CandleFocus

Popcat hits all-time high flipping Bonk and Floki

Popcat (POPCAT), a meme coin, has experienced a significant surge in its price and market cap. It has surpassed popular meme coins like Bonk (BONK) and Floki (FLOKI). The price of POPCAT has risen by 17.8% in the past day and by 80.3% over the last 30 days. Its market cap now stands at $1.61 billion, compared to $457 million in September. This surge in price is accompanied by an increase in futures open interest, which has reached an all-time high of $274.8 million. Additionally, there has been an accumulation of POPCAT by whale wallets, and meme coin outflows from centralized exchanges. Technical indicators suggest a bullish trend for POPCAT, and analysts predict further price growth, with potential resistance levels at $0.2768, $0.7416, and $1.4926.

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