Saturday, November 16, 2024
HometechnologyPopcat Pumps to New All-Time Excessive, Surpassing $1B Market Cap

Popcat Pumps to New All-Time Excessive, Surpassing $1B Market Cap


Popcat, a Solana meme coin, lately reached a brand new all-time excessive of $1.07, boosting its market cap to $1 billion.

This important surge follows a robust restoration from earlier lows, mirroring the broader crypto market’s upward momentum.

As Popcat’s bullish development continues, many buyers are questioning if now could be the very best time to take a position on this cat-themed meme coin.

With the general market exhibiting indicators of restoration and meme cash gaining traction, let’s delve deeper into Popcat’s rise and discover its potential for additional progress.

Popcat (POPCAT) value prediction

Meme cash are gaining momentum, with the broader cryptocurrency market exhibiting bullish indicators. Bitcoin is nearing $64,000, and the fear-and-greed index has shifted to impartial at 51, hinting at a attainable transfer towards greed.

Meme cash like Popcat are driving this wave, changing into one of many high performers when it comes to each beneficial properties and group engagement.

Popcat’s value has surged, exhibiting an upward development. Yesterday, the Solana-based coin gained momentum, reaching an all-time excessive of $1.07 on September 25. This rise aligns with the broader crypto market’s energy.

Popcat’s market cap additionally handed $1 billion throughout this time. Although its value has pulled again barely from $1.07 to $1.02, it stays greater than 10% greater over the previous 24 hours. Technical knowledge from the 4-hour chart exhibits Popcat on a constructive development.

Popcat Price GraphPopcat Price Graph

The Relative Energy Index (RSI) is at 63.22, which means the coin is getting near being overbought. If Popcat breaks by way of its present resistance, it may attain $1.15. With continued bullish momentum, it might even surge to $1.57, which might be greater than a 50% enhance.

Whereas Popcat’s progress is spectacular, potential corrections must be saved in thoughts. Quick value will increase can result in short-term drops, however the long-term outlook for meme cash stays sturdy. Because the crypto market exhibits indicators of energy, meme cash may see a big rise, particularly in October.

Greenback-cost averaging is likely to be an excellent technique for these eager to spend money on Popcat throughout this scorching market. For these already holding Popcat, promoting now might not be the very best transfer. The market sentiment for meme cash is constructive, and with extra potential beneficial properties forward, holding may result in additional income.

If you happen to’re in search of funding alternatives that might supply huge returns and enhance in worth in the course of the subsequent bull run, take a look at our information right here for the finest crypto presales of 2024.

Is Pepe Unchained the subsequent meme coin to blow up?

Pepe Unchained is the most recent meme coin catching consideration. It raised over $15 million in its presale. Buyers are shopping for $PEPU tokens at $0.00985 every, hoping to get in earlier than the general public launch.

The presale follows a staged construction, with the $PEPU value rising each few days to create FOMO. Buyers should buy $PEPU with ETH, USDT, BNB, and even credit score/debit playing cards, making it straightforward to entry. After the presale, token claims will open, and a DEX itemizing will observe.

Though particular particulars are restricted, the staff hinted at “Tier-1” exchanges, fueling extra curiosity. An inventory on a significant platform like Binance or OKX may considerably increase the token’s worth earlier than the official launch.

Apparently, 7.5% of the whole provide has been reserved for preliminary liquidity, which is unusual for a brand new meme coin. The staff’s objective is to make sure clean and secure buying and selling from the beginning. Pepe Unchained’s primary focus is a Layer-2 scalability answer for Ethereum, constructed for meme coin buying and selling.

This answer guarantees quicker transactions and decrease charges by dealing with them off-chain and bundling them earlier than recording on Ethereum, which helps cut back congestion and prices.

Moreover, the venture plans to launch a block explorer to strengthen its ecosystem and has launched a developer grant program known as “Frens with Advantages” to encourage dApp, NFT, and DeFi software growth. By providing grants, Pepe Unchained goals to launch with well-tested infrastructure, including to the rising pleasure.

The venture additionally provides a staking app the place buyers can lock in $PEPU and earn yields as excessive as 138% per yr. This excessive reward is a sexy incentive for early adopters, serving to keep clean operations.

With its mixture of utility, scalability, and group pleasure, Pepe Unchained has constructed a stable basis for progress, making it a meme coin to observe within the coming months.

To participate within the $PEPU token presale, go to pepeunchained.com.

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