POPCAT Soars as Binance Launches New Perpetual Contracts
Release: 2024/08/23 16:14 Reading: 790
Whale Withdraws SOL to Acquire 10M POPCAT Tokens
A significant transaction involving 39,816 SOL (approximately $5.73 million) has been observed on Binance, indicating growing interest in the POPCAT token. The whale withdrew the SOL to acquire 10 million POPCAT tokens.
POPCAT Surges in Value and Trading Volume
POPCAT has witnessed a surge in price and trading activity. As of this writing, the token has increased 35.42% in the past 24 hours, reaching $0.6189. Trading volume has also surged by 211% to $175.53 million.
POPCAT Becomes Top Cat-Themed Token
POPCAT's strong performance has solidified its position as the leading cat-themed token, surpassing its competitor MEW in market capitalization. At the time of writing, POPCAT's market cap stands at over $600 million, while MEW's market cap is approximately $439.34 million.
POPCAT's Growth Amidst Altcoin Season
POPCAT's significant growth since the beginning of the year (over 3,700%) further highlights the token's resilience and the broader interest in meme coins during this "altcoin season."
Dogecoin Also Gains Momentum
Meanwhile, Dogecoin (DOGE), the leading meme coin, has also experienced a 32% increase in key metrics. An analyst has projected that DOGE could potentially rise fivefold and reach a support level of $0.6.
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