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Notcoin is starting to burn – what will happen next? The most honest review

Bits.media / 16.06.2024 / 13:47
Notcoin is starting to burn – what will happen next? The most honest review
On Sunday, June 16, the destruction of a certain number of Notcoin tokens is scheduled for the sake of reducing turnover and increasing value. The project that spawned the fashion for clicker games - how long will it be able to maintain its areola of success?

The first token clicker

Notcoin went viral in the winter – in January, a simple game appeared on Telegram that offered to collect virtual coins. In the shortest possible time, including through marketing, the venture grew into a Notcoin community with millions of users. The simplest mechanics had a literally magical effect.

Millions of Telegram subscribers are the result of the incredible accessibility of the game: to become a "real miner" you only need a phone, an app and fingers. Who said that manual mining is impossible? The players even had a kind of pools – squads, mini-communities in which they could communicate, play together and measure success.

In April, the game ended and more interesting things began – the opportunity to sell coins on exchanges. The listing of the token strengthened the audience's trust in the project, which made Notcoin truly famous.

Someone still believes that Telegram creator Pavel Durov himself is behind Notcoin, but this is not the case. He was presented with a certain number of coins and motivated to show friendly interest in the project. After all, everyone likes it when popular people are on their side.

But now it has come to burning NOT tokens.

Let's take a sober look at the prospects of Notcoin

Is there an area of practical application of the asset? The team is trying to position it as a kind of "service token for microtransactions." But here it is important to understand why NOT has become so popular at all. It's simple – easy money, which some people don't even consider a cryptocurrency.

In fact, this was the case at the initial production stage. NOT only existed in the form of something like virtual gold in World of Warcraft. Only it seems to be easier to farm. Just click on the screen and get an abstract value, which can then (if the listing takes place) be exchanged for very real funds.

Shortly after the "mining" of Notcoin was completed, Hamster Kombat appeared. And other similar token clickers. That is, the question is not only about the future of Notcoin itself, but in the future of the entire trend. Although, this is not too different from the craze for mining resources in online games or cryptocurrencies in general, which have long established themselves as a long-term phenomenon.

Today – Notcoin, tomorrow – Hamster Kombat and so on. Everything lives, dynamically develops, disappears – and this is normal.

Another thing is important: Notcoin is the first such swallow in the TON ecosystem. It was this project that opened the doors of cryptocurrency exchanges for a relatively young blockchain. And a lot depends on the success of the Notcoin coin. In particular, how many more similar projects will we see.

You can purchase Notcoin on exchanges such as Binance, Bybit or KuCoin – now NOT is more or less popular there. Regarding offline wallets: Notcoin is a relatively young token, but as far as we know, it is expected to be supported by Ton Wallet. Additionally, there should be support in Trust Wallet and Metamask.

The growth in the value of the asset lasted from the end of May, peaking on June 2. Further growth is not excluded due to a reduction in the total number of coins and corresponding expectations against the background of the ongoing hype (which, of course, is a short-term phenomenon and should not be missed).

In principle, since June 14, the cost curve has been steadily going up:


My opinion: Notcoin may well enter the top 10 cryptocurrencies on a par with DOGE and TON (or maybe not, let's be honest). It all depends: they will drop the token after the initial HYPE or they will support it.

Even the coolest specialists do not undertake to make long-term forecasts about the cost. This is a token, it was distributed, it is being sold, it is getting more expensive today, tomorrow it will become even more expensive, the day after tomorrow there will be another token. But this does not mean that Notcoin is something bad. Such coins make our lives more interesting and you should not rely only on bitcoin or ether. Look at the world more broadly, and a thousand possibilities will open up to you.

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