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The Notcoin price plunged 9% in the past 24 hours to trade for $0.004689 as of 02:17 a.m. EST on trading volume that dipped 7%.
With this dip, NOT token is among altcoins whose Relative Strength Index (RSI) records an oversold asset. Others include Arweave (AR), Tron (TRX), StormX (STMX), and Wanchain (WAN).
🚨 RSI Oversold Tokens (1h) 🚨$AR – 24.07 https://t.co/4v0GmSNSwo$NOT – 24.36 https://t.co/LT0W85ieqW$TRX – 24.64 https://t.co/623G91vk7M$STMX – 27.82 https://t.co/DQKZ5BNrOU$WAN – 27.93 https://t.co/kPhxHjbZsU
— BITIFY (@_Bitify) May 24, 2024
Meanwhile, some say that the Notcoin ecosystem could have something special compared to its peer, Toncoin (TON). This assumption is based on the fact that while NOT is already on Binance Exchange, TON is not.
Maybe $NOT . It's on Binance .It's really weird that even $TON not on Binance. I wonder if it's deliberately done by @ton_blockchain officials. $NOT must have something exceptional.Btw, $NOT has plummeted today with a long enough washout period and a market cap of $487M. I will… https://t.co/DBlLMeYGOP
— Chandler.btc (@Chandler_btc) May 24, 2024
The NOT token is also trending on Hawk App, with some saying it is the greatest launch of 2024.
🔥 Hot Trending
💎 Notcoin $NOT
💰 Price: $0.00473
⚡️ 24h change: -10.78%
📈 24h high: $0.00534
📉 24h low: $0.00468#Notcoin pic.twitter.com/5SrU1LuLwf— Hawk App (@hawkApp_) May 24, 2024
Notcoin Price Prediction
The Notcoin price is trading with a bearish bias, constrained within a falling or descending parallel channel. For as long as the boundaries hold, the asset will continue heading down in terms of market value.
Enhanced seller momentum could see the Notcoin price extend the fall to test the $0.004000 psychological level. This would mark a new all-time low for the crypto.
The RSI index reads 34, which means the Notcoin price is not ripe for a pullback. A slip below the 30 threshold would hint that the market is due for a correction.
Both the Moving Average Convergence Divergence (MACD) and the its histogram bars are still in negative territory. This typically indicates a bearish or downward trend in the price of the Notcoin price.
GeckoTerminal: NOT/USD 1-day chart
Conversely, if the NOT bulls seize the opportunity to buy the correction, the Notcoin price could rally on the ensuing buyer demand. While escaping the descending parallel channel above $0.005041 would be ideal, encouraging more buy orders, the bearish thesis would only be invalidated upon a stable candlestick close above the $0.007380 threshold.
As Notcoin slumps, the eTukTuk presale is going from strength to strength with funds raised rocketing past $3.35 million.
In an analysis of the project, crypto YouTuber Jacob Bury hails TUK as a new 10X potential cryptocurrency.
Promising Alternative To The Notcoin
TUK is the powering token for the eTukTuk ecosystem, a project combining electric vehicles, blockchain technology, and Artificial Intelligence (AI).
The project presents a revolutionary cryptocurrency project set to help Tuk Tuk drivers adopt a more energy-efficient mode of transportation. Its focus is developing economies in South Asia and Africa and it will lintroduce electric Tuk Tuks and a network of Electric Vehicle Charging Stations (EVSEs) across these regions.
2/ Transition to Low-Carbon Transportation:
The global shift towards low-carbon transportation is driven by climate change mitigation and urban air quality improvement.
Initiatives focus on promoting EVs, public transit, walking, cycling, and shared mobility for cleaner…
— eTukTuk (@eTukTukio) April 13, 2024
With a commitment to creating a carbon-fighting environment, the team behind eTukTuk integrates blockchain and AI technologies.
Sneak peek into the future: eTukTuk, the quiet ride that's turning heads in cities.
With its soft electric buzz, it's paving the way to a calmer, cleaner world.
Join us to shape the future of transportation together! 🌍🔇 pic.twitter.com/rgLlWNFla6
— eTukTuk (@eTukTukio) May 1, 2024
With such an interesting approach, the TUK ecosystem has earned a huge following.
1/ The sustainable mobility market is booming globally as societies prioritize environmental sustainability and energy efficiency.
Let's delve into key trends and developments shaping this transformative sector 🧵 pic.twitter.com/A9ooNCSZ1k
— eTukTuk (@eTukTukio) April 13, 2024
Apart from the $TUK token’s potential for growth, you can also stake your acquired tokens for an impressive 83% APY.
Introducing Buy and Stake mechanism, get $TUK tokens and instantly stake them, initiating a dynamic APY.
Early stakers enjoy higher returns as APY adjusts with participation, encouraging early adoption and a fair, enticing incentive structure for all. 💫 pic.twitter.com/pMrXEZzB3f
— eTukTuk (@eTukTukio) October 10, 2023
The project is also launching a Play-To-Earn (P2E) game in which players race around the streets of Sri Lanka. While doing so, they get to pick up and drop off customers at different locations.
📢📢 EXCITING ANNOUNCEMENT 📢📢
We are thrilled to announce that our awaited game, Crazy Tuk Tuk taxi is now also available on the App store 🤩
Complete quests, earn rewards and compete in thrilling races 😎
Download now:https://t.co/E2rb7J8r2e pic.twitter.com/XXgV8Wgz0Y
— eTukTuk (@eTukTukio) April 21, 2024
To participate in the presale, you can buy $TUK for $0.032 per token before the price increases in a little more than six days.
Also Read:
- Best AI Crypto Coin Projects: Top Picks for 2023
- Green AI Revolution in Web3 – Here’s How You Can Seize the 100X Opportunity With eTukTuk
- eTukTuk (TUK) Storming Into 2024 With Massive Funding, Learn Why Here
- eTukTuk Strives to Bring Sustainable Transport to Developing Nations With Its Innovative Three-Wheeler EV and Charging Infrastructure
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