2024-5-19 18:28 |
Notcoin (NOT), the much-hyped new cryptocurrency, enjoyed a feverish launch three days ago with prices spiking by hundreds of percentage points. However, the hype has cooled somewhat and the token’s price has begun declining slowly.
In light of this pullback, crypto analyst Web3_Vibes has revealed three key factors they believe will catalyze a fresh rally in Notcoin to new lofty heights.
Web3_Vibes’ first bullish signal relates to the impending start of Notcoin farming inside the project’s bot in what is being called PHASE 3. “The start of a new session of Notcoin farming inside the bot – a full start of PHASE 3, obviously increases the investors’ interest in the token,” they explained. This increased farming activity and token supply schedule change could provide a fresh incentive for investors.
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The second factor cited is the potential adoption of Notcoin as a payment method in major new projects within the TON ecosystem. “The adoption of #Notcoin as a payment method in new important projects within the $TON ecosystem will help the growth,” Web3_Vibes stated, implying that real-world use cases could drive up demand.
Finally, the analyst believes the coming of a new alt season – when money flows out of Bitcoin into alternative cryptocurrencies – could provide a major boost. “When the huge amount of money starts to flow from $BTC to the altcoins / when the #altseason begins, $NOT is one of the 1st tokens for the huge pump,” they predicted confidently.
Only time will tell if Web3_Vibes’ analysis proves accurate, but the optimistic projections will be welcomed by Notcoin investors hoping for a swift recovery.
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The post Analyst Reveals 3 Factors That Will Catalyze Notcoin (NOT) Crypto Price to New Heights appeared first on CaptainAltcoin.
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