Notcoin Closes in on 1 Cent – Could This Unlisted Meme Coin Hit $1 Before Dogecoin?
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In the last 24 hours, the Notcoin ($NOT) meme coin underpinning the eponymous tap-to-earn Telegram game has come tantalisingly close to reaching the $0.01 mark.
According to CoinGecko data, Notcoin hit an intraday high of $0.00935 last night UTC, but has since pulled back to its current level, around $0.008658.
Notcoin briefly hit a cent last Friday but failed to recapture the threshold since.
Back in the summer, the token set an all-time high (ATH) of $0.02836 on June 2, just a couple of weeks after launching. Its price has since retreated 69%.
In the last 24 hours, $NOT dropped by about 5%. These losses are broadly in line with the rest of the meme coin sector, which fell 5.5% overnight to a market cap of $53.6 billion.
Original meme coin Dogecoin ($DOGE) dropped 5% in 24 hours and currently changes hands at $0.12.
Notcoin is a game that users can access through the Telegram app. Simply open the Notcoin bot, invite friends, and tap the gold coin in the interface to begin earning $NOT.
Tap allowances are finite and refill slowly over time. However, players can earn more taps by questing and performing community actions.
The game and its token run on The Open Network (represented by the native token $TON), a blockchain that spun out from Telegram in 2020 after the SEC charged the company with violating federal securities laws by selling it.
The two companies remain strongly affiliated.
After an explosive launch that rallied prices to 2 cents, Notcoin’s $NOT has been in gradual decline.
In the early days of August, the token rallied again but found stiff resistance at $0.014, as indicated by the downtrending red resistance line on
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