Popcat (POPCAT) Meme Coin Surges 305% in 30 Days, Credits Value Jump to Partnerships and Social Media Campaigns-web3.0-php.cn

Popcat (POPCAT) Meme Coin Surges 305% in 30 Days, Credits Value Jump to Partnerships and Social Media Campaigns

Jul 22, 2024 am 09:36 AM

Popcat, a meme coin based on the Solana blockchain, saw its price surge by over 305% in the last 30 days and 63% in the past week.

Popcat (POPCAT) Meme Coin Surges 305% in 30 Days, Credits Value Jump to Partnerships and Social Media Campaigns

Popcat, a meme coin on the Solana blockchain, has seen its price rise by over 305% in the last 30 days and 63% in the past week.

According to Popcat (POPCAT), its ever-increasing value can be attributed to a combination of strategic partnerships, technical analysis, social media campaigns, DeFi integration, and enhanced security measures.

In addition, crypto influencers have played a role in promoting the cat-themed meme coin, which led to its listing on ByBit and Crypto.com, further boosting its visibility among traders.

Popcat Technical Analysis

A glance at Popcat's technical analysis reveals a bullish trend, with key indicators suggesting a continued rise in price. Currently, resistance is observed at around $0.98, while support is identified at $0.60. These levels present a potential for breakouts or reversals.

Ranked No. 86 among top cryptocurrencies, Popcat has seen strong trading volume, with over $71 million traded in the past 24 hours. Its price reached an all-time high of $0.98 today. A sustained increase in volume could signal continued bullish activity.

Further analysis suggests that Popcat could experience price fluctuations between $0.60 and $1 in the coming weeks.

As of the latest data from Coingecko, Popcat is trading at $0.95, showing a 6% price increase in the past 24 hours and a market capitalization of over $936 million. Since its launch in January, Popcat has surged by 25,074%.

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