In 2024, a blockchain-based meme coin Solana PopCat (POPCAT) has surged 10843%, surpassing BONK to become the 51st cryptocurrency by market cap. Now token -meme is trading at $1,78.
POPCAT meme token rate
According to cryptocurrency analyst known by the nickname Murad, POPCAT has every chance to grow to the level of $5 before the end of 2023. He believes that the potential catalyst for bullish sentiment will be the presidential elections in the United States, which will take place on November 5. They will push token -meme to the coveted level.
The analyst's forecast is based on steady accumulation of POPCAT, which he says provides a solid foundation for growth. Despite market volatility, " token - the meme maintains its trend, demonstrating stability."
Another analyst is also confident that POPCAT is finally entering a “true price discovery” phase, where the asset will begin to show rapid growth and become an even more attractive investment for investors and traders.
The US presidential election will be a major milestone for the cryptocurrency market. Many investors are linking the outcome of the election to the fate of digital assets. Some are predicting a rally if Donald Trump, who has recently become a true supporter of cryptocurrencies, wins.
