Key Takeaways
Notcoin (NOT), a gaming token with a user base of more than 35 million, has begun trading with a fully diluted valuation (FDV) of $1 billion.
From January to April, early game adopters, accessible via the Telegram app, accumulated Notcoins by participating in various challenges. These game balances have been converted at a ratio of 1000:1.
Although the token broke past $0.02 shortly after its May release, it has since struggled somewhat at, on Nov. 8, 2024, NOT was worth about $0.00632.
Let’s examine our price predictions for Notcoin, made on Nov. 8, 2024. We will also investigate the NOT price history and discuss what NOT is and does.
Here are the NOT price predictions from CCN on Nov. 8, 2024. Price forecasts should be taken cautiously, especially for something as volatile as crypto.
Minimum NOT Price Prediction | Average NOT Price Prediction | Maximum NOT Price Prediction | |
---|---|---|---|
2024 | $0.005 | $0.01 | $0.026 |
2025 | $0.012 | $0.02 | $0.045 |
2030 | $0.035 | $0.06 | $0.12 |
In 2024, NOT’s price movements are expected to be influenced by its current technical structures and potential breakout scenarios. If the token maintains a higher low and breaks out from its corrective patterns, a $0.01 or beyond recovery could occur, while bearish reversals could push it down to $0.005.
Further development and market adoption could contribute to sustained growth by 2025, pushing the average price toward $0.02 as bullish trends solidify. If bullish momentum strengthens and broader market conditions are favorable, a peak near $0.045 is possible; however, potential market corrections could keep the minimum around $0.012.
Looking ahead to 2030, the long-term growth potential, driven by broader market maturity and NOT’s adoption, could result in a significant price surge to an average of $0.06. In an optimistic scenario with major adoption and technological advances, the price could reach as high as $0.12, though market downturns or competitive factors could hold it as low as $0.035.
After hitting an all-time high on June 2, NOT entered a bear cycle, dropping to $0.0095 by July 6. Another decline followed a brief recovery to $0.017. A downtrend beginning July 20 led to a descending triangle and a low of $0.0070 on September 6.
After its September low, NOT moved sideways until a breakout on September 27 pushed it to $0.01. However, the bullish trend faltered, and a third descending triangle formed, leading to a new low of $0.0055 on November 4. The price has since rebounded over 20% and is testing resistance.
The hourly chart shows a prolonged correction from September 18, with wave structures forming a possible five-wave impulse since November 4. This could lead to a bullish breakout. Alternatively, an extended ABCDE correction could precede a lower low before an uptrend. Maintaining a higher low than November 4 would signal an upward breakout, but a deeper downtrend could push the price to $0.005 before a new bull phase begins.
The Notcoin price prediction for the next 24 hours depends on whether it can trade at that higher low.
The Average True Range (ATR) measures market volatility by averaging the largest of three values: the current high minus the current low, the absolute value of the current high minus the previous close, and the absolute value of the current low minus the previous close over a period, typically 14 days.
A rising ATR indicates increasing volatility, while a falling ATR indicates decreasing volatility. Since ATR values can be higher for higher-priced assets, normalize ATR by dividing it by the asset price to compare volatility across different price levels.
On Nov. 8, 2024, Notcoin’s ATR was 0.000215, a sign of low volatility.
The Relative Strength Index (RSI) is a momentum indicator traders use to determine whether an asset is overbought or oversold. Movements above and below the 50 line also indicate if the trend is bullish or bearish.
On Nov. 8, 2024, Notcoin’s RSI was at 48, indicating a bearish-to-neutral trend.
The CCN Index uses a range of indicators to measure a cryptocurrency’s price momentum.
On Nov. 8 2024, Notcoin scored 41.6 on the CCN Index, suggesting weak-to-average price momentum.
Current Price | One Month Ago | Price Change | |
---|---|---|---|
Notcoin | $0.00632 | $0.01342 | -52.9% |
Toncoin | $4.85 | $5.25 | -7.6% |
Catizen | $0.324 | $0.492 | -34.1% |
Hamster Kombat | $0.00261 | $0.00475 | -45% |
We looked at Notcoin’s price history and found the times when the price was at its lowest across certain days, months, quarters, and even weeks in the year, suggesting the best times to buy NOT.
Day of the Week | Saturday |
Week | 51 |
Month | February |
Quarter | First |
Following that, let’s now take a look at some of the key dates in the Notcoin pri ce history . While past performance should never be taken as an indicator of future results, knowing what the coin has done can help give us some very useful context when it comes to either making or interpreting a Notcoin price prediction.
Period | Notcoin Price |
---|---|
Last week (Nov. 1, 2024) | $0.006697 |
Last month (Oct. 8, 2024) | $0.01342 |
Three months ago (Aug. 8, 2024) | $0.01246 |
Launch price (May 17, 2024) | $0.007576 |
All-time high (June 2, 2024) | $0.02896 |
All-time low (May 24, 2024) | $0.004605 |
The market capitalization, or market cap, is the sum of the total number of NOT in circulation multiplied by its price.
On Nov. 8, 2024, Notcoin’s market cap was $649 million, making it the 108th-largest crypto by that metric.
Supply and distribution | Figures |
---|---|
Total supply | 102,456,957,533 |
Circulating Supply as of Nov. 8, 2024 | 102,456,957,533 (100% of the total supply) |
Notcoin’s technical documentation, or whitepaper, consists of nine pages, eight of which are blank. The one page with text on it merely says, “Notcoin Whitepaper, November 2023 “.
The Notcoin project began as an experiment in user engagement, allowing participants to mine tokens by interacting with a virtual coin within the Telegram app. This gamified approach quickly gained popularity, attracting millions of users and cultivating a vibrant community.
Seeing the potential to blend entertainment with financial technology, the Notcoin team set out to create a seamless introduction to cryptocurrencies for users unfamiliar with blockchain technology. By focusing on ease of use and accessibility, Notcoin has positioned itself as a gateway to the world of digital assets.
Users can earn Bitcoin (NOT) tokens by checking out different websites and apps related to Web3. Companies can put Notcoin tokens into a prize pool, and users can earn them by participating in campaigns.
These campaigns can be found on Telegram’s Notcoin mini-app. The more users explore and engage with these Web3 projects, the higher their tier level goes (Bronze, Silver, Gold, Platinum).
It is hard to say. The coin has been around for nearly six months now, and despite rapid growth after its launch, its price has fallen considerably since peaking.
One thing that might put potential investors off is a lack of a proper whitepaper. Without a document properly explaining Notcoin and its functions, people may decide to put their money elsewhere.
As always with crypto, you should do your own research before deciding whether or not to invest in Notcoin.
No one can really tell right now. While the Notcoin crypto price predictions are largely positive, price predictions have a well-earned reputation for being wrong. Keep in mind that prices can and do go down and up.
Before you decide whether or not to invest in Notcoin, you will have to do your own research, not only on NOT, but on other coins and tokens such as Ethereum (ETH) and Solana (SOL). Either way, you will also need to ensure you never invest more money than you can afford to lose.
Technical analysis by Nikola Lazic.
Our price predictions suggest NOT will not break past the dollar until at least the 2030s, if ever.
Notcoin operates on the TON blockchain and uses a tap-to-earn mechanic. Players click on an animated coin and can earn Notcoins.
Notcoin’s gameplay includes several key features such as click mining, where players earn Notcoin cryptocurrency by repeatedly clicking on the animated coin in the Telegram chat, energy and boosters, to prevent abuse by employing an energy system that limits the number of clicks per session, and future tokenization.