Notcoin Price Drops as Telegram Founder Faces Legal Issues

In
This
Post:

1. Telegram
   founder’s
   arrest
   causes
   Notcoin
   price
   to
   fall
   25%
2. Notcoin
   price
   is
   close
   to
   a
   big
   drop
3. Price
   might
   go
   up
   if
   it
   stays
   above
   a
   key
   level

Telegram
Founder’s
Arrest
Hurts
Notcoin

Pavel
Durov,
who
started
Telegram,
was
arrested.
He
now
faces
12
serious
charges.
This
caused
problems
for
Notcoin.

Notcoin
is
linked
to
Telegram.
In
three
days,
Notcoin’s
price
fell
by
25%.
It
went
down
to
$0.0086.
Notcoin’s
total
value
dropped
to
$887.2
billion.

Durov
was
caught
on
August
27,
2024.
It
happened
at
an
airport
near
Paris.
The
charges
are
very
serious.
They
include
helping
run
a
website
for
illegal
things.
He’s
also
accused
of
not
helping
the
police.
Other
charges
are
about
child
photos
and
drugs.
He
faces
computer
crime
charges
too.

https://x.com/_Mayorlee_/status/1828247894228422821

How
This
Hit
Notcoin’s
Price

The
news
about
Durov
hurt
Notcoin
badly.
The
price
was
already
going
down
for
three
months.
On
charts,
this
looked
like
two
lines
getting
closer.
The
price
bounced
between
these
lines.
This
is
called
a
“falling
wedge”
pattern.

Now,
Notcoin’s
price
is
very
close
to
the
bottom
line.
If
it
goes
below
this
line,
the
price
might
fall
more.
It
could
drop
by
another
42%.
This
would
take
it
to
about
$0.046.
This
worries
people
who
own
Notcoin.

What
Might
Happen
to
Notcoin
Next

Things
look
bad
now.
But
there’s
still
hope
for
Notcoin.
Sometimes,
this
“falling
wedge”
pattern
means
prices
will
go
up
soon.
If
the
price
stays
above
the
bottom
line,
it
might
start
rising.

If
this
happens,
Notcoin’s
price
could
break
through
the
top
line.
This
could
make
the
price
go
up.
It
might
reach
$0.018.
But
this
depends
on
what
happens
with
Durov’s
legal
troubles.
It
also
depends
on
if
people
still
trust
coins
linked
to
Telegram.

https://x.com/MilkoTV_/status/1828014200381137283

What
This
Means
for
Crypto
Fans

The
Notcoin
case
shows
how
fast
things
change
in
crypto.
When
big
names
get
in
trouble,
coin
prices
can
fall
fast.
It’s
important
to
stay
informed.
Be
ready
for
sudden
changes.

If
you
like
Notcoin,
watch
Durov’s
legal
case
closely.
The
result
could
change
Notcoin’s
future
a
lot.
Also,
keep
an
eye
on
the
price
charts.
Watch
the
lowest
price
in
the
falling
wedge.
If
the
price
stays
above
this,
Notcoin
might
recover.

To
sum
up,
Notcoin
is
in
trouble
because
of
Durov’s
legal
issues.
But
its
future
isn’t
set
yet.
Crypto
prices
change
a
lot.
Things
can
turn
around
fast.
We
don’t
know
if
Notcoin
will
keep
falling
or
go
back
up.
This
shows
how
outside
events
can
really
affect
crypto
values.