Popcat (SOL)

Date: Tue, Oct 22, 2024, 02:59 PM GMTIn today&#39;s cryptocurrency market, Bitcoin (BTC) is experiencing volatility at the $67K level, leading most major memecoins to drop. However, the Solana-based cat-themed memecoin leader, Popcat (POPCAT), is bucking the trend. Despite the bearish market pressure, POPCAT continues to shine with impressive gains of 11.0%.<img src="https://academy-public.coinmarketcap.com/optimized-uploads/71155c2d3a6d4d43a11b88bfb16de3e9.png" />Source: Coinmarketcap<h2 id="header-0">Breakout From Tight Range</h2>Today&#39;s rally was sparked when POPCAT broke free from a tight resistance zone between $1.39 and $1.43. This level had previously rejected the POPCAT three times, forcing it down to a support level of $1.22.<img src="https://academy-public.coinmarketcap.com/optimized-uploads/bd19b7a57fb340d081214ea200219035.png" />Source: TradingViewHowever, POPCAT has now successfully cleared this resistance, currently trading at around $1.45. If it can maintain this momentum, we might see a retest before aiming for the next resistance level of $1.56, which represents its all-time high (ATH). Should this bullish trend continue, a new ATH for POPCAT could be on the horizon in the coming days.<h2 id="header-1">Marketcap Growth</h2>The recent surge has propelled POPCAT to the 56th rank in market capitalization, with a market cap of $1.41 billion. This growth has allowed POPCAT to flip notable tokens like Jupiter (JUP) and Theta Network (THETA) in market cap rankings.<img src="https://academy-public.coinmarketcap.com/optimized-uploads/a4cbec0ca65b4c7da58b5cf0d602cee4.png" />Source: CoinmarketcapAs interest in <a href="https://coinsprobe.com/goatseus-maximus-goat-marks-significant-gains-following-whale-buying/" rel="noopener noreferrer nofollow">memecoins </a>rises among investors, the outlook for POPCAT remains positive. If the current trends hold, we might soon witness even more impressive performances from this popular token.Disclaimer: This article is for informational purposes only and not financial advice. Always conduct your own research before investing in cryptocurrencies.Also Read: <a href="https://coinsprobe.com/analyst-highlights-bullish-signs-for-chainlink-link-and-oasis-rose-is-a-rally-coming/" rel="noopener noreferrer nofollow">Analyst Highlights Bullish Signs for Chainlink (LINK) and Oasis (ROSE) – Is A Rally Coming?</a>

POPCAT Continues to Dominate With Double-Digit Gains: Is a New ATH Coming?

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