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The Notcoin worth has plummeted 55% up to now 24 hours to commerce for $0.006424 as of 05:54 a.m. EST.
Regardless of the plunge within the NOT worth, the token achieved $294 million in quantity within the first hour of buying and selling and $1.3 billion up to now 24 hours.
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It was probably the most anticipated and some of the profitable listings of the 12 months!
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— Hamster Kombat (@hamster_kombat) May 17, 2024
NOT is a viral gaming token inside Telegram that boasts over 35 million customers. Following the itemizing, the token’s market capitalization skyrocketed previous the $1 billion threshold, however retraced rapidly after the token was issued on The Open Community (TON) blockchain.
It comes as token holders cashed in on early features made after the token secured itemizing on a number of top-tier exchanges, together with Binance. Given the NOT token was distributed by an airdrop primarily to gamers who had earned NOT in-game, the selloff is ascribed to them rapidly disposing of their holdings.
Such a plunge after launch is typical of cryptocurrency tokens distributed on this means.
Notcoin Worth Prediction
The Notcoin worth is buying and selling with a bearish bias on the five-minute timeframe amid the continuing sell-off. The Relative Energy Index (RSI) is subdued, displaying that the bulls are sitting on their palms.
The Transferring Common Convergence Divergence (MACD) additionally stays in unfavorable territory; displaying bearish sentiment is dominating the market.
With this, the Notcoin worth is more likely to drop to the $0.005676 backside earlier than a attainable restoration.
GeckoTerminal: NOT/USD 15-min chart
On the flip facet, a better look reveals that the altcoin is consolidating inside a falling wedge sample. This can be a bullish reversal technical formation that would ship the Notcoin worth on a tear upon breakout.
Merchants seeking to take lengthy positions on NOT ought to most likely anticipate the Notcoin worth to shatter the higher boundary of the sample. The breakout could possibly be confirmed by a flip of the $0.007000 psychological degree right into a help flooring.
The revenue goal of a falling wedge is measured by including the utmost distance between the higher and decrease pattern traces to the breakout level. This can be a attainable 50% rally to the $0.010427 threshold.
In the meantime, the presale undertaking Mega Cube (DICE) goes ballistic after elevating greater than $1 million in double-quick time.
In style YouTuber Michael Wrubel, with 312k subscribers, says the token ticks all of the packing containers for qualities he seems to be for in a very good presale.
Promising Various To Notcoin
DICE is the ticker for the Mega Cube undertaking, a longtime on line casino enterprise with a person base that exceeds 50,000. It boasts 10,000 lively gamers, and month-to-month wagers totaling greater than $50 million.
The undertaking is the primary GambleFi undertaking on the Solana blockchain, and it’s dedicated to difficult the on line casino sector titan, Rollbit Coin. It additionally seems to be to emulate earlier presales like TG.On line casino, which exploded 4x on launch.
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— Mega Cube On line casino (@megadice) May 14, 2024
Mega Cube additionally presents traders and gamers a wide range of rewards. These embody day by day rewards to holders which can be based mostly on the on line casino’s efficiency, and an airdrop with a considerable $2.25 million giveaway over three seasons.
You can even earn passive earnings by the platform’s staking possibility, with 10% of $DICE’s whole 420 million tokens allotted as staking rewards.
Restricted version NFTs that grant gamers particular privileges and extra rewards may even be despatched to randomly chosen customers on the platform.
Anybody who buys into DICE throughout its present ICO part will stand the possibility to obtain early fowl bonuses as nicely.
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Additionally Learn:
Mega Cube – Latest GambleFi Token
- Established Crypto Betting Model
- Featured In Cointelegraph – First Licensed Telegram On line casino
- Presale Stay Now – megadicetoken.com
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