Notcoin Price Prediction 2024: NOT Price Analysis
What's next for Notcoin?
Key Takeaways
- Notcoin is a gaming token accessible via the Telegram app.
- It entered the top 100 cryptocurrencies by market cap soon after its launch.
- Our price predictions predict a gradual upward movement for the rest of the year.
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 adopters of the game, accessible via the Telegram app, accumulated Notcoins by participating in various challenges. These game balances have been converted at a ratio of 1000:1.
On Aug. 27, 2024, NOT exchanged hands for $0.0086.
Let’s examine our price predictions for Notcoin, made on Aug. 27, 2024. We will also investigate the NOT price history and discuss what NOT is and does
Notcoin Price Prediction
Here are the NOT price predictions from CCN on Aug. 27, 2024. Price forecasts should be taken cautiously, especially for something as volatile as crypto.
Since Notcoin only has three months of price history, we will use the daily rate of increase since launch to come up with our Notcoin price predictions for 2024, 2025, and 2030.
We will add and remove 20% to these targets to come up with our minimum and maximum NOT price predictions.
| Minimum NOT Price Prediction | Average NOT Price Prediction | Maximum NOT Price Prediction | |
|---|---|---|---|
| 2024 | $0.009 | $0.011 | $0.013 |
| 2025 | $0.0116 | $0.0145 | $0.0174 |
| 2030 | $0.0276 | $0.0345 | $0.0414 |
The NOT price has increased by 13% in the 102 days since its launch on May 17. This movement equates to a daily rate of increase of 0.127%.
Projecting this increase until the end of 2024 gives a NOT price prediction of $0.011, and projecting it until the end of 2025 a high of $0.0145.
Finally, the daily rate of increase gives a target of $0.0345 for the end of 2030.
Notcoin Price Prediction for 2024
Using the daily rate of increase gives a NOT price prediction range between $0.0090 and $0.0130 for the end of 2024.
Notcoin Price Prediction for 2025
Using the daily rate of increase gives a NOT price prediction range between $0.0116 and $0.0174 for the end of 2025.
Notcoin Price Prediction for 2030
Using the daily rate of increase gives a NOT price prediction range between $0.0276090 and $0.0414 for the end of 2030.
Notcoin Price Analysis
The daily NOT chart shows a decline inside a descending wedge since the beginning of June. The descending wedge is considered a bullish pattern, making a breakout more likely.
Also, there is a bullish divergence in the daily RSI during the two most recent touches. This makes a breakout more likely.
So, the most likely future outlook suggests more consolidation inside the wedge before an eventual breakout. If this happens, the next closest resistance will be at $0.0118.
Short-Term Notcoin Price Prediction
The NOT price prediction for the next 24 hours projects more consolidation inside the wedge before an eventual breakout. If this happens, NOT will gradually increase toward the resistance trend line before returning to support at the beginning of September.
NOT Average True Range (ATR): NOT Volatility
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 Aug. 27, Notcoin’s daily ATR was 0.0011, a sign of low volatility. The indicator has fallen since June.
Notcoin Relative Strength Index (RSI): Is NOT Oversold or Undersold?
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 Aug. 27, 2024, Notcoin’s RSI was at 34, indicating a bearish trend.
However, it is worth noting the daily has increased since the beginning of the month when it briefly fell into negative territory.
Notcoin Price Performance Comparisons
Best Days and Months to Buy Notcoin
We took a look at Notcoin 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 |
NOT Price History
Following that, let’s now take a look at some of the key dates in the Notcoin price 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.
2024: The NOT price fell shortly after its launch but then regained its footing, reaching a new all-time high of $0.0233 on June 4. Nevertheless, the price has fallen since and traded at $0.0086 as of Aug. 27.
| Period | Notcoin Price |
|---|---|
| Last Week (Aug. 20, 2024) | $0.01089 |
| Last Month (July 27, 2024) | $0.01342 |
| Launch price (May 16, 2024) | $0.009471 |
| All-time high (June 2, 2024) | $0.02709 |
| All-time low (May 24, 2024) | $0.004612 |
Notcoin Market Cap
The market capitalization, or market cap, is the sum of the total number of NOT in circulation multiplied by its price. On Aug. 27, 2024, Notcoin’s market cap was $886 million, making it the 86th largest crypto by that metric.
Notcoin Supply and Distribution
| Supply and distribution | Figures |
|---|---|
| Total supply | 102,474,025,349 |
| Circulating Supply as of Aug. 27, 2024 | 102,474,025,349 (100% of the total supply) |
From the Notcoin Whitepaper
There’s no available whitepaper for Notcoin.
What Is Notcoin?
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.
How Notcoin Works
Users can earn Notcoin (NOT) tokens by checking outn 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 the Notcoin mini-app for Telegram. The more users explore and engage with these Web3 projects, the higher they tier level goes (Bronze, Silver, Gold, Platinum).
Is Notcoin a Good Investment?
It is hard to say. The coin has been around for about two weeks now, and despite rapid growth after its launch, its price has decreased over recent weeks. It’s now close to its all-time high again but most of its future depends on app development, Telegram news, and traders attention to it.
One thing that might put potential investors off is a lack of an official whitepaper. Without a document properly explaining what Notcoin is or what it does, people may decide to put their money elsewhere.
As ever with crypto, you will need to make sure you do your own research before deciding whether or not to invest in Notcoin.
Will Notcoin go up or down?
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, too, that prices can, and do, go down as well as up.
Should I invest in Notcoin?
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, related, coins and tokens such as Ethereum (ETH) and Solana (SOL). Either way, you will also need to make sure that you never invest more money than you can afford to lose.
FAQs
Will NOT reach $10?
Our price predictions suggest NOT will not reach $10 in the near future.
What is Notcoin used for?
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.
