POPCAT surges as Kraken broadcasts buying and selling help

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  • PopCat meme coin surged greater than 11% after Kraken introduced its spot itemizing on Sept. 19.
  • POPCAT value hit a excessive of $0.67 and was buying and selling larger on the time of writing.

Buying and selling costs for Solana meme coin Popcat (POPCAT) rose after cryptocurrency alternate Kraken introduced it was including help for spot buying and selling.

The cat-themed meme coin additionally surged almost 30% after the world’s largest cryptocurrency alternate, Binance, listed the POPCAT perpetual contract, recording double-digit features as of press time on Sept. 12.

After Kraken introduced it could add Popcat on Sept. 19, 2024, the meme coin's value rose from $0.58 to a excessive of $0.67. As of this writing, the cryptocurrency's value is up 10% and buying and selling above $0.66, in accordance with information from CoinGecko.

Popcat is presently listed on Bybit, Gate.io, MEXC, Crypto.com and Kucoin, nonetheless, whereas main exchanges Binance and OKX have listed POPCAT futures, they’ve but so as to add spot buying and selling.

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Kraken’s help for spot buying and selling is subsequently an enormous transfer, with the token’s value rising because the group welcomed the brand new milestone in additional publicity.

Rising meme cash resembling SUNDOG and CAT

Whereas the present value is nicely above the all-time low of $0.003 on January 5, 2024, POPCAT is down over 35% from its all-time excessive of $0.99 on July 21, 2024. The sudden rally to almost $1 suggests {that a} rebound within the meme coin might see Popcat goal this peak.

Different meme cash that noticed upward momentum as we speak embody Tron-based Sundog (SUNDOG) and Simon's CAT (CAT).

The previous surged after a whale withdrew $2 million value of TRX and used the cash to purchase SUNDOG, whereas Simon's CAT, which lately accomplished an airdrop to Floki holders, rose after Bybit hinted at a list.