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Gulf Press > Uncategorized > Why Analysts Are Investing in this $0.02 Coin Instead
Uncategorized

Why Analysts Are Investing in this $0.02 Coin Instead

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Last updated: 2024/09/12 at 3:07 AM
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In recent crypto news, the native token $NOT of the Telegram-based game Notcoin has experienced a 33% decrease in value over the last month, now trading at $0.007763. This marks a significant reversal for the token, which previously saw a 50% price increase over seven days following the launch of the game Lost Dogs: The Way. Notcoin is a collaborative effort between Notcoin, The Open Network (TON) developers, Lost Dogs Co gaming team, and NFT trading platform Getgems. However, $NOT is struggling to keep up with market leaders, with Bitcoin only dropping 4.4% and Ethereum 13% in the last 30 days, in comparison to Notcoin’s 33% decline.

Notcoin is an exciting Telegram-based game that allows users to earn the $NOT token by simply interacting with the bot. Players can invite friends, receive tap allowances that refill over time, and increase earnings through quests and community actions. The game runs on The Open Network and maintains a close affiliation with Telegram. Despite its initial success, Notcoin’s $NOT token is currently trading at its support level, indicating a sell-off period. The relative strength index (RSI) of 29 suggests the asset is oversold, potentially leading to a brief period of buying momentum before the weekend.

The popularity of tap-to-earn games like Notcoin has sparked a trend on Telegram, with notable imitators such as Hamster Kombat attracting millions of users. Additionally, Telegram is seeing a surge in diverse crypto applications, including online gambling platforms like Mega Dice and TG.Casino. Among these, Memebet Casino stands out as the world’s first meme coin casino, currently in presale with $MEMEBET tokens priced at $0.025. Early token holders will enjoy exclusive benefits and rewards, including access to new features and games within the platform. Memebet Casino has been fully audited by Coinsult, ensuring transparency and security for investors.

As the crypto landscape on Telegram continues to evolve, investors are presented with unique opportunities like Memebet Casino to diversify their holdings and engage with innovative projects. While Notcoin’s $NOT token struggles to rally amidst market fluctuations, new platforms like Memebet are stepping up to offer exciting investment prospects. With the crypto industry projected to grow significantly in the coming years, exploring emerging projects on platforms like Telegram can provide users with valuable insights and potential financial gains. Stay updated on the latest developments in the crypto world to make informed investment decisions and navigate the dynamic digital asset market effectively.

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News Room September 12, 2024
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