Dogecoin

bullish

POPCAT

Coin

<p>The POPCAT price pumped 50% this week despite <a href="https://captainaltcoin.com/why-is-the-crypto-market-crashing-today-2/" target="_blank" rel="noopener noreferrer nofollow">a sluggish period for the crypto market</a>. This means that POPCAT’s market cap is now well above $1.3 billion.</p>
<p>Crypto veteran Andrew King weighed in on the situation around POPCAT, sharing his insights on the recent price action and market trends.</p>
<p>King’s analysis of the POPCAT/USDT pair on a daily timeframe reveals some interesting developments. At the time of his tweet, POPCAT was trading at $1.2438, marking a 7.07% increase for the day. This represented a significant bullish move from the previous day’s close of around $1.1617. Since then, POPCAT has continued its upward trajectory and is now trading around $1.39, further emphasizing the strong bullish sentiment.</p>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr">It seems as if <a href="https://twitter.com/MustStopMurad?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">@MustStopMurad</a>'s talk at Token2049 has catalyzed the next wave of capital reallocation into memecoins<br><br>Popcat seems to be one of the beneficiaries of these capital flows – now in price discovery<br><br>Setting up to join the 4 greats of this cycle – BONK, WIF, PEPE,… <a href="https://t.co/MLap3FwbZ9" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/MLap3FwbZ9</a></p>— Andrew Kang (@Rewkang) <a href="https://twitter.com/Rewkang/status/1842565172327809097?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">October 5, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
 </div>
</figure>
<p>The chart shows POPCAT in a strong uptrend since late September, with a series of higher highs and higher lows. The momentum has picked up noticeably in early October, suggesting increased buying pressure.</p>
<p>The previous high around $1.3000 appeared to be the immediate resistance for POPCAT, which has now been decisively broken. With the price currently around $1.39, POPCAT has entered new territory, confirming King’s prediction of “price discovery.”</p>
<p>On the support side, the area between $1.10 and $1.16 served as a previous consolidation zone, forming a key support level. The recent $1.30 resistance may now act as a new support level. Below that, the $1.00 mark will likely act as a psychological support, as round numbers often do in crypto markets.</p>
<div class="wp-block-rehub-colortitlebox rh-colortitlebox" style="text-align:left;border-radius:5px;box-shadow:0 10px 10px #00000007;background-color:#fafafa;color:">
 <div class="rh-colortitle-inbox" style="background-color:var(--rehub-main-color);color:#fbfbfb;border-radius:5px 5px 0 0"><i class="rhicon rhi-bolt-regular rh-colortitlebox-icon" style="color:"></i>
  <div class="rh-colortitle-inbox-label">
   Celebrate Dogecoin and Make Big Gains with Doge2014!
  </div>
 </div>
 <div class="rh-colortitlebox-text">
  <style scoped>.rh-toggler-open{height:auto !important}
.rh-toggler-open .rh-tgl-show, .rh-toggler-open .rh-tgl-grad{display:none !important}
.rh-toggler-open .rh-tgl-hide{display:block !important}
.rh-tgl-show, .rh-tgl-hide{cursor:pointer}
.rh-contenttoggler *{box-sizing: border-box !important}
.rh-toggler-wrapper{overflow: hidden;transition: all 0.5s ease; padding-bottom: 35px; margin-bottom:30px;box-sizing: content-box !important;position: relative;}
.rh-toggler-wrapper p:last-of-type {margin-bottom: 0;}</style>
  <div class="wp-block-rehub-contenttoggler rh-contenttoggler" data-height="100px">
   <div class="rh-toggler-wrapper" style="height:100px">
    <p><strong><a href="https://doge2014.io" target="_blank" rel="noopener noreferrer nofollow">Doge2014</a></strong> raises 500K in days celebrating Dogecoin. Make potentially big profits and get in on <strong><a href="https://doge2014.io/en/airdrop" target="_blank" rel="noopener noreferrer nofollow">exclusive airdrop</a></strong>!</p> <span class="rh-tgl-trigger" style="text-align:center;position:absolute;z-index:2;bottom:0;left:0;width:100%;color:"><span class="rh-tgl-show" style="display:block">Show more +</span><span class="rh-tgl-hide" style="display:none">Show less –</span></span><span class="rh-tgl-grad" style="background-image:linear-gradient(to bottom,rgba(255,255,255,0) 0,#ffffff 100%);display:block;position:absolute;height:100px;bottom:0;left:0;z-index:1;width:100%"></span>
   </div>
  </div>
 </div>
</div>
<p>The concept of price discovery is particularly important here. As POPCAT breaks above its historical highs, it enters uncharted territory. This makes it challenging to predict future movements without considering psychological levels like $1.50 or $2.00.</p>
<p>King’s tweet also sheds light on the potential catalysts behind POPCAT’s surge. He mentions that <a href="https://www.youtube.com/watch?v=6nqzwdGxTGc" target="_blank" rel="noopener noreferrer nofollow">Murad’s talk at Token2049</a> has sparked renewed interest in meme coins, potentially explaining the sudden influx of capital into POPCAT. The token is being compared to other popular <a class="wpil_keyword_link" href="https://captainaltcoin.com/meme-coins/" title="meme" data-wpil-keyword-link="linked" target="_blank" rel="noopener noreferrer nofollow">meme</a> coins like BONK, WIF, PEPE, and FLOKI, positioning it as a potential “next big thing” in the meme coin sector.</p>
<p><em><strong>Read also: <a href="https://captainaltcoin.com/this-dogecoin-chart-pattern-suggests-doge-price-could-hit-1-heres-why/" target="_blank" rel="noopener noreferrer nofollow">This Dogecoin Chart Pattern Suggests DOGE Price Could Hit $1 – Here’s Why</a></strong></em></p>
<p><em><strong>Follow us on <a href="https://x.com/CaptainAltcoin_" target="_blank" rel="noopener noreferrer nofollow">X (Twitter)</a>, <a href="https://coinmarketcap.com/community/profile/CaptainAltcoin/" target="_blank" rel="noopener noreferrer nofollow">CoinMarketCap </a>and <a href="https://www.binance.com/en/square/profile/captainaltcoin" target="_blank" rel="noopener noreferrer nofollow">Binance Square</a> for more daily crypto updates.<br>Get all our future calls by joining our <a href="https://t.me/captainaltcoincom" target="_blank" rel="noopener noreferrer nofollow">FREE Telegram group.</a></strong></em></p>
<div class="bigofferblock margincenter mb30 pt20 pl20 pr20 " style="">
 <div class="col_wrap_two mb0">
  <div class="offerbox_big_wrap flowhidden">
   <div class="image position-relative text-center col_item mobileblockdisplay img-maxh-350 img-width-auto"><a class="re_track_btn" href="https://captainaltcoin.com/go/etoro/" target="_blank" rel="noopener noreferrer nofollow"> <img decoding="async" class="lazyload" data-skip-lazy="" data-src="https://captainaltcoin.com/wp-content/uploads/thumbs_dir/etoro-ca-1-oyc386si1bdrmhrff7xex5ngu4zikfy3ei6bk0rbb6.png" width="500" alt="We recommend eToro" src="https://captainaltcoin.com/wp-content/themes/rehub-theme/images/default/blank.gif"> </a>
   </div>
   <div class="product-summary col_item mobileblockdisplay">
    <h3 class="product_title entry-title font150 lineheight25 mb30" id="a-class-re_track_btn-href-https-captainaltcoin-com-go-etoro-target-_blank-rel-noopener-noreferrer-nofollow-span-we-recommend-etoro-span-a"><a class="re_track_btn" href="https://captainaltcoin.com/go/etoro/" target="_blank" rel="noopener noreferrer nofollow"> <span>We recommend eToro</span> </a></h3>
    <div class="rev_disclaimer font70 greencolor lineheight15 mb20"><strong>Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. <a href="https://www.etoro.com/customer-service/terms-conditions/trading-restriction/" target="_blank" rel="noopener noreferrer nofollow">Take 2 mins to learn more</a></strong>
    </div>
    <div class="buttons_col mb25 rh_big_btn_inline">
     <div class="priced_block clearfix">
      <div><a class="re_track_btn btn_offer_block" href="https://captainaltcoin.com/go/etoro/" target="_blank" rel="noopener noreferrer nofollow"> Visit eToro Now </a>
      </div>
     </div>
    </div>
    <div class="bigofferdesc"><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Active user community and social features like news feeds, chats for specific coins available for trading. <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Wide range of assets: cryptocurrencies alongside other investment products such as stocks and ETFs. <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Copy trading: allows users to copy the trades of leading traders, for free. <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>User-friendly: eToro’s web-based platform and mobile app are user-friendly and easy to navigate.
    </div>
   </div>
  </div>
 </div>
</div>
<p>The post <a href="https://captainaltcoin.com/popcat-price-explodes-50-is-it-the-next-meme-coin-sensation/" rel="noopener noreferrer nofollow">POPCAT Price Explodes 50% – Is It the Next Meme Coin Sensation?</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

POPCAT Price Explodes 50% – Is It the Next Meme Coin Sensation?

Table of Contents

CaptainAltcoin

Other articles published on Oct 6, 2024

Crypto Expert Says It Would Be “Weird” For XRP to Not Hit $20

The U.S. economy is not doing as good as you might think

Anticipating Another Bitcoin Surge: Historical Patterns Predict a Bull Run

PEPEOCTO Will Rally 18,000% Ahead of Exchange Listing, While SHIB and BONK Struggle

Ethereum Price Prediction: New All-Time Highs Before 2025, ETH Whales Scoop Up Ethereum Ecosystem...

Taiwan’s FSC Unveils New AML Regulations for Virtual Asset Providers

Join our free newsletter for daily crypto updates!