instead, it is one of the few altcoins that has failed to perform well in the last 24 hours. As of this writing, Notcoin’s price is $0.0063, representing a 16.69% decrease in the last 24 hours. Despite the decline, NOT had formed a falling wedge on the daily chart. A falling wedge is a chart pattern formed by drawing two descending trendlines: one connecting the highs and the other connecting the lows. It is considered a bullish reversal pattern, often signaling that after a period of decline, the price may soon break out to the upside. Notcoin Daily Analysis. Source: TradingView Considering this position, Notcoin’s price could climb toward $0.013 in the short term. However, if the price breaks below $0.0060, this might not happen. Instead, NOT might decline to $0.0056. Grass (GRASS) If there is one crypto that has appeared on the trending altcoins list almost every day since last week, it is GRASS. Today, again, the native token of the Decentralized Physical Infrastructure Network (DePIN) project is on the list. As it has done in previous times, Grass is trending due to its price performance. In the last 24 hours, the altcoin’s value has risen by 31.81%, making it one of the best performers out of the top 100. On the 4-hour chart, the Moving Average Convergence Divergence (MACD) is positive. This MACD reading indicates that the momentum around GRASS is positive. If sustained, then GRASS’ price could climb much higher than $3.33. Read more: Which Are the Best Altcoins To Invest in November 2024? Grass 4-Hour Analysis. Source: TradingView But if GRASS holders decide to take profit, this prediction might not come to pass. In that scenario, it could drop below $2.50.
Crypto analyst Ali Martinez has expressed a bullish outlook on Notcoin (CRYPTO:NOT), Ethereum (CRYPTO:ETH), and Dogecoin (CRYPTO:DOGE). Sharing insights with his 77,300 followers on the platform X, Martinez noted that Notcoin could surge 100% from its current price of $0.006. “Notcoin is showing a promising risk-to-reward setup. With a falling wedge pattern forming, it could be primed for a bullish breakout toward $0.012,” he highlighted. A falling wedge pattern typically signals a bullish reversal as it forms with decreasing highs and lows, suggesting waning selling pressure. A breakout above the upper trend line is considered a positive signal. Martinez is similarly optimistic about Ethereum, predicting it could reach $6,000. “The risk-to-reward ratio on Ethereum is too good to pass up for a long position! I’ve set my stop below $1,880 and am aiming for a target of $6,000,” he shared. His chart indicates that ETH is holding support at the bottom trend line of an ascending channel, potentially setting up a move to retest the upper bound near $6,100. The analyst also foresees a potential rally for Dogecoin, driven by Elon Musk's influence and his connection to President-elect Donald Trump. “With Elon Musk now influencing the 47th President, Donald Trump, Dogecoin could be primed for a wild ride!” Martinez mentioned. He cited Fibonacci extension patterns that suggest DOGE could climb to levels between $4 and $23 if historical trends are repeated. At the time of reporting, the Notcoin price was $0.0064, the Ethereum price was $2,902.51, and the Dogecoin price was $0.1926.
Vladimir Putin, the leader at this year’s BRICS Summit , is the most hated man in America. It wasn’t always this way. At one point, Putin was a great ally to the US and even warned George Bush two days before 9/11 that a terrorist attack might happen. Bush didn’t listen. Now Putin is making another warning: a NEW central-backed digital currency or CBDC sponsored by Russia and China to take down the US dollar. In our new video from the 99Bitcoins YouTube team, we explore this new BRICS currency and its implications for the US Dollar. What is BRICS & Why Do They Want to Kill the Dollar With today’s US presidential election , it might seem that Orange Man vs. California Mom is the most important issue. It’s NOT. It’s a footnote compared to the 2024 BRICS meeting last week that happened in all places… Mother Russia. ( IMF ) A quick reminder: BRICS stands for Brazil, Russia, India, China, and South Africa. Together, they represent the most powerful economic bloc in the world. BRICS now also includes potential WW3 participants Egypt and Iran. At last week’s BRICS meeting, two things happened: BRICS announced their NEW CBDC, Unit+. The idea is to create a neutral currency for outside trade between countries inside BRICS because the US dollar has become too politicized, and US inflation is skyrocketing. BRICS countries announced they will use the Yuan instead of the US dollar for global trade. As they argue, the Yuan is backed by Chinese exports, while the Air Force backs the American dollar. Putin and Chinese President Xi Jinping are directly challenging the dollar, and Putin especially is grinning from ear to ear. EXPLORE: Election Day is Here: How the Presidential Race Could Impact Crypto Market Volatility How Will a New BRICS Currency Affect the US Dollar? “Whoever does not miss the Soviet Union has no heart. Whoever wants it back has no brain.” – Vladimir Putin Western analysts have doubted BRICS from day one. ‘Too different, too divided,’ they said. But 15 years later, BRICS is stronger than ever. To get what they’re talking about, imagine Russian music: cold, intense, and full of vodka-induced sadness. It also sometimes sounds like this . But whether you take them seriously or not, BRICs are the most powerful economic bloc by and are projected to represent one-third of the entire planet by 2029 🌍💸De-Dollarization Continues, West Weeps The BRICS alliance has made a monumental shift, settling 65% of trade in local currencies, thereby diminishing the influence of the US dollar and the Euro to below 35%. pic.twitter.com/2cLVDtx2ai — DD Geopolitics (@DD_Geopolitics) October 15, 2024 So, how will this affect the US dollar? The term you need to understand here is DLT—or “ distributed ledger technology ,” which we all know as blockchain. BRICS wants to use blockchain because the technology has become faster, cheaper, and more secure than TradFi. Why trust a banker when you can trust a blockchain? In a BRICS-sponsored research paper, they say, “[We propose] a new multinational platform based on modern technologies, which would include a financial messaging component and allow settlement via tokens backed by national currencies and CBDCs.” In other words, blockchain will be the basis of the number one future currency competition against the dollar. Crazy! CBDCs are pretty much like Bitcoin, except the government centralizes them. This is what Russia and China want. You’ll have to watch the full video below to learn more about this system or which blockchain China and Russia are backing. Watch the Full Video Here EXPLORE: Who Are Cartwright? Firm Announces Bitcoin Is Being Added Into A UK Pension Fund Join The 99Bitcoins News Discord Here For The Latest Market Updates
What is Clayton (CLAY)? Clayton (CLAY) is a mini-app within Telegram that offers fun, easy-to-play games and rewards in the form of CL points. As a mascot, Clayton symbolizes the spirit of play, interaction, and growth within TON, encouraging users to dive into games, rack up rewards, and invite friends to join in. The concept is simple yet powerful: users interact with Clayton, play games, and earn CL points, a form of in-app currency within the ecosystem. These points can later be used for various purposes, especially as the Clayton team expands its features. Who Created Clayton (CLAY)? The creators of Clayton are not publicly known. What VCs Back Clayton (CLAY)? While Clayton does not currently have backing from venture capitalists, it has strategically partnered with several well-known names in the market such as Notcoin, MemeFi, etc. How Clayton (CLAY) Works Clayton offers a simple yet engaging way for users to earn rewards, build teams, and explore games. Here’s how it all works: Playing Games Clayton currently offers two main games, 512 and Stack, with plans for more. ● In 512, players merge tiles with the goal of reaching higher numbers, combining strategy with puzzle-solving. ● Stack, on the other hand, is all about building tall structures, rewarding players based on how high they can build. With Clay Ball and other game concepts under development, Clayton is set to expand its gaming catalog, providing users with even more ways to earn and have fun. Earning CL Points For every game played, users earn CL points. These points represent Clayton’s in-app currency, which users can accumulate by playing games, completing tasks, or simply engaging with the platform. CL points are the foundation of Clayton’s rewards system and will soon be convertible to CLAY tokens, giving them value outside the app. Inviting Friends Clayton encourages community growth through its referral system. By inviting friends to join, users can increase their CL points. This makes Clayton’s experience more social and extends its reach as users bring more people into the TON ecosystem. Farming CL Points Beyond playing games, users have opportunities to farm CL points through daily rewards and tasks. With regular engagement, players can maximize their points and prepare for future use cases, including converting points to CLAY. Tokenomics and CLAY Although full tokenomics details are not yet available, the Clayton team is working on a clear structure to ensure fair distribution of CLAY tokens and proper allocation of value. As part of the roadmap, the tokenomics will provide users with insight into how points translate to the larger blockchain economy, setting Clayton up for potential long-term sustainability. Ambassadorship Program Clayton is preparing to launch an Ambassadorship Program, where users can join the team, promoting Clayton, engaging new users, and potentially receiving additional rewards. Disclaimer: The opinions expressed in this article are for informational purposes only. This article does not constitute an endorsement of any of the products and services discussed or investment, financial, or trading advice. Qualified professionals should be consulted prior to making financial decisions.
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