We called Popcat crypto at $0.2 and it has climbed over $1 with Popcat price now nearing $2. But is the King of Cat Coins? Or are there better cat crypto?
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With crypto, and especially Solana, seeing a lot of AI coins launch in the past weeks, it’s remarkable how well Popcat held up. In fact, it made new all-time highs almost daily.
Influencers see Popcat going even higher. How high can it go?
$POPCAT boutta lead the rest of the cute cat memes to Valhalla
inshallah pic.twitter.com/Y7BnLVOANe
— shah (@shahh) October 31, 2024
Shiba Inu and Doge are at $10B and $23B, respectively. Popcat at $2 or $10 isn’t that far-fetched in the future and would only put it at $2B or $10B market cap, with both Doge and Shiba Inu being dog coins.
There should definitely be room for a cat coin to get up there with them, and as everyone should know by now, Popcat has the most amazing community and one of the biggest with lots of influencers vocally supporting them since $10-20M market cap.
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Price Analysis: Can it break $2 next week? It looks possible if Bitcoin behaves!
(Popcat USDT)
From the chart, Popcat
Price Trading volume in 24h Last 7d price movement has been insanely strong compared to the rest of the alt market. People tend to forget it went as low as $0.2 in August when crypto nuked that one day, so for such a big coin to almost be x10 in such a short amount of time is truly insane strength!
As we can see from the Relative Strength Index at the bottom of the chart, it is not overextended. It’s relaxing around that 50-60 area, considered healthy, and there is room for a leg up.
We can also see that historically, whenever Popcat goes on a retrace, that blue line(100 moving average) acts as a magnet for price. So, if you want to get an entry, you are highly encouraged to have patience and wait for the price to touch 100 MA.
Right now, patience and waiting for another leg higher or a touch of D100 MA are the right things to do. Overtrading such strong coins as Popcat is not how you get rich.
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Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.
