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Notcoin Price Prediction: NOT Soars 7% In A Week As This P2E DOGE Raises Over $6 Million

Notcoin Price Prediction: NOT Soars 7% In A Week As This P2E DOGE Raises Over $6 Million

Insidebitcoin2024/08/13 06:43
By:Insidebitcoin

The Notcoin price rose by a fraction of a percentage in the last 24 hours and 7% in a week to trade at $0.01089 as of 00:35 a.m. EST on trading volume that skyrocketed 24% to $207 million.

Notcoin continues to rule the charts as the third biggest GameFi token by market capitalization, as IMX and FLOKI lead, according to Coingecko .

Notcoin Price Aims For A Continued Upward Trend

The Notcoin price was in a downward trend from July 24 to August 5, dropping from the $0.016 resistance to the $0.0085 support, according to data from GeckoTerminal .

The bulls then used this support to push the token back up through a markup phase to the $0.01248 resistance. NOT has been fluctuating below this resistance but above the $0.01071 support zone as the price moves in a sideways pattern.

The price of Notcoin trades below both the 50-day and 200-day Simple Moving Averages (SMAs) as the bulls struggle to maintain the price above the $0.01125 (50-day SMA).

Moreover, the Relative Strength Index (RSI) shows signs of rebound around the current level at 43.

If the buying intensifies at this level, the price of Notcoin could rebound from within the support zone to soar over the upper boundary of the sideways pattern. The bulls are currently targeting prices above the $0.01476 resistance.

Notcoin Price Prediction: NOT Soars 7% In A Week As This P2E DOGE Raises Over $6 Million image 0 Notcoin Price Prediction: NOT Soars 7% In A Week As This P2E DOGE Raises Over $6 Million image 1 Notcoin Price Chart Analysis Source: GeckoTerminal.com

However, if the bears take control and breach the current support, NOT could plunge back to the $0.090, which acts as a cushion against downward pressure.

Meanwhile, other investors are betting big on another play-to-earn (P2E) token, PlayDoge (PLAY) , as it garners over $6 million in its blockbuster presale.

According to 99Bitcoins, a prominent YouTube channel with over 706K subscribers, PLAY can potentially surge 10X after its launch. 

PlayDoge Meme Coin Raises Over $6 Million – Best Meme Coin To Buy Now?

As a Dogecoin derivative, $PLAY is a meme coin centered on the Shiba Inu dog breed, but similarities end there.

PlayDoge is a mobile-based play-to-earn (P2E) game that transforms the DOGE meme into a Tamagotchi-style virtual pet, which allows users to earn $PLAY tokens.

The project mixes the ‘90s nostalgia with modern blockchain tech, which then allows users to care for an 8-bit pixel Doge into a retro-style mobile game. Players get to feed, play mini-games, and bond with their virtual pet, earning $PLAY tokens in the process.

Apart from earning through P2E, token holders can also earn passively by staking $PLAY for an impressive 77% annual percentage yield (APY).

You can buy $PLAY tokens for $0.00528 each. With a price hike coming in less than 6 hours, don’t wait around too long if you want to lock in the best deal.

To join the presale, buy $PLAY from the official website here using BNB, USDT, or a bank card.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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