Notcoin Surpasses Major Cryptocurrencies in Global Markets

Key Takeaways
  • Notcoin outperformed major cryptocurrencies like Bitcoin and Ether in several global regions.
  • A significant $7M airdrop to reward active users and stakeholders.
  • Positive technical indicators suggest a bullish outlook for Notcoin.
17-07-2024 By: Shubham Sahu
Notcoin Surpasses Ma

Notcoin's Global Impact and Bullish Market Trends

Notcoin, a play-to-earn token within the TON ecosystem, has recently outperformed major cryptocurrencies like Bitcoin, Ether, Solana, and Pepe in various regions, including Africa, Australia, South America, Asia, and Europe. 

The token's impressive growth rates, such as 25.36% in Africa and 31.78% in Asia, highlight its increasing popularity and adoption for financial transactions. This rise could significantly impact the cryptocurrency landscape, positioning Notcoin (NOT) as a potential major player in digital transactions. 

Notcoin

Source: X

The token's rise could significantly impact the crypto space, demonstrating its robustness and potential to compete with major cryptocurrencies. Its global expansion suggests it could become a key player in digital transactions, offering growth and innovation opportunities. 

The token's impressive performance, surpassing Bitcoin and Ether in several regions, marks a milestone in crypto asset development. This advance may redefine market dynamics, presenting new opportunities and challenges. Market observers should closely monitor Notcoin's evolution to understand its future implications and emerging trends.

Notcoin Announces $7M Airdrop to Reward Active Users and Stakers

The tap-to-earn game recently posted on X about a substantial $7 Million airdrop to its community members and named them Notcoiners. $5 million of that amount will be allocated to stakeholders and level holders, while an additional $2 million will be distributed over the next three months for various initiatives.  This big move demonstrates the token’s dedication to rewarding its community and encouraging active involvement in its ecosystem.

NOT on the Technical Chart

Amidst the rising Market, the Notcoin price Forecast indicates a new rally for a bullish rally ahead. NOT price bounced from the lower level of $0.00932610 and broke above the key exponential moving average of 50 EMA level suggesting bullishness. 

At the time of writing, NOT price was trading at $0.01596500 with a 24-hour trading volume of 578.94 Million. Currently, it has a market cap of 1.64 Billion according to trading view data.

The RSI indicator is also positive, as the RSI curve breaks above the middle line trading beyond the 14-day SMA line indicating bullishness.

The MACD indicator also indicates bullishness in NOT price, as the signal line and MACD line form a bullish crossover and head upward direction.

Furthermore, according to the TradingView technical summary, out of 22 indicators, 4 are on the sell side, 8 are neutral, and 10 are on the buy side. The majority is on the buy side, suggesting a positive outlook.

Conclusion

Notcoin's impressive performance and strategic initiatives, such as the $7 million airdrop, highlight its growing influence in the cryptocurrency market. Its rapid adoption and robust growth across various regions position it as a potential major player in digital transactions. The positive technical indicators further suggest a bullish outlook, making NOT a noteworthy contender in the evolving crypto landscape. Market observers should continue to monitor its progress to understand its future impact and emerging trends.

Read More: Metaplanet Stock Price Surge After Latest Bitcoin Buy

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