Popcat Surges 125%, Outpacing WIF and Other Top Meme Coins
The crypto market has taken a hit, but meme coins continue gaining. Popcat is one of the strongest, with a 7% pump today, 33% this week, and 105% this month.
Despite the broader crypto market downturn, meme coins continue to experience significant gains. Among them, Popcat stands out with a 7% price surge today, bringing its gains to 33% for the week and an impressive 105% for the month.
Meanwhile, analysts are highlighting Crypto All-Stars ($STARS) as the next project poised for substantial gains, with its presale already surpassing $2.1 million.
Popcat Surges 125%, Outpacing WIF and Other Top Meme Coins
Among meme coins, Popcat has emerged as the clear frontrunner this month, with gains now exceeding 125%.
This performance significantly outpaces that of rival meme coins such as Dogwifhat and Pepe, which have risen by 61% and 30%, respectively.
The strong growth of Popcat can be attributed to several factors, including support from rising star influencer Murad Mahmudov, who gained notoriety for a presentation about a “meme coin supercycle” at the TOKEN2049 summit in September.
Murad has cited several reasons for backing Popcat, including its popularity among Asian investors, which is crucial given the rising liquidity in the Chinese market.
He also points out the growing appetite for meme coins outside of the ‘dog coin’ meta.
“The ‘Cats repricing against Dogs’ narrative is attractive,” he noted.
Combine this with the following facts:1) POPCAT is particularly popular in Asia2) China has recently started to stimulate its economy3) Chinese risk assets are mooning4) GCR prophesied this to be a Cat Asia cycle5) “Cats repricing against Dogs” narrative is attractive https://t.co/zrI0RfDNPm
Furthermore, analyst W3Q highlighted Popcat's ability to hold firm amid market turmoil last week, which was caused by conflict in the Middle East and a proceeding Bitcoin selloff.
The analyst went on to dub Popcat the “Doge of cats,” and said it is about to embark on a “doge-like run.”
new ath for topcat.wen it held its ground during ww3 sentiment and btc dump. that was the signal. 10 was always min not max. doge of cats about to go on a doge like run$POPCAT https://t.co/450zfXQ5QJ
Currently, Popcat trades at $1.3, up 9% today and 30% for the week. It holds a $1.27 billion market cap and a $136 million 24-hour trading volume, which marks a 22% increase today.
The success of Popcat reflects a broader interest in alternative meme coin categories.
Other projects like SPX6900 (a meme coin stock parody) and GigaChad (a culture coin) have also experienced significant gains this month.
However, the fast-paced nature of the meme coin sector can make it challenging for investors to keep up.
This is why Crypto All-Stars is experiencing notable interest, providing diversified exposure to 11 of the top meme coins that its platform supports.
Crypto All-Stars to generate 10X gains after presale, says Top Analyst
The presale has caused a ruckus ever since its inception.
Being the only unified staking app for meme coins, it quickly caught the attention of several analysts.
It’s even went as far as being called the “favourite presale” by Austin Hilton, due to this utility.
However, it was Jacob Bury who gave it a price prediction, speculating that $STARS could 10x after its presale.
While it’s unclear when the ICO will end, Austin Hilton says it might be soon.
It’s taking place at a fixed rate, but the price will be determined by supply and demand forces once it is listed on exchanges.
This is when the price could explode and hit Bury’s 10x target, which would well outpace Popcat and other top meme coins.
We should also note that other traders are considering even more gains. For instance, Umar Khan from 99Bitcoins says that $STARS can be 100x in price.
As Hilton noted, Crypto All-Stars has “one of the best utility drivers that a meme coin has ever had.”
Factoring in that they’ve raised just $2.1 million so far, Umar Khan’s 100x prediction should not be ruled out.
How does the Crypto All-Stars staking app work?
The staking app will be called “MemeVault.” It’s essentially a multi-token staking contract that lets you generate $STARS rewards on different meme coins.
It’s built upon robust tokenomics, ensuring that $STARS’ supply and demand dynamics are geared to long-term price appreciation.
Here’s how it works:
Users must hold
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