Although Pepe's price has dropped by around 16% over the past 30 days, it is still up +388.41% since the beginning of the year.
It is a Solana-based memecoin.
After its launch during the memecoin boom, it quickly gained momentum and the price skyrocketed by over 1100% in a short time.
Currently, the price discount of this memecoin has reached 78.18%, indicating that it may have the potential to outperform major tokens in the future.
POPCAT
As the best performing memecoin this year, POPCAT has brought an annual return of up to +6,917.28% to long-term investors.
However, it is worth noting that it is currently down 43.84% from its all-time high price.
THIS MAKES POPCAT BASED ON $SOL AN IMPORTANT PICK ON THIS LIST.
On the POPCAT price chart, the simple moving average (SMA) is showing an uptrend.
The MACD indicator continues to decline in the red histogram and may have a positive crossover, indicating that the outlook for this memecoin looks good in the coming period.
If POPCAT can stay above the support level of $0.50, the price may rise to the resistance level of $0.8220 in the coming weeks.
Conversely, if the short position regains momentum, POPCAT may retest the $0.50 support level.
