Bitcoin
Popcat Price Prediction: POPCAT Skyrockets 53% As Traders Turn To This Other SOL Meme Coin That’s Unleashing A Massive Airdrop
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The Popcat value exploded 53% previously 24 hours to commerce for $0.3028 as of 08:57 a.m. EST on buying and selling quantity that jumped 103%.
The Solana (SOL) value has surged 2.7% as buyers flock to Solana-based meme cash like POPCAT and Myro (MYRO), which is up round 5% on the day.
The cat has been popping for soooooo many months, and outlived and outpopped 90% of SOL memecoins since this cycle, nonetheless sitting at 300m
At this level I consider it’s because of pull a $wif fashion value motion over a brief time period $POPCAT pic.twitter.com/ZArkQ02IBj
— notEezzy 🧸 (@notEezzy) April 22, 2024
One other issue driving the Popcat value is group progress, posting upwards of 17.7K in followers on X.
Love seeing the group progress on $popcat yall are the very best!!
Only a throw again photograph of me from the early days..#popcat pic.twitter.com/H8J808T218— momo (@thewhitezetsu) April 22, 2024
In the meantime, experiences point out that the Popcat value is buying and selling above its highest quantity nodes. This implies there’s vital buying and selling exercise occurring at value ranges above the place a big quantity of trades has traditionally taken place.
It factors to sturdy assist and resistance ranges out there. Merchants and analysts typically take note of these quantity nodes as they’ll present insights into potential areas of value motion. This might both be areas of accumulation or distribution.
$POPCAT is buying and selling above its highest quantity nodes now and it seems like Bybit has begun shorting it.
Appears to be like spicy. pic.twitter.com/goBub5oub6
— Byzantine Common (@ByzGeneral) April 22, 2024
It’s even by reported that Bybit change is shorting the Popcat value. Elsewhere, some speculate a rotation of capital into sturdy cat-themed tokens.
I feel the Memecoin sizzling ball of cash is about to stream
⤵️OUT OF:
– Canines
– Weak Cats
– Different Animals
– Random Nonsense⤴️AND INTO:
– Sturdy CatsWe is likely to be on the precipice of a full blown Cat Szn
My private guess is $POPCAT because the outperformer
Let’s examine what we get
9⃣— Murad (@MustStopMurad) April 22, 2024
In the meantime, POPCAT is trending on CoinMarketCap, alongside cash together with Jito (JTO) and Dogwifhat (WIF).
🔥 Trending on CMC Neighborhood$WZRD has been showing on trending lists, whereas $HEX, $WIF, $JTO & $POPCAT stirred up all the new crypto conversations.
👉 Present your bias by way of: https://t.co/vHI1wrzF17 pic.twitter.com/UANyIt1yS5
— CoinMarketCap (@CoinMarketCap) April 22, 2024
Popcat Value Outlook
The Popcat value is buying and selling with a bullish bias, recording larger highs which have seen it maintain effectively above the midline of the market vary. With the altcoin buying and selling above the 50% Fibonacci placeholder of $0.2577, the market is leaning in favor of the upside.
Discover that POPCAT is sitting on quick assist as a result of most vital Fibonacci retracement degree, 61.8% at $0.2978.
The climbing Relative Energy Index (RSI) reveals rising momentum after executing a purchase sign when it crossed above the yellow band of its sign line. The identical is seen on the Transferring Common Convergence Divergence (MACD) as it’s rising after crossing above the sign band.
Discover that the MACD has additionally flipped constructive, with a daring inexperienced histogram bar to indicate a bullish pattern that’s gaining power.
Furthermore, the Superior Oscillator (AO) indicator can also be displaying inexperienced histograms which can be shifting towards constructive territory. This accentuates the bullish thesis, growing the chances for an additional upside.
Elevated shopping for strain above present ranges might see the Popcat value prolong to nick the 78.6% Fibonacci retracement degree of $0.3550. In a extremely bullish case, the features might extrapolate to the height of the vary at $0.4283.
TradingView: POPCAT/USDT 1-day chart
On the flip facet, if merchants start to guide income, the Solana-based meme cash might topple. A candlestick shut beneath the 50% Fibonacci placeholder of $0.2577 would invalidate the bullish thesis.
In the meantime, forward-looking buyers are already rotating their features into extra promising altcoins on Solana. One of many major contenders is SMOG, which is unleashing a large airdrop.
Promising Different To Popcat
Smog is a Solana-based meme coin with a flaming dragon theme. It fought for and earned its house on Solana, gaining vital traction and a spotlight regardless of fierce competitors from its sector friends.
Inside a month, the group quickly adopted the token, resulting in a considerable improve in its worth. This has earned it a spot among the many greatest 5 meme cash to purchase now with 10X potential, in accordance with crypto analyst Jacob Bury.
Smog’s preliminary launch on the Solana blockchain was adopted by a strategic enlargement to the Ethereum community, thus broadening its attain.
Its airdrops, promised to be ”the best in historical past, incentivize customers by rewarding them with SMOG tokens for buying and holding the token, in addition to for participating in designated social media actions.
The venture has allotted 35% of the full token provide of 1.4 billion for airdrops. The primary a part of the airdrop ended on April 3 and featured about $1 million in giveaways.
Smog’s Season 1 airdrop distribution started on Friday, April 19 and was accomplished by mid-afternoon on Saturday, April 20. The workforce airdropped two weeks’ price of tokens throughout the first distribution, with six extra payouts set to be accomplished over the subsequent six weeks.
Members in season 2 of the airdrop have already accomplished greater than 3 million quests.
Buyers also can stake their Smog tokens for annual returns of 42%. To date, over 28.449 million SMOG tokens have been staked.
After its current itemizing on MEXC, the developer has indicated that one other top-tier change itemizing is within the works. That will possible give the token one other increase, so, if you’re , purchase now earlier than the itemizing.
Go to and purchase Smog right here.
Additionally Learn:
Smog (SMOG) – Meme Coin With Rewards
- Airdrop Season One Dwell Now
- Earn XP To Qualify For A Share Of $1 Million
- Featured On Cointelegraph
- Staking Rewards – 42% APY
- 10% OTC Low cost – smogtoken.com
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