Notcoin (NOT) has exploded onto the scene this year, turning mindless screen tapping into a digital gold rush.
This TON blockchain newcomer started as a viral crypto game but has quickly become a serious altcoin.
And investors are now wondering: Can NOT breach its all-time high and hit $0.1 before the end of 2024?
Notcoin – The Tap-to-Earn Crypto Sensation
Notcoin made its mark through a combo of simple gaming mechanics and blockchain tech.
What started as a “Tap-to-Earn” game on Telegram quickly snowballed into a viral phenomenon – amassing over 35 million users at its peak.
The game’s native token, NOT, briefly flirted with a $3 billion market cap in early June.
This coincided with NOT hitting an all-time high price of $0.0289.
However, since June’s high, NOT’s value has been all over the place.
NOT took a nosedive throughout June and early July, eventually settling at a low of $0.0091.
It represented a 68% drop in NOT’s price in just one month.
But investors aren’t counting it out just yet since the token has shown signs of life in the past few days.
Since Friday’s low, NOT has rebounded by a whopping 65%.
Spot trading volumes have also rocketed, indicating investors might be gearing up for another rally.
Can NOT Hit $0.01 Before the End of the Year?
Can Notcoin leap to $0.1 by the end of the year?
Let’s crunch the numbers: It would take a 557% jump from today’s price of $0.0152.
Sure, NOT has had a rally like this before, but that was when it was just a small token.
Even its all-time high of $0.289 was still a far cry from the $0.1 mark.
But here’s where things might get interesting.
Notcoin’s team isn’t idly sitting by – they have ambitious plans for the future.
These plans include shifting from Tap-to-Earn to a new “Explore-to-Earn” model.
They’re also cooking up staking opportunities, discussing new crypto games, and even talking about onboarding the next 300 million people into Web3.
So, can NOT actually hit $0.1 in 2024?
Notcoin’s team is aiming high, but the climb to $0.1 is a bit of a long shot – and it’s made more challenging given the current market conditions.
However, if the rebound continues and the team’s new initiatives gain traction, there might be scope to return to June’s all-time highs before the end of the year.
Which Other Gaming Cryptos Could Rise in 2024?
While Notcoin’s journey has been exciting, it’s not the only gaming crypto drawing attention.
Let’s shift our focus to PlayDoge (PLAY) – a project that combines memes, nostalgia, and Play-to-Earn mechanics in a unique way.
PlayDoge Unleashes Nostalgia on the Crypto Market & Raises $5.4M in Presale
PlayDoge has the charm of Doge memes with a nostalgic nod to the Tamagotchis of the ‘90s.
It’s not just a meme coin – it’s a comprehensive crypto-gaming ecosystem.
Currently in presale, PlayDoge has raised over $5.4 million in funding, with early investors able to snag PLAY tokens for $0.00516 each.
However, this price will rise over time, thanks to the presale’s tier-based structure.
So, why all the early hype?
Imagine this: You wake up, grab your phone, and are greeted by your very own digital Doge pet.
This pet needs feeding, training, and playtime – with every interaction netting you PLAY tokens as a reward.
If you care for your pet successfully, you might just end up on PlayDoge’s monthly leaderboard, which will net you more PLAY.
But be careful.
If you neglect your Doge pet, it might run away, forcing you to start over.
It’s a blend of retro vibes and crypto rewards that hasn’t been seen before in the crypto market.
And it’s all underpinned by a built-in staking protocol offering estimated annual yields of 104%.
No wonder over 9,300 people have opted to join PlayDoge’s Telegram channel.
With all this positivity, there’s real potential for PLAY to match Notcoin’s rise earlier in the year – and potentially even beat it.
