Notcoin Token Price Analysis: Where Is the Value Heading?

1. Introduction to Notcoin

Figure:https://notcoin.org/

Notcoin is a social mining game Token based on the TON public chain. The gameplay is simple and fun, allowing users to earn NOT Tokens by clicking on coins within Telegram. Its characteristics, such as being open-source, having 0% transaction tax, and fair token distribution, contribute to a high degree of decentralization for the project, which is supported by TON Labs and the TON Foundation.

2. Current Notcoin Token price and market data

Figure:https://www.gate.com/trade/NOT_USDT

As of the writing of this article, the price of Notcoin Token is $0.002427 USD, with a market cap of approximately $248,669,965 USD and a circulating supply of 102,456,957,534 NOT. In the past 24 hours, Notcoin has increased by 2.41%, and it has risen by a total of 5.20% over the past 7 days.

3. Price Movement Reason Analysis

• User scale and activity support: Over 30 million users participate, with approximately 5 million daily active users, providing substantial liquidity for NOT trading.
• Social mining model: Gamified gameplay lowers customer acquisition costs, making it easy for users to get started and continuously expanding due to its popularity.
• Media and Community Communication: Continuous discussions about Notcoin in major Telegram groups and social media are driving an increase in secondary market demand.

4. Historical All-Time High and Retracement

Notcoin’s historical highest price was $0.0284 USD, reached on June 1, 2024. Subsequently, due to the overall market correction and cooling speculative sentiment, the price has fallen back to its current level, with significant volatility.

5. Investment Risks and Opportunities

• Risk:

- High speculative attributes: As a Meme Token, the price is easily influenced by short-term speculation.
- Macroeconomic impact: Traditional crypto market volatility may lead to NOT declining out of sync.

• Opportunity:

- Technology and ecological development: The TON public chain upgrade or new DApp integration will enhance usability.
- Innovative gameplay: New features or large-scale airdrops may lead to a secondary rise.

6. Summary and Suggestions

For beginners, attention can be paid to key support levels (around $0.0018–0.0020 USD), gradually accumulating positions on dips, and setting reasonable stop-losses. If you are optimistic about the TON ecosystem and social mining model in the long term, you can allocate moderately, but do not go heavy on positions, and pay attention to risk control.