NOT Soars 12% As Experts Say This Dogecoin Derivative P2E Game Might 10X

The Notcoin price surged 12% in the last 24 hours to trade at $0.01817 as of 4 a.m. EST on trading volume that skyrocketed 67% to $1.25 billion.

The NOT price jump comes even though the majority of the crypto industry is suffering a price correction

Notcoin started out as a viral Telegram game that onboarded many users into Web3 through a tap-to-earn mining mechanic, says CoinMarketCap.

Notcoin Price Prediction

The Notcoin price has seen strong performance in the last 24 hours, but even so, the token ran into a resistance at around $0.022. The barrier did not only stop its progression, but it also might reject its price and cause the token to join the rest of the market, in correction.

Indeed, NOT has already corrected somewhat to $0.015 before recovering to its current price of $0.01817. But, its technical indicators suggest that this is only a beginning. NOT’s Bollinger bands have seen a sharp narrowing, which is a bearish signal which suggests an upcoming correction.

Similarly, the token’s Relative Strength Index (RSI) value has also dropped, going from the overbought zone at nearly 90 yesterday to the neutral zone. Right now, the RSI sits at 45, which suggests that traders continue to sell, and that NOT could eventually end up in the oversold zone.

While this suggests that its price will go down, reaching the oversold zone could trigger a new wave of purchases by those who might rush in to buy the dip, causing NOT to bounce back up.

However, it is possible that the token might stabilize at a support of $0.015, which already happened once earlier this week.

A Promising Alternative to Notcoin

With NOT possibly seeing a deep correction soon, investors might want to consider cryptos with large upside potential, like the presale PlayDoge (PLAY).  PLAY is a project inspired by the popular toy from the ‘90s called Tamagotchi.

You would carry this digital pet in your pocket on a small device, and you were responsible for the pet’s wellbeing. You had to feed it, play with it, and even train it to keep it in good health.

The toy conquered the world extremely quickly, becoming one of the most popular items among millennials.

Of course, all of those millennials are now grown-ups who still feel nostalgic about the “good old days,” which is one reason why PlayDoge’s own upcoming game featuring a 2D pet has been attracting investor attention faster than any other project.

So far, the project has raised over $4.2 million in only a little over two weeks, with more capital flowing into the presale all the time.

The P2E model, coupled with the meme coin-inspired Tamagotchi-like game makes PlayDoge a project with massive potential, and even crypto YouTubers like TodayTrader believe that it has 10x potential or more.

Once the game is live, you will have to take care of your digital pet, but you will also be able to complete mini-games that will help you earn new PLAY tokens.

PLAY token sell for $0.00507, and you can buy them with ETH, USDT, BNB, or credit/debit cards.

Buy PLAY tokens on the official website here before a price hike in less than 23 hours.

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