Notcoin plummets 15%: Good time to buy the dip?
The post Notcoin plummets 15%: Good time to buy the dip? appeared on BitcoinEthereumNews.com.
The clicker game Notcoin experienced a sharp decline of 15% today, reflecting a wider market downturn. Adding to the turmoil, its promised new direction has left the community uncertain about the project’s future. Recently, a vague message in the Telegram chat hinted at a “new beginning” for Notcoin, suggesting a potential collaboration with The Open Network (TON) NFT project, Lost Dogs. On Wednesday, a cryptic social media post introduced a new storyline for the popular Telegram game, featuring a dog emerging from a Notcoin. Instead of generating excitement, this narrative has left many followers puzzled about the project’s trajectory. NOT down In the Lost Dogs Telegram chat, reactions ranged from confusion to disappointment. “What will happen to Notcoin?” one user asked. “Not interesting, bro,” another commented. “Notcoin is dead,” lamented a frustrated investor. Over the past week, Notcoin has plummeted 31%, now trading at $0.016 NOT/USDT on Gate.io. This drop mirrors a broader crypto market slump, with Bitcoin down 10%, Ethereum falling 15%, and the GameFi sector, as tracked by CoinGecko, declining by 23%. Amid this new phase, Notcoin unveiled its “Explore” platform, designed to help users discover new projects through its Telegram app. For players, Explore offers rewards of up to $0.20 for engaging with new Telegram games. For developers, the platform provides exposure to over 40 million users, though participation requires a minimum investment of $20,000 in Notcoin tokens to support the rewards pool. Additionally, Notcoin announced a Telegram Gaming Accelerator in collaboration with gaming solutions provider Helika. This initiative aims to support game developers in creating the next generation of Telegram-based mini apps. Applications for the first cohort will open next week, according to the announcement. Despite these updates, Notcoin continues to struggle, ranking as the fourth largest loser this week among the top 100 cryptocurrencies, trailing…
Filed under: News - @ August 14, 2024 5:20 am