Popcat (POPCAT) outperforms market, rising 5% forward of Kraken itemizing

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  • Kraken confirmed that it’ll record POPCAT on September twelfth.
  • POPCAT has surged greater than 5% and is buying and selling at $0.6559.
  • POPCAT is anticipated to commerce at $0.90 by the tip of 2024.

Popcat (POPCAT), the highest meme coin on Solana Blockchain, has surged by over 5% previously 24 hours amid a struggling cryptocurrency market. The surge comes after main cryptocurrency trade Kraken introduced it’ll record POPCAT for spot buying and selling on September 19 at 3pm UTC.

Kraken confirmed the itemizing in a Sept. 12 X (previously Twitter) submit, highlighting POPCAT’s spectacular 3,940.84% ​​development since early September. On the time of writing, the coin is buying and selling at $0.6559, up 5.3% over the previous 24 hours.

Associated article: Solana every day buying and selling charges hit multi-month low as meme coin pleasure fades

In accordance with CoinMarketCap, POPCAT at present ranks third amongst Solana meme cash with a market cap of $641 million, and 91st general within the cryptocurrency market by valuation.

Bullish momentum builds as merchants anticipate itemizing

Merchants have been shopping for up POPCAT in anticipation of a worth surge following its itemizing, fueling bullish sentiment. The coin has risen 21.19% previously week and 15.45% previously 30 days. Nevertheless, it’s nonetheless buying and selling 34.24% under its all-time excessive of $0.9976, hit in July 2024.

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TradingView charts verify that bulls have the higher hand with POPCAT’s Relative Power Index (RSI) at 55.79, with an upward slope suggesting additional good points within the close to time period.

Analysts predict that as POPCAT's recognition and group grows, it may attain $0.90 in 2024. By 2030, with the evolution of blockchain expertise, it may attain a peak of $5. If meme cash and cryptocurrencies really go mainstream, POPCAT may even attain $59.55 by 2040.

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