*POPCATUSDT* 👀👾
With a jump of over 30% in the past day, the Popcat SOL price has achieved a new all-time high. Moreover, the memecoin has soared 2,316% this year, making it one of the best performing Solana-based memecoin of this year.
The Moving Average Convergence Divergence (MACD) shows a significant rise in the green histogram with its averages showing a sharp uptrend. With its 50-day EMA supporting the price trend, the POPCAT price may continue gaining momentum in the coming time.
Maintaining the value above its support trendline of $1.9050, the Popcat (SOL) price may head toward a new high of $2.23 this month. On the flip side, a bearish reversal could pull the price toward its lower support level of $1.270.
The POPCAT/USDT trading pair has shown significant volatility recently, with POPCAT's price reaching as high as $1.99 and as low as $1.41 within the last 24 hours, marking a notable 27% increase in price. This surge in value suggests strong buying interest, potentially influenced by broader memecoin enthusiasm on the Solana blockchain, which has helped push POPCAT's market cap to $1.77 billion, positioning it among the top 100 cryptocurrencies by market cap.