We referred to as Popcat crypto at $0.2 and it has climbed over $1 with Popcat worth now nearing $2. However is the King of Cat Cash? Or are there higher cat crypto?
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With crypto, and particularly Solana, seeing loads of AI cash launch prior to now weeks, it’s exceptional how effectively Popcat held up. In reality, it made new all-time highs virtually day by day.
Influencers see Popcat going even greater. How excessive can it go?
$POPCAT boutta lead the remainder of the lovable cat memes to Valhalla
inshallah pic.twitter.com/Y7BnLVOANe
— shah (@shahh) October 31, 2024
Shiba Inu and Doge are at $10B and $23B, respectively. Popcat at $2 or $10 isn’t that far-fetched sooner or later and would solely put it at $2B or $10B market cap, with each Doge and Shiba Inu being canine cash.
There ought to positively be room for a cat coin to rise up there with them, and as everybody ought to know by now, Popcat has probably the most superb neighborhood and one of many greatest with a number of influencers vocally supporting them since $10-20M market cap.
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Worth Evaluation: Can it break $2 subsequent week? It appears attainable if Bitcoin behaves!
From the chart, Popcat
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Worth
Buying and selling quantity in 24h
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Final 7d worth motion
has been insanely sturdy in comparison with the remainder of the alt market. Individuals are inclined to overlook it went as little as $0.2 in August when crypto nuked that someday, so for such an enormous coin to virtually be x10 in such a brief period of time is actually insane energy!
As we will see from the Relative Power Index on the backside of the chart, it’s not overextended. It’s stress-free round that 50-60 space, thought of wholesome, and there’s room for a leg up.
We will additionally see that traditionally, every time Popcat goes on a retrace, that blue line(100 shifting common) acts as a magnet for worth. So, if you wish to get an entry, you might be extremely inspired to have endurance and look ahead to the value to the touch 100 MA.
Proper now, endurance and ready for an additional leg greater or a contact of D100 MA are the correct issues to do. Overtrading such sturdy cash as Popcat will not be the way you get wealthy.
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Disclaimer: Crypto is a high-risk asset class. This text is supplied for informational functions and doesn’t represent funding recommendation. You can lose all your capital.
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