Deep Dive
1. Pre-Market Trading Launch (Bullish Impact)
Overview: MEXC opened pre-market trading for POP on September 8, 2025, allowing users to trade the token before its official exchange listing. This OTC service typically creates artificial scarcity, as only a fraction of the 10B total supply (1.44B circulating) is initially accessible.
What this means: Limited early access often fuels FOMO-driven bids, particularly for low-cap assets like POP ($13.1M market cap). The 24h volume of $54.2M – 4.13x its market cap – suggests intense speculative activity. However, post-listing sell-offs are common once full supply becomes tradable.
What to look out for: Official listing date confirmation and whether pre-market settlement (scheduled for Sep 9) triggers profit-taking.
2. AI Narrative Alignment (Mixed Impact)
Overview: Zypher Network markets itself as a decentralized protocol for AI agent economies, tapping into a high-growth sector that comprised 37% of Q2 2025 crypto VC investments (Messari).
What this means: AI-linked tokens have outperformed the market by 19% YTD, but many lack working products. While POP’s AI alignment likely boosted retail interest, sustained gains depend on proving utility beyond conceptual branding.
3. Altcoin Liquidity Surge (Bullish Impact)
Overview: POP’s 24h turnover ratio of 4.13 far exceeds the crypto average (0.03 for BTC), indicating hyperactive trading. This coincided with a 45% monthly rise in the Altcoin Season Index to 64.
What this means: High turnover enables rapid price discovery but increases crash risks if volume dries up. The broader altcoin rotation (29.21% dominance, up from 27.44% last month) provided tailwinds, though POP’s 13% gain tripled the altcoin index’s 4.5% weekly rise.
Conclusion
POP’s rally stems from exchange mechanics amplifying speculative demand, sector hype, and favorable liquidity conditions. While short-term momentum favors bulls, the token faces a credibility test post-listing and must demonstrate AI utility beyond marketing.
Key watch: Can POP hold above $0.009 post-MEXC settlement, or will early buyers exit en masse?