Memecoin

Bitcoin

POPCAT

Swing

<p>Bitcoin no longer impresses as much with its dizzying rises, nor does it really surprise with its sudden drops, but it remains a solid player. However, it is on the side of memecoins that the surprise is total: their spectacular movements captivate investors. And while BTC stabilizes below $64,000, cryptos like POPCAT are exploding, fueling the thesis of a memecoin supercycle. Let’s get to the heart of the matter: could this growing divergence really signal a turning point for the entire crypto market?</p> 
<h2 id="h-bitcoin-et-la-volatilite-imprevisible">Bitcoin and Unpredictable Volatility</h2> 
<p><a href="https://www.cointribune.com/bitcoin-btc-decouvrez-tout-de-la-reine-des-cryptos/" target="_blank" rel="noreferrer noopener">All about bitcoin</a>: despite its status as digital gold, it continues to intrigue with <strong>its unpredictable reactions to macroeconomic pressures</strong>. This week, after <strong>flirting with $64,000</strong>, it experienced <a href="https://x.com/ali_charts/status/1843210878600269919" target="_blank" rel="noreferrer noopener">a slight drop below $63,000</a>, proof of its sensitivity to the derivatives markets. </p>
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     <p lang="en" dir="ltr">Leverage usage across <a href="https://twitter.com/hashtag/crypto?src=hash&amp;ref_src=twsrc%5Etfw">#crypto</a> exchanges is soaring to new yearly highs. <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f4ca.png" alt="📊" class="wp-smiley" style="height: 1em; max-height: 1em;"> This signals a surge in high-risk bets as more investors dive into leveraged trades! <a href="https://t.co/Pq8tpmKeQD">pic.twitter.com/Pq8tpmKeQD</a></p>— Ali (@ali_charts) <a href="https://twitter.com/ali_charts/status/1843210878600269919?ref_src=twsrc%5Etfw">October 7, 2024</a>
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<p>But what intrigues is <strong>the striking contrast with memecoins.</strong> While Bitcoin suffers from the throes of economic volatility, these whimsical cryptos seem to completely ignore the traditional storms.</p> 
<ul> 
 <li>BTC reaches $64,000 on Monday;</li> 
 <li>POPCAT jumps 50% in one week;</li> 
 <li>POPCAT’s transaction volume up 130%.</li> 
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<p><strong>The stability of memecoins during BTC’s sharp corrections is intriguing</strong>. POPCAT, for example, maintained its rise over five consecutive days, even when Bitcoin was plummeting. </p>  
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  <script type="text/javascript" src="https://s3.tradingview.com/external-embedding/embed-widget-mini-symbol-overview.js" async>{"symbol":"BINANCE:BTCUSD","width":350,"height":220,"isTransparent":false,"autosize":false,"dateRange":"12M","trendLineColor":"rgba(253,64,19,1)","underLineColor":"rgba(253,64,19,0.6)","underLineBottomColor":"rgba(253,64,19,0)","locale":"en","largeChartUrl":false,"colorTheme":"dark"}</script> 
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<p>While Bitcoin tries to withstand the pressures, memecoins are skyrocketing. </p> 
<h2 id="h-les-memecoins-en-pleine-effervescence">Memecoins in Full Swing</h2> 
<p>Meme cryptos, <strong>once relegated to speculative jokes</strong>, are proving their ability to shake up the market. POPCAT, with <strong>a 50% increase in one week</strong>, seems to be leading the way. </p> 
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   POPCAT spot inflows and outflows – Source: Coinglass
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<p>The <strong>trading volume</strong> of this crypto has jumped to <strong>$188 million in 24 hours</strong>, reinforcing the belief that a supercycle could be on the horizon. Tokens like SPX6900 are not lagging behind, with a phenomenal 200% increase in seven days.</p> 
<p>This phenomenon is supported by <strong>strong accumulation of memecoin holders</strong>. The number of POPCATs withdrawn from wallets exploded, <strong>rising from 1.73 million to 5.33 million in one day</strong>. This buying frenzy demonstrates increased investor confidence, attracted by the controlled volatility of these assets in contrast to a Bitcoin buffeted by economic winds.</p> 
<p>Thus, if meme cryptos continue to grow so spectacularly, systemic effects may well appear. An analyst had predicted as early as August that <a href="https://www.cointribune.com/en/crypto-memecoins-delay-altseason-heres-how/" target="_blank" rel="noreferrer noopener">the explosion of memecoins could delay the altseason</a>.</p>

Bitcoin Overtaken By POPCAT: A Memecoin Supercycle In Sight?

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