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Notcoin Price Tops Weekly Gainers With 56% Pump As This New SHIB Derivative P2E Meme Coin Rockets Towards $1 Million

Insidebitcoin2024/07/12 10:43
By:Insidebitcoin

The Notcoin price surged 56% in the past week, despite a 3% tumble in the last 24 hours, to trade at $0.01543 as of 04:02 a.m. EST on trading volume that rose 8% to $404 million.

This comes as the new Notcoin Telegram Gaming Accelerator kicks in, with a massive $50 million funding that backs the partnership with Helika Accelerate.

Helika and Notcoin will help game studios, mobile apps, and indie developers to develop great gaming experiences on the Telegram platform and TON blockchain.

Notcoin Price Set For A Trend Continuation Over The Symmetrical Triangle

Notcoin Price Chart Analysis Source: GeckoTerminal.com

The Notcoin price has been on an upward trend in the last week, soaring through a markup phase, before encountering some resistance around $0.017, data from GeckoTerminal shows. The price of Notcoin has since been moving within the symmetrical triangle pattern, as the bulls aim for a breakout above to continue with the recent price uptrend.

NOT trades above the 200-day Simple Moving Average (SMA), confirming the sustained bullish rally in the coming days. A bullish rally at this level could surpass the 50-day SMA at $0.01572, which acts as the immediate resistance level.

Moreover, the Relative Strength Index (RSI) is trading up as it closes in on the 50-midline level, which shows that investors are currently buying.

The Moving Average Convergence Divergence is moving up as the price moves up from the $0.0147 support, which is an indication that the price of Notcoin could be gearing up for a rally over the triangle.

Notcoin Price Prediction

The Notcoin price analysis on the 1-hour chart shows a bullish bias, as the bulls aim to continue with the token’s uptrend over the symmetrical triangle, as investors currently target $0.01923.

Conversely, if the bears take control of the price at this level, the price of Notcoin may drop to $0.0140, which acts as a cushion against downward pressure.

As the Notcoin price bulls look for more buying signals, some investors are pivoting to a new Shiba Inu alternative called Shiba Shootout (SHIBASHOOT) , which has already raised over $631K in its presale.

Shiba Shootout Presale Hurtles Towards $1 Million

Shiba Shootout draws its inspiration from the legendary meme coin titan Shiba Inu and takes its token holders on a journey into the crypto Wild West.

The P2E game takes players on a captivating adventure filled with creativity, strategic gameplay, and the allure of a cowboy’s showdown.

The game is built around the town of Shiba Gulch, a bustling digital settlement that is a favorite with Shiba lovers who come together to challenge each other in high stakes showdowns.

Token holders can also easily earn passively through the platform’s staking mechanism, which offers an annual return of 1,630%.

According to the crypto channel 99Bitcoins, with more than 705k subscribers, investors who buy $SHIBASHOOT can earn “insane rewards.“

If you are interested in participating in the presale, you can buy the token for $0.0195. But hurry as the price will increase in less than two days.

You can buy SHIBASHOOT tokens on the official website here using ETH, BNB, USDT, or a bank card.

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  • 🚀 Bitcoin Price Prediction: Experts Forecast Bullish Trends for 2024 📈💰
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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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