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Home Crypto News & Analysis Adoption & Use Cases

Notcoin rallies as traders look to new game coin for future profits

by Abena Sarfo
June 1, 2024
in Adoption & Use Cases
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Notcoin rallies as traders look to new game coin for future profits
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Disclosure: This article does not represent investment advice. The content and materials on this page are for educational purposes only.

Notcoin, a new Telegram gaming cryptocurrency, surges 45% as traders expect gaming crypto Mega Dice token to rise.

Notcoin, a new Telegram gaming cryptocurrency, is quickly outpacing the market as it pumps 45% today. Meanwhile, leading traders are hailing Mega Dice token as the next gaming crypto that could explode after Notcoin’s success.

NOT price increases that get investor interest

A trifecta of an airdrop launch, the community choosing Notcoin over Bitcoin, and a passive reward scheme have led to Notcoin’s recent gains.

Interestingly, Notcoin’s decisive surge of 45% comes while the total crypto market cap is down 1.5%, reflecting significant relative strength for the new token.

It is currently trading at $0.007694 with a market cap of $790 million and a 24-hour trading volume of $1 billion, which is up 470% today.

This surge has pushed Notcoin up the crypto market cap rankings, where it currently has the 100th largest valuation. Notcoin recently announced that its phase 1 airdrop is now available.

The price soared after the announcement, indicating that potential NIE buyers held off until post-airdrop launch, competing for a lower price after airdrop winners sold their tokens.

However, with the air drop already underway, these buyers who have been on the sidelines may start to move in. This will also reflect why Notcoin’s trading volume has increased, with an increase in buyer and seller activity.

“It seems that most people who received tokens for free sold them. This is the main reason for today’s growth,” wrote analyst Web3_Vibes on X.

Notcoin rallies as traders look to new gambling coin for future profits - 2

Meanwhile, a community vote favoring Notcoin over Bitcoin is adding to the recent price rally. The Notcoin X account posted a poll comparing Notcoin and Bitcoin, asking its followers which crypto has limited supply, wide distribution and is still affordable.

An overwhelming 86.2% of the 29K voters chose Notcoin. The team also pointed out that Bitcoin’s price was $100 when it had a similar market cap to that of Notcoin at the time of the tweet.

Limited supply Wide distribution Still cheap

— Notcoin Ø (@thenotcoin) May 25, 2024

Notcoin has also introduced a passive earnings feature that allows users to generate NIE rewards by interacting with its partner projects and communities. According to a recent tweet, users who qualify for the “Platinum” level can earn more than a 300% APY.

Test Explore now 💅

300%+ APY now for Platinum btw and we just started with 4 pools

the actual annual percentage return, not what others offer you for a week or so

and holy math, it works

wow pic.twitter.com/mwKkK6H2Lv

— Notcoin Ø (@thenotcoin) May 23, 2024

Notcoin is a Telegram-based game that was launched in November 2023 and gathered more than 650,000 users in its opening weeks. According to recent data, more than five million participants are now interacting with the Notcoin protocol.

Indeed, this large user base immediately gave the token an upper hand after its launch in May, and recent developments have reinforced its excitement.

But another gaming crypto on a similar path is Mega Dice token, with a popular presale that has raised over $1.2 million so far.

Mega Dice GameFi token brings in $1.2 million and boasts 50,000 users

The new Mega Dice Token (DICE) will help usher in Mega Dice’s new gamification layer. Mega Dice is a leading crypto casino with 50,000 players betting $50 million monthly.

Such an established outfit rarely brings a sign to market, so it’s no wonder the pre-sale is off to a good start.

With the presale underway, investors can buy DICE for $0.075, but it will rise throughout the campaign, with the next increase coming when 28 million DICE are sold. So far, the figure stands at around 18 million.

Mega Dice token introduces a host of benefits to holders, which translate to real token utility and the potential for long-term demand commensurate with the casino’s success.

For example, holders get daily crypto rewards based on the casino’s revenue, limited edition NFTs, access to exclusive features, a referral scheme, and more.

The project received widespread support from top industry analysts. For example, the 99Bitcoins YouTube channel suggested that it could be the “Next 100x Crypto Presale Gem”.

35% of the token’s total supply has been earmarked for the presale. Another 15% is allocated to airdrop rewards, 15% to exchange liquidity, 15% to DICE casino, 10% to strike rewards, 5% to marketing and 5% to affiliates.

To learn more, visit the Mega Dice Token Presale.

Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users should do their own research before taking any actions regarding the company.



Disclaimer for Uncirculars, with a Touch of Personality:

While we love diving into the exciting world of crypto here at Uncirculars, remember that this post, and all our content, is purely for your information and exploration. Think of it as your crypto compass, pointing you in the right direction to do your own research and make informed decisions.

No legal, tax, investment, or financial advice should be inferred from these pixels. We’re not fortune tellers or stockbrokers, just passionate crypto enthusiasts sharing our knowledge.

And just like that rollercoaster ride in your favorite DeFi protocol, past performance isn’t a guarantee of future thrills. The value of crypto assets can be as unpredictable as a moon landing, so buckle up and do your due diligence before taking the plunge.

Ultimately, any crypto adventure you embark on is yours alone. We’re just happy to be your crypto companion, cheering you on from the sidelines (and maybe sharing some snacks along the way). So research, explore, and remember, with a little knowledge and a lot of curiosity, you can navigate the crypto cosmos like a pro!

UnCirculars – Cutting through the noise, delivering unbiased crypto news

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Abena Sarfo

Abena Sarfo

A champion for economic empowerment, Abena showcases how blockchain can bridge the financial gap in developing economies. Her insightful articles highlight real-world projects and initiatives bringing financial services to unbanked communities.

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