Popcat Hits $1 Billion: The Next Meme Coin to Watch?
Popcat meme coin ($POPCAT) continues to surprise the market with an impressive 59% growth over the past two weeks. It has just crossed the symbolic $1 billion mark in market cap, a significant milestone for this trending crypto.
Over the past 24 hours, Popcat has gained another 3%, bringing its weekly gains to 17%. Currently, the token is trading at $1.04, providing solid gains for recent investors.
Popcat is now ranked as the seventh-largest meme coin by capitalization, surpassing several other coins to move from tenth to its current position. But what is behind this price surge? A real competition between meme coins!
While Popcat is making headlines, other coins are not far behind. Two tokens in particular have been notable performers: Solana-based MoneyWifHat ($WIF) has seen its price surge 30% to $2.22, while Mog Coin ($MOG) has surged 38.5% to $0.051498.
The meme coin market overall appears to be on the rise, even as the broader crypto market remains flat, with Bitcoin ($BTC) at 64,375,$ (+1.2% overnight).
Popcat is now at a three-month high, with its price surging above $1. While some technical signs, such as an RSI of 62 and trading above the 30-day moving average, point to a possible slowdown, #Popcat’s stability may well hold through next week.
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