Notcoin (NOT) has exploded onto the scene this 12 months, turning senseless display tapping right into a digital gold rush.
This TON blockchain newcomer began as a viral crypto recreation however has shortly develop into a critical altcoin.
And traders are actually questioning: Can NOT breach its all-time excessive and hit $0.1 earlier than the top of 2024?
Notcoin – The Faucet-to-Earn Crypto Sensation
Notcoin made its mark by a combo of straightforward gaming mechanics and blockchain tech.
What began as a “Tap-to-Earn” recreation on Telegram shortly snowballed right into a viral phenomenon – amassing over 35 million customers at its peak.
The sport’s native token, NOT, briefly flirted with a $3 billion market cap in early June.
This coincided with NOT hitting an all-time excessive price of $0.0289.
Nonetheless, since June’s excessive, NOT’s worth has been far and wide.
NOT took a nosedive all through June and early July, finally settling at a low of $0.0091.
It represented a 68% drop in NOT’s price in only one month.
However traders aren’t counting it out simply but for the reason that token has proven indicators of life previously few days.
Since Friday’s low, NOT has rebounded by a whopping 65%.
Spot buying and selling volumes have additionally rocketed, indicating traders is likely to be gearing up for an additional rally.
Can NOT Hit $0.01 Earlier than the Finish of the Yr?
Can Notcoin leap to $0.1 by the top of the 12 months?
Let’s crunch the numbers: It might take a 557% bounce from at the moment’s price of $0.0152.
Positive, NOT has had a rally like this earlier than, however that was when it was only a small token.
Even its all-time excessive of $0.289 was nonetheless a far cry from the $0.1 mark.
However right here’s the place issues may get attention-grabbing.
Notcoin’s group isn’t idly sitting by – they’ve formidable plans for the longer term.
These plans embrace shifting from Faucet-to-Earn to a brand new “Explore-to-Earn” mannequin.
They’re additionally cooking up staking alternatives, discussing new crypto video games, and even speaking about onboarding the subsequent 300 million folks into Web3.
So, can NOT really hit $0.1 in 2024?
Notcoin’s group is aiming excessive, however the climb to $0.1 is a little bit of a protracted shot – and it’s made more difficult given the present market circumstances.
Nonetheless, if the rebound continues and the group’s new initiatives achieve traction, there is likely to be scope to return to June’s all-time highs earlier than the top of the 12 months.
Which Different Gaming Cryptos Might Rise in 2024?
Whereas Notcoin’s journey has been thrilling, it’s not the one gaming crypto drawing consideration.
Let’s shift our focus to PlayDoge (PLAY) – a venture that mixes memes, nostalgia, and Play-to-Earn mechanics in a novel means.
PlayDoge Unleashes Nostalgia on the Crypto Market & Raises $5.4M in Presale
PlayDoge has the appeal of Doge memes with a nostalgic nod to the Tamagotchis of the ‘90s.
It’s not only a meme coin – it’s a complete crypto-gaming ecosystem.
At the moment in presale, PlayDoge has raised over $5.4 million in funding, with early traders capable of snag PLAY tokens for $0.00516 every.
Nonetheless, this price will rise over time, due to the presale’s tier-based construction.
So, why all of the early hype?
Think about this: You wake up, seize your cellphone, and are greeted by your very personal digital Doge pet.
This pet wants feeding, coaching, and playtime – with each interplay netting you PLAY tokens as a reward.
If you take care of your pet efficiently, you may simply finish up on PlayDoge’s month-to-month leaderboard, which is able to internet you extra PLAY.
However watch out.
If you happen to neglect your Doge pet, it would run away, forcing you to begin over.
It’s a mix of retro vibes and crypto rewards that hasn’t been seen earlier than within the crypto market.
And it’s all underpinned by a built-in staking protocol providing estimated annual yields of 104%.
No surprise over 9,300 folks have opted to hitch PlayDoge’s Telegram channel.
With all this positivity, there’s actual potential for PLAY to match Notcoin’s rise earlier within the 12 months – and doubtlessly even beat it.
Go to PlayDoge Presale