Release: 2024/10/01 22:44 Reading: 493
Popcat Price Surges, Market Cap Tops $1 Billion
The Popcat price has experienced a significant surge, rising over 11% to $1.05 as of 7:12 a.m. EST. This surge has lifted the crypto's market capitalization to over $1 billion.
Popcat Price Breaks Resistance
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The Popcat price has broken above a short-term resistance level and is currently attempting to establish support at $1.0861. If successful, this could pave the way for a further climb towards $1.1897 in the next 24 hours.
Technical Indicators Point to Bullish Momentum
Technical indicators on Popcat's 4-hour chart suggest continued upward momentum. The Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD) indicate that buyers are in control.
Pepe Unchained Presale Nears Completion
Meanwhile, the presale for layer-2 meme coin Pepe Unchained (PEPU) is nearing $17 million raised. Pepe Unchained aims to alleviate the computational burden that meme coins place on major blockchains.
Meme Coins to Undergo Upgrade
Pepe Unchained will initially focus on the PEPE token, enabling it to enjoy faster transaction speeds and lower costs. It will subsequently extend its computational capacity to other meme coins, ushering them into a new era of scalability.
Developer Grant Initiative Launched
The Pepe Unchained team has launched a developer grant initiative, which is likely to lead to decentralized applications being built on the network. This could bring utility to the meme coin sector.
Crypto Whale Invests
A "whale" recently invested $51,000 worth of ETH in PEPU, signaling investor confidence in the project. Analysts predict a bullish future for the meme coin.
Purchase PEPU Now
PEPU is still available for purchase during the ongoing presale. Investors can buy the token using ETH, USDT, BNB, or bank cards. Staking is also available, offering an impressive 128% Annual Percentage Yield.
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