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The Notcoin price plunged 8% in the last 24 hours to trade at $0.01849 as of 00:32 a.m. EST on trading volume that dropped 17% to $882 million.
This comes as the project ends its airdrop claim for its users. The token has amassed over 11.5 million holders who have either claimed tokens, staked, sent them to exchanges, or even withdrawn on-chain.
Notcoin Price Bulls Set To Stage A Bullish Trend Reversal
Notcoin’s price has been on a downtrend since hitting its all-time high of $0.02836. However, the bulls have found support around $0.014, pushing the price to the resistance zone at $0.021, according to GeckoTerminal data.
NOT price has recently breached the lower boundary of the ascending triangle pattern to trade slightly above the support zone around $0.01825 (50-day Simple Moving Average (SMA)).
Moreover, the Relative Strength Index (RSI) trades down from the 50-midline level, currently at 45, as it hurtles towards the 30-oversold level.
The general Notcoin price analysis on the 4-hour chart shows that NOT is currently on a bullish trend, having breached the lower boundary of the ascending triangle.
If the trend continues, the Notcoin price bears could exert more pressure at this level, which could push the token further down as the bulls retreat to the $0.014 level, forming a double-bottom pattern.
However, the RSI shows that the token is being oversold, which could prompt investors to stage a buyback campaign in the coming days. In such a scenario, the price of Notcoin could soar over the lower boundary, with the bulls targeting the next resistance zone at $0.021.
Meanwhile, as the Notcoin price bulls await more entry signals, some investors are hedging their bets by diversifying into Mega Dice, a GameFi project set to be the first GambleFi platform on the Solana blockchain.
GameFi Sensation Mega Dice Zooms Past $1.49 Million – Next 100X Crypto?
Mega Dice (DICE) has been shaking up the crypto gaming landscape, recently hitting the $1.49 million mark in its presale. The platform is a top brand in the crypto casino world, boasting over 11,000 active players monthly and exceeding $50 million in monthly wagers.
$DICE presale has raised $1.4 Million 🚀
Current tier price: 0.075 💰
Current presale target: $2M 💰We're implementing multiple tiered price increases, so make sure to secure your #DICE early! Don't forget, you can now utilize your $DICE directly in our Web and Telegram… pic.twitter.com/VAsI6u27aD
— Mega Dice Casino (@megadice) June 7, 2024
Users on the platform can also enjoy over 4,000 casino games and have access to over 50 sports and eSports betting options.
Holders also have an opportunity to win a maximum airdrop of $37,500 in DICE’s $2.25 million airdrop giveaway, currently in season two. To take part in the action, all you need to do is wager $5,000 or more between May 15 and June 28 to have an opportunity to grab a portion of the $750,000 season two giveaway.
The $DICE Season 2 Airdrop is STILL LIVE – Earn Your Share of a $750,000 AIRDROP! 🚨💰
Want a piece of the action? Just wager $5000 or more between May 15 and 28 June, 2024, and you could claim your share of the $750,000 airdrop! 😍 With a maximum airdrop of $37,500 per player,… pic.twitter.com/YiFxEUucRx
— Mega Dice Casino (@megadice) May 31, 2024
According to 99Bitcoins, a prominent crypto channel on YouTube boasting over 700,000 subscribers, $DICE has the potential to soar 100X after its launch.
To join the presale, you can buy $DICE on the official website here for $0.075 per token using BNB, ETH, or SOL. You can also earn 10% on any purchases made by investors you refer.
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