Price: $0.19152 -4.0475%
Market Cap: 28.1B 1.1012%
Volume (24h): 3.88B 0.2%
Dominance: 1.1012%
Price: $0.19152 -4.0475%
Market Cap: 28.1B 1.1012%
Volume (24h): 3.88B 0.2%
Dominance: 1.1012% 1.1012%
  • Price: $0.19152 -4.0475%
  • Market Cap: 28.1B 1.1012%
  • Volume (24h): 3.88B 0.2%
  • Dominance: 1.1012% 1.1012%
  • Price: $0.19152 -4.0475%
Home > Information news > Popcat Price Prediction: POPCAT Pumps 12% As This Dogecoin Derivative Surges Towards $9 Million

Popcat Price Prediction: POPCAT Pumps 12% As This Dogecoin Derivative Surges Towards $9 Million

Release: 2024/04/20 20:28 Reading: 461

Original author：TheBitTimes

Original source：https://coinmarketcap.com/community/articles/6623af4b470a0400d41258cb

The Popcat price has surged 12% in the last 24 hours to trade at $0.1445 as of 7:05 p.m. EST on a 32% surge in trading volume to $24 million.

This surge may be attributed in part to a boost from POPCAT getting listed on the MEXC exchange on April 18.

Popcat Price Rebounds On A Double Bottom Support: Is Another Rally Gearing Up?

The Popcat price is bouncing back after a long period of decline. Bulls have found support around $0.1057, forming a double-bottom pattern that signals a bullish trend reversal and helps the bulls push the price upward.

POPCATUSDT Chart Analysis. Source: Dextools.io

The price is trading within a rising channel, adding to its upward momentum. This could help it recover some of the ground it lost. The bulls have pushed the price above the 50 and 21 simple moving averages (SMAs) on the 4-hour chart. But, increased momentum could boost the overall bullish sentiment, driving the price higher.

Moreover, the Relative Strength Index (RSI) shows a rebound from the 30 oversold region past the midline level of 50 to 61, indicating strong buying pressure for the Popcat price.

The Moving Average Convergence Divergence (MACD) is currently positioned above the signal line (shown in orange), and both are above the neutral level, further supporting the general bullish momentum. The histogram bars have also turned green above the neutral level, confirming the bullish momentum.

Popcat Price Targets Another Bull Rally Above The SMAs

The Popcat price bulls are gearing up for another bull rally above the SMAs, aiming to recover their losses. With support from the technical indicators, the bulls are targeting reclaiming the April 8 high at $0.3303. 

However, if the bears cut short this newfound rally, the price could retrace towards the support level of $0.1057, which coincides with the 50 SMA.

Dogeverse: The Next 100X Meme Coin?

As the Popcat price looks for balance above the double bottom pattern, many investors are shifting their focus to a multi-chain Dogecoin derivative presale for potentially explosive gains.

Dogeverse (DOGEVERSE) is a new meme coin that’s attracting massive attention from crypto investors due to its creative utilization of multiple blockchains and endearing mascot. It’s already raised more than $8.2 million in about 12 days.

Although Dogeverse is inspired by Dogecoin, it’s not officially connected to DOGE. Instead, Dogeverse wants to bring new uses and ideas to the meme coin space.

The story of Dogeverse revolves around Cosmo the Doge, who travels across multiple crypto chains, representing unity and creativity in the Doge community.

One of its unique traits is being the ‘world’s first multichain meme token’. The project plans to be compatible with six major blockchains: Ethereum, BNB Chain, Polygon, Solana, Avalanche, and Base.

Investors can buy Dogeverse tokens through the project’s website using Ethereum, BNB, Polygon, Avalanche and Base, with the option of Solana coming soon.

Investors can also earn passive income by staking their acquired tokens, earning rewards of over 133% per annum. 

Get Dogeverse Now Before A Price Increase

Each $DOGEVERSE token costs $0.000299. Buying now is the best option as the price will increase in less than 36 hours.

You can buy DOGEVERSE on the official website here using Ethereum, USDT, BNB, MATIC, AVAX or a credit card.

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Source: https://thebittimes.com/popcat-price-prediction-popcat-pumps-12-as-this-dogecoin-derivative-surges-towards-9-million-tbt85869.html

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