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HomeCrypto GamingPopcat (POPCAT) outperforms market, positive factors 5% forward of Kraken trade

Popcat (POPCAT) outperforms market, positive factors 5% forward of Kraken trade

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  • Kraken has confirmed that it’ll record POPCAT on September twelfth.
  • POPCAT is up over 5% to commerce at $0.6559.
  • POPCAT is predicted to commerce at $0.90 by the top of 2024.

Popcat (POPCAT), the highest meme coin on the Solana blockchain, is up greater than 5% up to now 24 hours, even because the broader crypto market struggles. The leap comes after main crypto trade Kraken introduced that it’ll record POPCAT for spot buying and selling on September 19 at 15:00 UTC.

Kraken confirmed the itemizing in a September 12 submit on X (previously Twitter), highlighting POPCAT's unimaginable 3940.84% ​​development because the begin of September. On the time of writing, the coin is buying and selling at $0.6559, up 5.3% within the final 24 hours.

Additionally Learn: Solana Each day Transaction Charges Hit Multi-Month Low As Hype Coin Meme Disappears

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POPCAT at present holds the third spot amongst Solana meme cash and boasts a market cap of $641 million on CoinMarketCap. It additionally ranks 91st total within the crypto market by valuation.

Bullish momentum is constructing as merchants anticipate the quote

Merchants anticipating a leap in worth after the IPO have flocked to POPCAT, sparking bullish sentiment. Coin is up 21.19% over the previous week and 15.45% over the previous 30 days. Nevertheless, it’s nonetheless buying and selling 34.24% beneath its July 2024 all-time excessive of $0.9976.

The TradingView chart reveals the POPCAT Relative Energy Index (RSI) at 55.79, confirming that the bulls have the higher hand. An upward slope signifies additional short-term positive factors.

Analysts predict that POPCAT may attain $0.90 in 2024 as its recognition and neighborhood develop. By 2030, with the evolving blockchain expertise, it might attain a peak of $5. If meme cash and cryptocurrencies actually turn into mainstream, POPCAT may even attain $59.55 by 2040.

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Disclaimer: The data offered on this article is for informational and academic functions solely. This text doesn’t represent monetary recommendation or recommendation of any sort. Coin Version shall not be chargeable for any losses incurred because of using stated content material, services or products. Readers are suggested to train warning earlier than taking any motion associated to the Firm.

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