Popcat price surges 10% as cat-themed meme coin surges 21%

Popcat price is up 10% in the last 24 hours to trade at $0.6112 As of 4:15 a.m. ET, trading volume was up 2% to $132.9 million.

Solana’s POPCAT is the eighth largest meme coin by market cap right now, and one of the rare few coins trading in the green on the 24-hour chart.

Perhaps the reason for its boom is the fact that August 8 is International Cat Day, with the cat-themed meme coin sector pumping 21%, according to CoinGecko.

Popcat Price Predictions

While POPCAT has seen a significant price surge over the past 24 hours, it appears that the token is beginning to fall under the influence of the market once again. The token’s chart shows the beginning of a strong correction, and while the support at $0.60 has prevented it from falling twice in the past six hours, this time may be different.

The technical indicators of the project suggest that a strong bearish influence is driving the price of POPCAT, as its Bollinger Bands have previously seen a sharp narrowing. While the bands are now widening, which would normally be a bullish sign, this is only happening because the price is pushing the lower band further down, which is actually a bearish signal.

The situation looks similar when it comes to the project’s RSI value, which has dropped to 33.58, approaching the oversold zone. The RSI has been volatile strongly in the past 24 hours, indicating that traders were buying the dip and then taking profits when the price saw a slight recovery.

This time around, however, the RSI appears to be heading lower and may be deepening into oversold territory, as selling pressure builds. Of course, this could be seen as an opportunity for those looking to buy on the dip, although it is probably best to wait for the coin to bottom out before making any moves.

A promising alternative to Popcat

While the price of Popcat remains uncertain due to the increased volatility currently dominating the market, there are alternative cryptocurrencies to buy now that are immune to said volatility.

One of the best examples of this is Baby Unrestricted (PEPU)one of the most successful pre-sales of the year.

Being in a presale phase, PEPU is immune to volatility, and the only changes in its price come from scheduled increases, as the presale moves from one phase to the next.

The project represents the latest Pepe coin. But while it may be inspired by the same meme as other Pepe tokens, it immediately stands out from the crowd due to the fact that it is the first Pepe token to have its own blockchain.

Look at baby chain breaker! 🐸⛓️ pic.twitter.com/HZ61lgQ1A0

— Pepe Unchained (@pepe_unchained) August 6, 2024

Pepe Unchained has developed its own layer 2 blockchain on the Ethereum network, allowing it to become “unchained” from Ethereum’s limitations.

Despite all the work the ETH project has seen in the past decade, the project’s network is still considered slow, with expensive fees, and a continued lack of scalability.

On the other hand, PEPU used L2 technology to give itself capabilities that Ethereum lacks, and as such, it is officially more capable than the original Pepe, as well as any other Pepe clone.

This has caught the attention of crypto experts who predict that the project has at least 10x potential. One example is Jacob Crypto Bury, a crypto YouTuber with over 41k subscribers who sees it as the best alternative to PEPE at the moment.

But he is not the only one who realizes the potential of PEPU, which can be seen from the status of the ICO after the funds raised exceeded $7.67 million.

You can also join, as the project is selling its token for just $0.0089461. You can buy it using ETH, USDT, BNB, or credit/debit cards. Those who want to join should do so soon before the price spikes in just over a day.

Visit the official website of PEPU.

Related articles:

PlayDoge (PLAY) – Latest ICO on BNB Chain

• 2D virtual pet
• Play to earn Meme Coin Fusion
• Betting Bonuses and In-Game Tokens
• SolidProof Audited – playdoge.io