The past week in the cryptocurrency market has been nothing short of tumultuous, marked by sharp declines fueled by recession fears, only to see a swift rebound the following day. This volatility has particularly favored Notcoin, a tap-to-earn token based on the TON Network. In the last 24 hours, $NOT has surged nearly 30%, effectively recovering most of its losses from last Monday.
While Notcoin’s resurgence is noteworthy, it is not the sole gaming token making waves today. Another contender, PlayDoge, a new play-to-earn game currently experiencing a highly successful presale, is on the brink of surpassing the $6 million mark in its Initial Coin Offering (ICO).
Let’s explore the recent developments in the crypto gaming sector in more detail.
**Notcoin Recovers Losses with a 30% Surge, Leading TON Tokens Higher**
Among large-cap cryptocurrencies, Notcoin has recorded some of the most significant gains over the past 24 hours. It is leading the TON Network ecosystem with remarkable momentum—$TON has only increased by 8%, while gaming rival JetTon Games has gained 9%, and the meme coin Resistance Dog has jumped by 24%.
The price jump for $NOT was driven by a staggering trading volume of nearly $550 million, reflecting a surge in demand as traders flocked to the token. This volume is more than double the token’s average trading volume of just over $200 million from the previous week.
Though trading volume has dipped to $380 million, $NOT still possesses considerable upside potential. Currently, the token trades at $0.01245, which is over 25% lower than its price for much of July. Despite the volatility in $NOT’s price, momentum indicators suggest a possibility for continued upward movement.
A significant positive development for Notcoin is the launch of its new platform, Notcoin Games. This platform allows other developers to create engaging games for Telegram in collaboration with Notcoin.
**Not Games ⚡️**
New platform, new adventure, new rules.
Today, we are opening another chapter of this phase: Not Games.
We know how to build great experiences; now we want other game builders to deliver their best to you, frens.
pic.twitter.com/B1AsEnVwuJ
— Notcoin Ø (@thenotcoin)
August 1, 2024
Additionally, Notcoin may gain from ongoing delays surrounding the Hamster Kombat token airdrop, for which no date has been disclosed. Hamster Kombat, another tap-to-earn game on Telegram, has amassed over 300 million users. However, many players might switch to Notcoin if the $HMSTR token is not released soon.
Regardless, gaming tokens on the TON Network appear to be a promising investment in the current market landscape. $TON itself is down only 30% from its all-time peak reached in mid-June, indicating that this ecosystem has been less affected by the recent bearish trends compared to other prominent blockchains.
**PlayDoge Surpasses $6M as Exciting Play-to-Earn Launch Approaches**
Notcoin’s recent gains reflect the overall resilience of the crypto gaming sector, which is projected to reach an astonishing $615 billion by the end of the decade. A significant portion of that future valuation may be driven by a new coin currently holding its ICO: PlayDoge.
PlayDoge is a meme coin that is developing a play-to-earn game inspired by the beloved companion pet concept popularized by Tamagotchi in the 1990s. This gaming model has proven immensely popular—Tamagotchi sold over 82 million units—and has yet to be replicated in the crypto gaming arena.
In PlayDoge, players care for a virtual doge companion, earning $PLAY tokens as their pet grows. These tokens can be exchanged for in-game enhancements, which boosts future earning potential. The game also features over 20 side adventures offering $PLAY rewards, ensuring continuous engagement for players.
Only players holding $PLAY tokens are eligible for play-to-earn rewards, significantly driving demand for the PlayDoge presale. The presale is on the verge of exceeding the $6 million mark, well ahead of its projected timeline.
PlayDoge’s distinctive blend of play-to-earn mechanics and meme culture has garnered attention from leading crypto analysts, many of whom express strong optimism for $PLAY. The Crypto Mark has labeled it the premier play-to-earn token and forecasts that it could soar by 100x or more following its launch.
Currently, early investors can purchase $PLAY at a discounted rate of $0.00526 and stake their coins for a yield of 78% APY.
However, traders, investors, and gamers eager to secure $PLAY should act swiftly—the next price increase is less than 24 hours away. Don’t miss out on this opportunity to get in early on what may become the most significant play-to-earn game in crypto since the launch of Notcoin.
**Visit the PlayDoge Presale**
