Notcoin has seen huge gains of 49% today, fueled by the wider recovery after weeks of bearish momentum.
Meanwhile, the newly launched P2E token PlayDoge is also showing strength, with its presale total raise nearing $5.5 million. Could this be the next Notcoin?
Notcoin Price Explodes as Investors Eye Next Bullish Rally
Only in crypto can traders become 49% richer in a single day.
The euphoric Notcoin surge comes after devastating price action throughout the crypto market.
A combination of Bitcoin selling pressures has led to weeks of downward momentum.
However, many altcoins are exhibiting strong upward corrections, and analysts believe the time has come for crypto’s next bull run.
It’s been a bullish 24 hours for cryptocurrencies, with the industry’s total market cap jumping 2.78%.
But that figure is blown away by Notcoin’s 44% rally.
And it’s not without merit.
Notcoin is leading the charge on crypto’s Play-to-earn (P2E) frontier, with over 40 million users onboarded to its game.
Resultantly, it has been a first-mover in the market’s next leg up.
The current Notcoin price is $0.01431, up 44% today and 4% this week. However, it remains down 32% this month and 50% from its all-time high (ATH).
NOT holds a $1.4 billion market cap and a $781 million 24-hour trading volume, up 121% today.
Popular trader Captain Faibik has highlighted Notcoin’s recent strength, suggesting that it marks a momentum shift and that the price will see another 2x gain from here.
Analyst VXN is also bullish on the project, speculating that it will rally toward $0.022 in the short term and $0.07 in the long term.
This long-term price target would result in a 389% gain from its current price.
Indeed, with the crypto market flipping bullish and Notcoin’s juncture as the leading P2E cryptocurrency, it’s an exciting time for the project’s investors.
However, there are other P2E cryptocurrencies also promising.
PlayDoge that are is one of those. The project is currently in its presale and has been tipped for 100x gains by several prominent analysts.
PlayDoge Presale Nears $5.5M – Can this be the Next Big P2E Token?
PlayDoge is a P2E cryptocurrency inspired by the iconic 1990s Tamagotchi game.
But this contemporary reboot ushers in massive improvements.
Firstly, as its name suggests, PlayDoge has a meme coin facet.
This is huge for its price potential, with its memetic allure likely attracting more eyeballs and speculation.
PlayDoge works similarly to Tamagotchi, with users caring for a virtual pet, ensuring it is rested, fed, and healthy.
However, the kicker is that PlayDoge users will be compensated for their time, with real crypto rewards on the line.
They will rack up XP points by engaging with their pets. This pushes them up the project’s leaderboard, making them eligible to earn more $PLAY tokens.
These tokens can then be cashed out, used for in-game purchases, or staked.
Staking currently offers a 106% APY, but this will decrease as more tokens are deposited.
The project has raised over $2.4 million, reflecting considerable investor interest.
However, analysts are also on board, with 99Bitcoins suggesting it has 100x potential.
The $PlayDoge token presale is ongoing.
Investors can buy for $0.00516, but this price will rise throughout the campaign.
The next increase will occur in one day, so potential buyers should act quickly.
