Solana Memecoins Surge: Goatseus Maximus (GOAT) Leads the Charge as Collective Valuation Crosses $12B

Solana memecoins are gaining attention as top performers in the market, with their collective valuation crossing $12 billion. Among the most notable are Goatseus Maximus (GOAT), Popcat (POP), and Cat in a Dogs World (MEW), all showing strong price movements.

Solana memecoins have emerged as top performers in the crypto market, boasting a collective valuation of over $12 billion. Among the most notable are Goatseus Maximus (GOAT), Popcat (POP), and Cat in a Dogs World (MEW), which have shown strong price movements.

Launched on Oct. 10, Goatseus Maximus (GOAT) has taken the Solana memecoin sector by storm. In just two weeks, the token reached a market cap of over $607 million, largely due to rumors that the Marc Andreessen-funded AI bot, Truth Terminal, launched the token.

However, this claim was false, and Truth Terminal later clarified that it did not launch GOAT. Despite this, the token gained attention after Truth Terminal promoted GOAT on X, leading to a wave of hype that propelled the token's price.

According to David Zimmerman, an analyst at K33 Research, AI memecoins like GOAT have garnered “massive attention” because of their unique positioning at the intersection of artificial intelligence and memes. He also noted that many tokens within the sector have surpassed the $100 million market cap mark, making them significant players across the Solana network.

In the past week alone, GOAT has posted a 35.5% gain, and over the last seven days, the token has soared by a staggering 167.6%. It remains the top performer in the Solana memecoin space, continuously drawing the interest of both retail investors and traders seeking quick profits. The token now hovers near the $1.60 resistance level, and with bullish momentum intact, traders are anticipating further gains.

Popcat (POP) and Cat in a Dogs World (MEW)也都吸引了人们的注意力，而 Goatseus Maximus 抢尽了风头。在过去 24 小时内，该代币上涨了 18%，上周上涨了 36.5%，将其价格推高至 1.63 美元。Popcat 的势头引起了人们的注意，但真正引人注目的是过去 24 小时内从中心化交易所 (CEX) 流出的 340 万美元，比最近的平均水平高出 2.15 倍。

Popcat 在 50 日和 100 日 EMA 下方进行交易，目前分别为 1.099 美元和 0.8967 美元。这表明上升趋势仍然强劲，如果出现任何短期回调，这些 EMA 可能会作为支撑。

Popcat 在 1.70 美元附近面临直接阻力，如果成功突破此水平，它可能会测试 2.00 美元的心理关口。在不利的一面，如果出现修正，1.40 美元水平提供初始支撑，在 1.099 美元（50 日 EMA）有更强支撑。

Strong gains in Cat in a Dogs World (MEW) as bulls surge Cat in a Dogs World (MEW), launched in late March 2024, is another new Solana meme showing strong resilience currency. It is priced at $0.01057, up 15.1% amid the ongoing market rout.

Currently, Cat in a Dogs World (MEW) is sitting near the upper Bollinger band, indicating increased volatility. Band spreads are indicative of larger price movements. Additionally, the relative strength index (RSI) is at 73.10, indicating that bulls have entered overbought territory. RSI above 70 typically indicates a possible price correction, so we may see a price drop soon.

Solana The memecoin market is growing exponentially, with a market capitalization of $12 billion. Nonetheless, Goatseus Maximus (GOAT) is up nearly 167% over the past week, while Popcat (POP) and Cat in a Dog’s World (MEW) have also experienced strong price movements.

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