Popcat Price Surges on International Cat Day
Popcat has experienced a remarkable 10% surge in its price within the past 24 hours, reaching $0.6112. This growth has been accompanied by a 2% increase in trading volume, now standing at $132.9 million.
Popcat, Solana's meme coin, ranks eighth in terms of market capitalization. Notably, it's one of the few coins to exhibit gains on the 24-hour chart.
Coinciding with the price increase, August 8 marks International Cat Day. The cat-themed meme coin sector overall has seen a 21% surge, according to CoinGecko.
Popcat Price Prediction
Despite Popcat's recent rise, technical indicators suggest a bearish influence. The token's Bollinger bands indicate a potential correction, with the lower band acting as a support level. While the RSI value (33.58) approaches the oversold zone, its downward trend suggests a potential dip into oversold territory.
Alternative Cryptocurrencies
While Popcat's price remains uncertain, other cryptocurrencies offer stability amid market volatility, such as Pepe Unchained (PEPU).
Currently in its presale stage, PEPU is unaffected by market volatility and exhibits scheduled price increases as it progresses through its presale stages.
Pepe Unchained has developed its own Layer-2 blockchain, enabling it to overcome Ethereum's limitations, including slow processing times, high fees, and scalability issues. This unique feature has attracted crypto experts, predicting significant potential for the project.
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