Popcat Pumps to New All-Time High, Surpassing $1B Market Cap – Should You Buy and Hold?
Popcat, a Solana meme coin, recently reached a new all-time high of $1.07, boosting its market cap to $1 billion.
This significant surge follows a strong recovery from earlier lows, mirroring the broader crypto market’s upward momentum.
As Popcat’s bullish trend continues, many investors are wondering if now is the best time to invest in this cat-themed meme coin.
With the overall market showing signs of recovery and meme coins gaining traction, let’s delve deeper into Popcat’s rise and explore its potential for further growth.
Popcat (POPCAT) price prediction
Meme coins are gaining momentum, with the broader cryptocurrency market showing bullish signs. Bitcoin is nearing $64,000, and the fear-and-greed index has shifted to neutral at 51, hinting at a possible move toward greed.
Meme coins like Popcat are riding this wave, becoming one of the top performers in terms of both gains and community engagement.
Popcat’s price has surged, showing an upward trend. Yesterday, the Solana-based coin gained momentum, reaching an all-time high of $1.07 on September 25. This rise aligns with the broader crypto market’s strength.
Popcat’s market cap also passed $1 billion during this time. Though its price has pulled back slightly from $1.07 to $1.02, it remains more than 10% higher over the past 24 hours. Technical data from the 4-hour chart shows Popcat on a positive trend.
The Relative Strength Index (RSI) is at 63.22, meaning the coin is getting close to being overbought. If Popcat breaks through its current resistance, it could reach $1.15. With continued bullish momentum, it may even surge to $1.57, which would be more than a 50% increase.
While Popcat’s growth is impressive, potential corrections should be kept in mind. Fast price increases can lead to short-term drops, but the long-term outlook for meme coins remains strong. As the crypto market shows signs of strength, meme coins could see a significant rise, especially in October.
Dollar-cost averaging might be a good strategy for those wanting to invest in Popcat during this hot market. For those already holding Popcat, selling now may not be the best move. The market sentiment for meme coins is positive, and with more potential gains ahead, holding could lead to further profits.
If you’re looking for investment opportunities that could offer big returns and increase in value during the next bull run, check out our guide here for the best crypto presales of 2024.
Is Pepe Unchained the next meme coin to explode?
Pepe Unchained is the newest meme coin catching attention. It raised over $15 million in its presale. Investors are buying $PEPU tokens at $0.00985 each, hoping to get in before the public launch.
The presale follows a staged structure, with the $PEPU price rising every few days to create FOMO. Investors can buy $PEPU with ETH, USDT, BNB, or even credit/debit cards, making it easy to access. After the presale, token claims will open, and a DEX listing will follow.
An incredible $15M raised! 🔥
Get warmed up for the biggest launch of this bull season! pic.twitter.com/EyDn4uzZ6z
— Pepe Unchained (@pepe_unchained) September 24, 2024
Although specific details are limited, the team hinted at “Tier-1” exchanges, fueling more interest. A listing on a major platform like Binance or OKX could significantly boost the token’s value before the official launch.
Interestingly, 7.5% of the total supply has been reserved for initial liquidity, which is uncommon for a new meme coin. The team’s goal is to ensure smooth and stable trading from the start. Pepe Unchained’s main focus is a Layer-2 scalability solution for Ethereum, built for meme coin trading.
This solution promises faster transactions and lower fees by handling them off-chain and bundling them before recording on Ethereum, which helps reduce congestion and costs.
Additionally, the project plans to launch a block explorer to strengthen its ecosystem and has introduced a developer grant program called “Frens with Benefits” to encourage dApp, NFT, and DeFi tool development. By offering grants, Pepe Unchained aims to launch with well-tested infrastructure, adding to the growing excitement.
The project also offers a staking app where investors can lock in $PEPU and earn yields as high as 138% per year. This high reward is an attractive incentive for early adopters, helping maintain smooth operations.
With its combination of utility, scalability, and community excitement, Pepe Unchained has built a solid foundation for growth, making it a meme coin to watch in the coming months.
To take part in the $PEPU token presale, visit pepeunchained.com.
Related
- Top 5 Meme Coins to Buy Now for Potential 50x Gains – $WIF, $PEPE, $POPCAT, $PLAY, and $PEPU
- Pepe Unchained Layer 2 ICO Soars Past $15 Million, Poised for a Strong Launch
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