Solana-based Popcat meme coin sees 305% increase in 30 days

The price of Popcat, a meme coin based on the Solana blockchain, has increased by over 305% in the last 30 days and 63% in the last week.

Popcat (POPCAT) attributes its ever-increasing value to a combination of strategic partnerships, technical analysis, social media campaigns, DeFi integration, and advanced security measures.

Cryptocurrency influencers also supported this cat-themed meme coin, leading to its listing on ByBit and Crypto.com and increased visibility.

Popcat Technical Analysis

Technical analysis is bullish for Popcat, with key indicators suggesting a continued rise in price. Current resistance is observed at around $0.98, while support is set at $0.60.

These levels have the potential for a breakout or reversal.

Ranked 86th among the top cryptocurrencies, Popcat has seen solid trading volume with over $71 million traded in the last 24 hours. Its price reached an all-time high of $0.98 today. A continued increase in volume could signal continued bullish activity.

Further analysis suggests that Popcat could experience price fluctuations between $0.60 and $1 in the coming weeks.

According to Coingecko’s latest data, Popcat is trading at $0.95, with a price increase of 6% in the last 24 hours and a market value of over $936 million.

Since its founding in January, Popcat has grown by 25,074%.