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Popcat Hits New Record High: Meme Coin Rally Ahead?

$POPCAT hits a new all-time high amid market volatility, fueled by influencer hype and potential Binance listing

2 min 30 sec September 26, 2024

Highlights:

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$POPCAT reaches a new all-time high, surpassing a $1 billion market cap.

•

Influencer Rookie promotes $POPCAT, boosting its visibility and attracting thousands of new holders.

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Positive chart indicators suggest potential for further price increases amid Binance listing speculation.

Popcat Hits New Record High: Meme Coin Rally Ahead?

$POPCAT has defied the bearish trend in the general cryptocurrency market to reach a new all-time high. After enduring months of extreme price fluctuations, Popcat has now crossed the impressive $1 billion market cap. 

 

A few weeks ago, the token bounced back from a low of $0.2. With whispers of a potential Binance listing, many wonder if this marks the beginning of another significant surge for Popcat.

 

Influencers Fueling the Hype Before Binance Listing

 

Rookie, a popular influencer with over 400,000 followers on X, has played a crucial role in Popcat’s rapid ascent. He began promoting Popcat when its market cap was merely $30 million. 

 

 

His efforts helped propel the coin into the limelight. Today, his investment has grown over 300 times, showcasing his strong belief in this meme coin. 

 

Popcat has also amassed over 65,000 holders on Solana, excluding those holding on various exchanges. Speculation surrounding a Binance listing could significantly increase this figure, as more traders look to capitalize on the hype. 

 

Chart Shows Positive Signs for Popcat

 

Popcat’s daily and monthly charts reveal several positive signs for the future. Recently, the coin broke past its previous high of $0.97, which now serves as a solid support level. 

 

This shift could pave the way for even higher prices in the upcoming weeks. Additionally, the Relative Strength Index (RSI) for Popcat has climbed above 70 for the first time in several months, indicating strong buying momentum.

 

As excitement builds around Popcat, the combination of strong chart indicators and potential exchange listings may lead to significant price movements. Meanwhile, investors are watching to see if this bullish momentum will propel POPCAT to another ATH.

 

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