The mood in the cryptocurrency world is becoming more positive after a period of downturn and neutral sentiment since March. While some cryptocurrencies are in the spotlight due to their mostly negative outlooks, it's important to remember that public opinion can change quickly, and popular projects don't always reflect strong fundamentals. Social media indicators and public sentiment can influence short-term price movements of cryptocurrencies. According to data from Santiment, there are two cryptocurrencies worth watching this week.

Analysis of Notcoin (NOT) and Toncoin (TON)

Santiment's social index suggests a downward trend for Notcoin, particularly after reported issues with Binance and TON wallets. An AI summary from Santiment highlights that users are frustrated with Notcoin due to difficulties receiving their tokens, significant balance drops, and exchange problems.

Despite this, there are positive aspects to Notcoin, especially regarding successful cash withdrawals, trading opportunities, and listings on cryptocurrency exchanges. Notcoin was initially created as a reward token for a Telegram game aimed at attracting users to The Open Network (TON). The negative sentiment surrounding Notcoin is partly due to perceptions of Toncoin, the native token of the TON blockchain associated with the game.

Concerns about the TON project include problems with the TON wallet's functionality and reliability, with users facing issues related to deposits, withdrawals, and transfers.

Toncoin's Price Forecast

Toncoin has attracted significant attention with its impressive performance since early 2024, boasting a 228% increase over the past year and currently trading at $6.58. The TON structure aims to build a solid long-term foundation by effectively integrating investors and developers into its ecosystem.

Technical indicators for Toncoin suggest it may maintain its current price or even rise despite the existing sentiment. TON continues to trade above its 30-day exponential moving average (30-EMA), and the Relative Strength Index (RSI) indicates a strong trend.

In conclusion, while Notcoin faces challenges and negative sentiment, there are positive aspects worth noting. Meanwhile, Toncoin's strong performance and technical indicators suggest it may continue to do well. Investors should consider both social sentiment and technical data when evaluating these cryptocurrencies.