POPCAT, a prominent Solana meme coin, has seen remarkable growth, surging 65% over the past week and eclipsing other established Solana meme coins.
It has broken through the significant $800 million market cap barrier, reaching a new all-time high price of $0.82. This surge is supported by data from Step Finance.
Key achievements:
Moreover, POPCAT achieved a significant cultural milestone by overtaking its Ethereum-based rival MOG, becoming the largest cat-themed meme coin in the crypto industry. This marks a significant shift in the meme coin landscape, positioning POPCAT as a leader in its category.
The live Popcat (SOL) price today stands at $0.79, witnessing a trading volume of $124.7 million over the past 24 hours. Currently, Popcat (SOL) has seen a decline of around 8.50% in the last day.
The cryptocurrency holds the #205 spot on CoinMarketCap, with a market capitalization of approximately $769.8 million and a circulating supply of 979.97 million POPCAT coins.
Chart Analysis and Key Levels:
The 4-hour chart reveals critical price levels for Popcat (SOL). The pivot point, indicated by the green line, is currently at the $0.75 mark. Below this pivot, immediate support can be found at $0.70, with further cushions at $0.65 and $0.62, if the downtrend persists.
On the upside, resistance levels are situated at $0.80, $0.85, and $0.90.
Popcat (SOL) has recently completed a 38.2% Fibonacci retracement at around the $0.75 level. Closing above this level could potentially catalyze a buying trend.
Conversely, if the price falls below this key level, it might trigger a bearish movement.
Investors should monitor these technical indicators and key price levels closely to make informed decisions in this volatile market.
Wiener AI (WAI),
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