Memecoins
Solana-based meme currency Popcat sees 305% surge in 30 days
Popcat, a meme coin based on the Solana blockchain, has seen its price increase by more than 305% in the last 30 days and 63% in the last week.
Pop-Cat (POPCAT) attributes its ever-increasing value to a combination of strategic partnerships, technical analysis, social media campaigns, DeFi integration and enhanced security measures.
Crypto influencers also endorsed the cat-themed meme coin, leading to its listing on ByBit and Crypto.com, boosting its visibility.
Popcat Technical Analysis
Technical analysis indicates a bullish trend for Popcat, with key indicators suggesting continued price upside. Current resistance is seen at around $0.98, with support identified at $0.60.
These levels have the potential for breakouts or reversals.
Ranked #86 among the top cryptocurrencies, Popcat has seen significant trading volume, with over $71 million traded in the last 24 hours. Its price hit an all-time high of $0.98 today. A sustained increase in volume could signal continued bullish activity.
Further analysis suggests that Popcat could see price fluctuations between $0.60 and $1 in the coming weeks.
According to current data from Coingecko, Popcat is trading at $0.95, with a price increase of 6% in the last 24 hours and a market cap exceeding $936 million.
Since its launch in January, Popcat has grown by 25,074%.