search
Homeweb3.0Cryptocurrency Trader Altcoin Sherpa Is Bullish on Popcat (POPCAT), Says Cat-Oriented Memecoins 'Will Do Pretty Well'

The analyst pseudonymously known as Altcoin Sherpa tells his 218,500 followers on the social media platform Twitter that he is “still bullish” on Popcat (POPCAT).

Cryptocurrency Trader Altcoin Sherpa Is Bullish on Popcat (POPCAT), Says Cat-Oriented Memecoins 'Will Do Pretty Well'

A popular cryptocurrency analyst and trader is sharing his perspective on a relatively new memecoin built on the Solana (SOL) blockchain.

The analyst, who is known pseudonymously as Altcoin Sherpa, tells his 218,500 followers on the social media platform X that he is “still bullish” on Popcat (POPCAT).

“Cat beta will do pretty well and play catch-up. If this sells off, all cat beta is going to die.”

According to the pseudonymous analyst, if POPCAT forms a head and shoulders pattern on the four-hour chart, the memecoin could end up plunging lower. A head and shoulders pattern is typically considered a bearish reversal pattern in technical analysis.

At time of writing, POPCAT is trading at $0.871, up by 22,881% from the January 5th low of $0.00379.

The pseudonymous analyst also gives his thoughts on Dogecoin (DOGE). According to the pseudonymous analyst, the leading memecoin by market capitalization could have bottomed out and could now be preparing for a consolidation phase after a pullback before a “stronger move up.”

Dogecoin is trading at $0.133 at time of writing.

Next, Altcoin Sherpa discusses Ethereum (ETH). According to the analyst, the second-largest crypto asset could experience increased volatility following the approval of spot Ethereum exchange-traded funds (ETFs) in the US. The pseudonymous analyst adds that Ethereum’s support level at around $3,350 could serve as a potential entry point for a long position.

Ethereum is trading at $3,445 at time of writing.

Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox

Check Price Action

Follow us on X, Facebook and Telegram

Surf The Daily Hodl Mix

The above is the detailed content of Cryptocurrency Trader Altcoin Sherpa Is Bullish on Popcat (POPCAT), Says Cat-Oriented Memecoins 'Will Do Pretty Well'. For more information, please follow other related articles on the PHP Chinese website!

Statement
The content of this article is voluntarily contributed by netizens, and the copyright belongs to the original author. This site does not assume corresponding legal responsibility. If you find any content suspected of plagiarism or infringement, please contact admin@php.cn
amazon project kuiper satellite launchamazon project kuiper satellite launchApr 10, 2025 pm 05:36 PM

Amazon's Project Kuiper satellite launch was postponed due to unfavorable weather conditions. The delay was likely influenced by factors such as high-altitude wind shear, lightning threats, and high surface winds, which are common hazards in space launches. This postponement highlights the need for meticulous planning and flexibility in the unpredictable environment of space operations.

Is Wall Street Quietly Backing Solana? $42 Million Bet Says YesIs Wall Street Quietly Backing Solana? $42 Million Bet Says YesApr 10, 2025 pm 12:43 PM

A group of former Kraken executives acquired U.S.-listed company Janover, which secured $42 million in venture capital funding to begin building a Solana (SOL) treasury.

Kevin O'Leary Urges Trump to Impose 400% Tariff on Chinese GoodsKevin O'Leary Urges Trump to Impose 400% Tariff on Chinese GoodsApr 10, 2025 pm 12:35 PM

Canadian businessman and investor Kevin O’Leary urged the Trump administration to impose a 400% tariff on Chinese goods, arguing that the current 104% tariff is insufficient to compel China to follow trade rules. O’Leary said these statements prior t

Regulatory roadblocks are crumbling as the U.S. Treasury signals a sweeping pivot toward blockchain, stablecoins, and digital assetsRegulatory roadblocks are crumbling as the U.S. Treasury signals a sweeping pivot toward blockchain, stablecoins, and digital assetsApr 10, 2025 pm 12:27 PM

U.S. Treasury Secretary Scott Bessent laid out a broad financial reform agenda at the Bankers Association Summit on April 9, pledging to remove regulatory barriers

China and Russia Have Started to Settle Some Trade Deals Using BitcoinChina and Russia Have Started to Settle Some Trade Deals Using BitcoinApr 10, 2025 pm 12:19 PM

According to a report by VanEck, China and Russia have started to settle some trade deals using Bitcoin.

Ethereum (ETH) Underperforms Bitcoin (BTC)Ethereum (ETH) Underperforms Bitcoin (BTC)Apr 10, 2025 pm 12:01 PM

underperformed Bitcoin on 85% of all trading days since it launched in 2015. The ETH/BTC ratio, which tracks the value of Ether relative to Bitcoin, dropped to a five-year low of 0.018

President Trump's Tariff Announcement Sent Bitcoin Dropping 5.4%President Trump's Tariff Announcement Sent Bitcoin Dropping 5.4%Apr 10, 2025 am 11:53 AM

In the world of cryptocurrencies, few events can shake things up like big government decisions. President Trump's recent tariff announcement did exactly that

Hot AI Tools

Undresser.AI Undress

Undresser.AI Undress

AI-powered app for creating realistic nude photos

AI Clothes Remover

AI Clothes Remover

Online AI tool for removing clothes from photos.

Undress AI Tool

Undress AI Tool

Undress images for free

Clothoff.io

Clothoff.io

AI clothes remover

AI Hentai Generator

AI Hentai Generator

Generate AI Hentai for free.

Hot Article

R.E.P.O. Energy Crystals Explained and What They Do (Yellow Crystal)
3 weeks agoBy尊渡假赌尊渡假赌尊渡假赌
R.E.P.O. Best Graphic Settings
3 weeks agoBy尊渡假赌尊渡假赌尊渡假赌
R.E.P.O. How to Fix Audio if You Can't Hear Anyone
3 weeks agoBy尊渡假赌尊渡假赌尊渡假赌
WWE 2K25: How To Unlock Everything In MyRise
3 weeks agoBy尊渡假赌尊渡假赌尊渡假赌

Hot Tools

VSCode Windows 64-bit Download

VSCode Windows 64-bit Download

A free and powerful IDE editor launched by Microsoft

SublimeText3 Mac version

SublimeText3 Mac version

God-level code editing software (SublimeText3)

SecLists

SecLists

SecLists is the ultimate security tester's companion. It is a collection of various types of lists that are frequently used during security assessments, all in one place. SecLists helps make security testing more efficient and productive by conveniently providing all the lists a security tester might need. List types include usernames, passwords, URLs, fuzzing payloads, sensitive data patterns, web shells, and more. The tester can simply pull this repository onto a new test machine and he will have access to every type of list he needs.

SublimeText3 English version

SublimeText3 English version

Recommended: Win version, supports code prompts!

Dreamweaver CS6

Dreamweaver CS6

Visual web development tools