Popcat continues its incredible rally, and today it reached its all-time high of $1.67 per coin. It has shown a 66.04% increase in the past 30 days, attracting traders who wish exponential growth within a short time.
Popcat’s all-time low was 10 months ago, in its beginning stages, and now the coin surged to almost 40756.33% from the dip. According to memecoin niche experts, cat-themed meme coins will dominate the upcoming altcoin boom, and the Popcat is a major coin everyone is looking forward to.
Why the POPCAT is Surging?
In October 2020, a user named Xavier BFB posted a meme based on his cat “Oatmeal” to a Discord community. The meme was created by merging a photo of closed-mouth Oatmeal and a photoshopped version of it opening its mouth.
This meme was reposted to X (then Twitter) and Reddit by his friends, attracting millions of views. Various users started creating new memes of the cat, and it led to the creation of an online game called Popcat. Since then, it is known as Popcat.
As a meme coin based on this sensational cat, the $POPCAT got instant approval from crypto enthusiasts. The success of zoo meme coins also aided its popularity. Let’s get into the token details.
POPCAT Token Details
93.1% of the total tokens are allocated to the liquidity pool and the remaining tokens are in a multi-sig wallet. The multi-sig allocation provides hope that there will be future plans for the Popcat community.
Token Ticker | $POPCAT |
Contract Address | 7GCihgDB8fe6KNjn2MYtkzZcRjQy3t9GHdC8uHYmW2hr |
Mainnet | Solana SOL |
Total Supply | 979.97 Million POPCAT |
Market Cap | $1.51 Billion |
Total No. of Onchain Holders | 82,438 |
Is it a Good Time to Invest in Popcat?
Usually, the better strategy is to look for dips in the charts to purchase. However, Popcat has been surging for months with small occasional corrections in the chart. So, it is difficult to find an entry.
Another risk in purchasing the meme coins like Popcat is the lack of intrinsic value. Most trending coins are popular because of their media exposure and marketing tactics. So, when the exposure fades off, there is a possibility of bleeding. However, Popcat is one of the influential coins in the crypto market, and it is pretty decentralized.
Regular burning also happens with the Popcat and chances are high for it in creating another breakthrough. You can engage with the Popcat community to understand the situation deeply and also be aware of its speculative nature. Anyway, you can purchase a small amount to create a diversified portfolio.
How to Purchase POPCAT?
POPCAT is available to trade on various centralized and decentralized exchanges. The major pairs are POPCAT/USDT and POPCAT/SOL. Below is an incomplete list.
POPCAT CEX (Centralized Exchanges) List
Exchange | Pair |
Bybit | POPCAT/USDT |
Kraken | POPCAT/USD |
HTX | POPCAT/USDT |
KuCoin | POPCAT/USDT |
Gate.io | POPCAT/USDT |
MEXC | POPCAT/USDT |
Crypto.com Exchange | POPCAT/USD |
BingX | POPCAT/USDT |
XT.COM | POPCAT/USDT |
POPCAT DEX (Decentralized Exchanges) List
Exchange | Pair |
Raydium | POPCAT/SOL and POPCAT/USDC |
Meteora VD | POPCAT/SOL and POPCAT/MEW |
Orca | POPCAT/SOL and POPCAT/WIF |
Final Thoughts
Various cryptocurrency experts predict the arrival of an altcoin bull run in the coming months, and according to them, meme coins will benefit the most from the run. A lot of traders are allocating Popcat with this boom in mind.
Popcat is one of the major coins in crypto KOL (Key Opinion Leader) Murad’s top 10 list, and many other influencers are promoting it. If you research and find an apt entry & exit strategy, you can benefit from it.
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