It’s been a whirlwind 24 hours for Notcoin, which is up 15% and leading the crypto market’s recovery.
Will this momentum continue for the Play-to-Earn (P2E) phenom?
Notcoin Price Begins to Rally as Airdrop Window Closes
Time has passed for potential Notcoin airdrop claimants to secure their tokens, and the market has reacted with an influx of buy-side demand.
As a result, the NOT price has jumped 15% today. It is also up 5% this week and 212% this month. It is currently priced at $0.016.
NOT holds a $1.6 billion market cap and $527 million 24-hour trading volume, up 45% today.
Many would-be investors had held off until the airdrop claim period closed, hoping to snipe a lower price once airdrop receivers sold their tokens.
“Most of the drop was distributed already, unclaimed tokens will be put into the future development, part will be burned,” wrote the Notcoin team on X recently.
However, the team also alluded that Gold and Platinum level users will receive additional NOT tokens.
“Also, there will be an extra reward for those who staked for Gold and Platinum levels. The more you do for Notcoin, the more you get back, as usual.”
The claim is over 👏
A month ago Notcoin was listed and became a real community token, owned by you and people like you.
So far, Notcoin have got 11.5M holders: they’ve claimed tokens, staked, sent to exchanges or withdrawn onchain.
Most of the drop was distributed already,… pic.twitter.com/MyNp4h6FWB
— Notcoin Ø (@thenotcoin) June 17, 2024
That was last week, but the team updated its token allocation on Tuesday.
Notcoin Tokenomics is now extremely community oriented.
Notcoin worth $3M just burned from the emission 🔥
$4.2M will go as incentive for Gold and Platinum users of Notcoin Explore (thank you guys) pic.twitter.com/70vXTWk5YE
— Notcoin Ø (@thenotcoin) June 25, 2024
A follow-up tweet explained that 94.18% of NOT are now “in the hands of 11.5M people, including traders, miners, and stakers.”
Meanwhile, it disclosed that the remaining 5.82% “is in the treasury for the next years of development.”
This finality may have eased concerns about selling pressure, giving traders confidence to pull the trigger and buy NOT.
Analyst Top Gainer Today highlighted that NOT is trading inside a flag pattern and anticipates an explosive upward breakout in the coming days.
Based on the chart, Notcoin could push to $0.045 – almost a 3x from its current price.
With its token distribution complete and price chart in a favorable position, there’s every chance that Notcoin could continue to lead the market.
As such, a move toward the revered $0.045 mark should not be ruled out.
But as excitement for NOT ramps up, a new Telegram-based gaming application is also gaining pace.
The project is called Mega Dice token, and its presale success and track record indicate that it could be the next big deal in crypto gaming.
$DICE Presale Cruises Past $1.5M – Can it Explode Like Notcoin?
Mega Dice token is a trending crypto gaming project that is causing a stir in its presale.
Having raised over $1.5 million so far, investors are scrambling to get in on the action.
But it’s no surprise because this is not Mega Dice’s first rodeo.
Mega Dice is an industry-leading crypto casino with 50K players who wager $50 million monthly.
Now, it’s tackling the $20 billion crypto gaming sector with its new $DICE token and accompanying gamification layer.
The new token will reward Mega Dice’s existing user base while attracting new players to its ecosystem.
Similar to Notcoin, Mega Dice hopes to cause a splash with an airdrop.
It’s giving away $2.25 million worth of USDT, and users can become eligible by wagering $5K on the platform within a 21-day window.
Mega Dice also sweetens the pot with daily crypto rewards for $DICE holders based on the casino’s success.
This is a first for casino tokens, and considering the sector’s hyper-lucrative nature, it could be a huge draw for potential investors.
Those who buy $DICE today will take advantage of the lowest presale price.
The current price is $0.0825, but this will rise as the campaign advances. The next increase will occur in five days.