- Popcat rose greater than 10% to hit a brand new all-time top of $1.67.
- The cat-themed meme coin’s surge coincides with an uptick for many meme cash.
Popcat (POPCAT) is one of the best gaining cash within the best 100 via marketplace cap. This comes as Popcat value recorded a 24-hour spike of over 10.5% to hit a brand new all-time top of $1.67.
The cat-themed Solana meme coin has jumped greater than 24% up to now week and 69% over the past 30 days. Its value hovered simply above $0.88 on Sept. 24, having won momentum following checklist on Kraken.
Bulls have endured upper, breaking from lows of $1.33 all through the Asian hours to hit the brand new ATH. The upside came about inside of a emerging channel development. The retest of the higher trendline and breakout noticed it upward thrust to a brand new all-time top.
General, Popcat’s beneficial properties have coincided with a broader upside for the meme coin marketplace.
POPCAT leads meme coin rally
Whilst Dogecoin, Shiba Inu and dogwifhat are amongst tokens to upward thrust because the crypto marketplace objectives contemporary momentum, POPCAT has stood out as probably the most outperformers.
Previously 24 hours, the token’s marketplace cap surpassed that of Bonk and Floki, prior to the previous reclaimed the higher hand amid benefit taking for POPCAT.
In line with CoinGecko information, the meme cash lately stand at $1.55 billion and $1.50 billion respectively for Bonk and Popcat. Floki, which has struggled up to now month, gaining via handiest 6% on the time of writing, has a marketplace cap of $1.39 billion.
Within the 4-hour chart above, the POPCAT/USDT pair is more likely to revisit the channel’s higher trendline for improve. Good fortune may permit bulls to push upper amid value discovery – in particular if marketplace stipulations give you the tailwinds bulls goal.
On the other hand, a breakdown past $1.51 may push POPCAT to number one improve at $1.36.