Popcat (POPCAT) has got everyone talking in the past few days.
The Solana-based cat coin just made another 10% jump – and investors are wondering if it’s got more room to climb to a new all-time high.
POPCAT Gains Momentum as Trading Volumes & Open Interest Tick Up
POPCAT has been the standout meme coin this week so far.
Launched on Solana in December 2022, this coin has never fully broken into the mainstream consciousness like PEPE and WIF.
However, POPCAT has been seeing an uptick in interest lately.
The coin’s current price is $1.04, marking a solid 10% gain in the past 24 hours.
That move pushed POPCAT’s market cap past the $1 billion mark – grabbing the attention of retail investors.
And spot volumes have climbed 18% to almost $150 million since yesterday.
That means POPCAT has now flipped BOME and DOGS in the volume rankings.
All of this bullishness has taken place despite POPCAT having no use case.
It’s another example of how quickly meme coins can go viral online.
Is POPCAT Ready for Another Breakout?
So, where is POPCAT headed next?
Its recent performance has traders feeling pretty optimistic.
Just last Thursday, the coin hit an all-time high of $1.08.
After dipping over the weekend, POPCAT is back in action – and sitting just 3% below that high.
A quick look at the charts shows that POPCAT is moving in an ascending channel, with clear higher highs and higher lows on the 4-hour timeframe.
It’s also holding strong above its 200-day EMA, which is usually a good sign for the bulls.
And the best part is the RSI isn’t even in the overbought zone yet.
That suggests there could be more room to run for this coin.
With all that in mind, hitting a new all-time high seems like just a matter of time.
Some traders are eyeing $1.25 as the next big target based on the current trends – which would be another 19% gain from where POPCAT is now.
Of course, with meme coins, things can change quickly.
But for now, it looks like POPCAT has the momentum needed to post a new record price in the days ahead.
Pepe Unchained Emerges as Next Meme Coin Contender with $16.7M Presale Raise
Alongside Popcat, another meme coin might be preparing to rally: Pepe Unchained (PEPU).
This coin has been turning heads in the crypto community.
Just like POPCAT, Pepe Unchained is capitalizing on the activity in the meme coin market.
But it’s not just about the hype.
This project aims to bring some real utility into the mix, making PEPU more than just another useless token.
The team is building a Layer-2 scaling solution for Ethereum that’s specifically for meme coins.
That means faster (and cheaper) trades.
Unsurprisingly, traders are excited about this prospect, given that Ethereum can sometimes become congested and difficult to use.
Pepe Unchained’s presale has been a hit, raising over $16.7 million.
Investors can buy PEPU tokens for just $0.0099 each during the presale.
That price will rise as the presale progresses, so earlier investors will get a lower entry point.
The excitement surrounding Pepe Unchained is similar to that surrounding POPCAT, yet this time, it’s about both the memes and the tech.
POPCAT’s value is mostly about its viral charm, whereas Pepe Unchained aims to deliver real blockchain innovation.
It’s a bit riskier, but it could prove lucrative if the team can pull it off.
For that reason, investors are keeping an eye on Pepe Unchained as it prepares for its official launch.
