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Notcoin Price Prediction: NOT crashes 35% in a month as investors turn to this Olympic token with its 472% APY

Notcoin Price Prediction: NOT crashes 35% in a month as investors turn to this Olympic token with its 472% APY

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Notcoin price fell 3% in the last 24 hours and 35% in the last month traded at $0.008156 As of 12:27 a.m. EST, trading volume increased 26% to $151 million.

Last month's decline was heavily influenced by the decline in TON, which was mainly amplified by the arrest of Pavel Durov and the congestion on the blockchain last week.

In addition, according to IntoTheBlockSellers now have the upper hand, up 65% compared to investors who are now making money at the current price.

Can Notcoin price recover when TON blockchain returns to normal?

Notcoin price is about to break out

According to Gecko TerminalThe Notcpoin price defied the bullish outlook set by the triple bottom pattern between August 9 and 25, falling from the $0.012 resistance zone immediately after Durov’s arrest.

Over the past week, the price of Notcoin has been trading in a falling wedge pattern.

NOT is currently trading below both the 50-day and 200-day Simple Moving Average (SMA), confirming the current bearish trend.

The Relative Strength Index (RSI) is now trading in the neutral zone, currently at 45, and is showing signs of a likely recovery.

If bulls buy more at this level, Notcoin price could rally as bulls take advantage of the falling wedge to stage a breakout. In this scenario, NOT could rally as bulls are currently targeting $0.0105 (200-day SMA).

Notcoin Price Chart Analysis Source: GeckoTerminal.com
NOTUSD Chart Analysis Source: GeckoTerminal.com

However, if NOT breaks below the wedge, the price could further decline to the main support at around $0.0077.

Meanwhile, investors are using the Olympic hype to buy the new meme project. The Meme Games (MGMES)which has raised over $407,000 in current pre-sales.

99Bitcoins, a popular crypto YouTube channel, says that $MGMES has the potential to increase 100x after its launch.

Meme Games Pre-Sale Raises Over 407K – Best Meme Coin To Buy Right Now?

The Meme Games are revolutionizing the meme token space with their unique gamified approach, bringing together popular crypto meme coin characters in an Olympic-style competition. The $M-GMES token is the ticket to glory in this exciting crypto event.

The project offers an exciting mix of the competitive spirit of the Olympics and the vibrant, fun ecosystem of meme coins.

Investors back a meme character of their choice to act as athletes competing in the blockchain version of the Olympics. Their victories earn their backers a 25% bonus.

͏Gamification is what sets meme games apart from other meme coins in the crypto space. By integrating elements of competition, luck and reward, it creates an exciting experience. Participants actively play a game where every decision can lead to greater rewards.

As a token holder, you also have the opportunity to earn passively through the project’s staking mechanism. All you have to do is Buy and stake $MGMES for an annual percentage rate (APY) of 472%.

You can buy $MGMES tokens now for $0.0094 per unit. Since the price increase will happen in about a day, buy soon to secure the best deal.

To participate in the presale, Buy $MGMES here from the official website with ETH, BNB, USDT or a bank card. Buy now to get a 25% bonus on your investment.

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