*Solana’s POPCAT Poised for Mega Breakout, On-Chain Metrics Hint at Buy Opportunity*
POPCAT’s Long/Short ratio
currently stands at 0.1035, indicating bullish market sentiment among traders.
POPCAT future open interest has increased by 30% in the last 24 hours, and 6.8% in the last four hours.
*POPCAT Price Momentum*
At press time, the meme coin is trading near $0.963 and has experienced a price surge of over 16% in the past 24 hours.
During the same period, investor and trader participation has skyrocketed.
According to CoinMarketCap data, POPCAT’s trading volume has increased by 130% in the last 24 hours.
There is a high possibility that POPCAT could soar significantly and also make a new high.
This time the sentiment has completely changed, and based on the recent performance there is a high possibility that the POPCAT price could soar significantly and also make a new high.
Popcat (POPCAT), the popular Solana-based meme coin is poised for a significant upside rally as its on-chain metrics flash bullish signals near the breakout level.
Over the past few days, POPCAT has been making a wave in the cryptocurrency landscape following a substantial price surge of over 40%.
