[POPCAT price surges 20%, hits high: Is $5 the next target? 】
The POPCAT cryptocurrency has seen strong price gains over the past 24 hours, with a market capitalization of $1.2 billion, showing strong growth. According to CoinMarketCap data, POPCAT price increased by 113% in the past month, becoming the seventh largest meme coin, and reached an all-time high of $1.26 in one day, rising by 25.27%.
POPCAT's rise reflects increased investor interest and is on track to challenge the $2 target, which could eventually climb to $5, a 290% growth. Technical indicators show that POPCAT's RSI index reached 75, which is overbought, and trading volume and open interest have also increased significantly, indicating that the market continues to be bullish on it.
The Solana-based token is showing optimism in the market due to its strong trading activity, which could push the price higher.
