Popcat soars to all-time excessive as meme cash soar

0
40

  • PopCat rose greater than 10% to a brand new all-time excessive of $1.67.
  • The rise in cat-themed meme cash has coincided with the rise in most meme cash.

Popcat (POPCAT) is without doubt one of the most worthwhile cash within the prime 100 by market cap. This comes after PopCat's value soared greater than 10.5% in 24 hours to an all-time excessive of $1.67.

The cat-themed Solana meme coin has gained greater than 24% previously week and greater than 69% previously 30 days. Its value gained momentum after its itemizing on Kraken, and was hovering simply above $0.88 on September twenty fourth.

The bulls continued to maneuver larger, breaking by way of the Asian low of $1.33 and reaching a brand new ATH. The rally occurred inside a channel up sample. A retest of the higher pattern line and breakout led to a brand new all-time excessive.

Total, PopCat's good points are according to a broader rally within the meme coin market.

POPCAT/USDT chart. Supply: TradingView

POPCAT leads meme coin rally

Because the crypto market seems for brand spanking new momentum, Dogecoin, Shiba Inu and Dogwifat are among the many rising tokens, however POPCAT stands out as one of many outperformers.

Previously 24 hours, the token’s market cap surpassed that of Bonk and Floki, with the previous regaining the higher hand amid POPCAT profit-taking.

See also  SEI value drops after profitable v2 improve with over 27 million tokens distributed

Meme cash at the moment stand at $1.55 billion and $1.5 billion for Bonk and Popcat, respectively, in response to CoinGecko information. Floki has struggled over the previous month and is up simply 6% on the time of writing, with a market cap of $1.39 billion.

Within the 4-hour chart above, the POPCAT/USDT pair is more likely to revisit the higher trendline of the channel for help. If profitable, the bulls may transfer larger amid value discovery, particularly if market circumstances present the bulls' desired tailwinds.

Nevertheless, a break above $1.51 may push POPCAT in the direction of the first help at $1.36.

(Tag Translation) Market