NOT price will likely undergo a major bullish reversal move in the coming weeks, supported by Notcoin's initiatives to bring more users to its gaming ecosystem.
Telegram-based Notcoin (NOT) is poised for significant growth, with projections of doubling its market capitalization in the coming weeks. This optimistic outlook is supported by strong technical indicators and fundamental factors, namely the ecosystem's recent token burn.
On June 25, the Notcoin team announced that it had burnt 210 million NOT tokens worth $3 million in a day, a move that grabbed traders' attention and helped NOT's price rally by up to 16.40% to reach $0.0164.
The Notcoin team revealed plans to distribute $4.2 million worth of NOT tokens to "Gold and Platinum users" of its Explore initiative. This initiative allows any project to contribute NOT to the Explore pool and create campaigns with tasks for users who earn NOT for completion.
