The Popcat price surged 25% in the last 24 hours to trade at $0.4734 as of 6:05 p.m. EST on trading volume that soared 43% to $123 million.
POPCAT is also the top weekly gainer among the largest 100 cryptos by market capitalization, with a 185% surge, according to Cryptobubbles.net.
Popcat Price Rebounds On Support: Is Another Rally Gearing Up?
After dropping from the $0.4420 resistance level, the Popcat price is rebounding. Bulls have found support around $0.3240, which has helped push the price back toward the $0.5480 resistance zone.
POPCATUSDT Chart Analysis. Tradingview.com
Despite a minor setback, the Bulls are resilient enough in pushing the price back up to the $0.5480 mark, showing signs of ongoing upward movement.
The daily technical indicators paint a bullish picture for POPCAT. The price currently trades above the 50-day and 200-day simple moving average, suggesting a potential upward trajectory and reinforcing positive market sentiment.
The MACD line is above the signal line, and a green histogram indicates growing investor interest.
Moreover, the Relative Strength Index (RSI) shows a rebound from the midline level of 50 to 61, indicating strong buying pressure for the Popcat price.
Popcat Price Could Reach $1 Soon
If the current upward trend continues, POPCAT could soon reach the resistance level of $0.5480. This sustained increase in its price suggests it might hit the important milestone of $1, marking a significant recovery in its market value.
Conversely, if POPCAT struggles to surpass this crucial resistance, it might face a downturn. In such a scenario, the $0.32 mark would become a crucial support level.
Mega Dice: The Next Big Crypto Casino?
Popcat traders continue to add more positions to ride its current momentum, but those seeking an alternative with similar profit potential might consider as a contender Mega Dice (DICE).
Combining gaming with crypto, the project aims to dominate the GameFi space on Solana and offer an unparalleled casino token experience.
DICE is the powering token for the Mega Dice ecosystem, an established online crypto-gambling platform that is introducing its own digital currency.
Mega Dice has a substantial following, with over 50,000 users signed up and more than 10,000 players engaging monthly. The casino consistently sees monthly bets surpassing $50 million, offering access to over 4,000 casino games and more than 50 options for sports and eSports betting.
The platform is gearing up to introduce a lucrative $2.25 million airdrop spread across three seasons, with each season offering rewards totalling $750,000.
To be eligible, bet $5000 or more from April 12 to May 3. Depending on your wager, you could receive up to $37,500 in the airdrop.
Investors holding DICE tokens can also enjoy other benefits, including bonus tokens for early entrants, exclusive NFTs, and daily rewards tied to the casino’s success.
$DICE has raised over $500,000 in presale so far! 🔥
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— Mega Dice Casino (@megadice) April 25, 2024
DICE has already raised over $560,000 in its presale. If you are interested to participate, visit the official DICE website and buy tokens here using SOL, ETH, or BNB.
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Source: https://thebittimes.com/is-it-too-late-to-buy-popcat-the-popcat-price-soars-185-to-become-the-top-weekly-gainer-and-this-might-be-the-next-crypto-to-explode-tbt86731.html