The meme token Popcat on the Solana blockchain has experienced a significant rally, making it the highest gainer among the top 100 crypto assets in the past day. Its price and market cap reached all-time highs, with its market cap currently at $970 million and daily trading volume around $107 million. Technical analysis suggests a potential upward move and traders have shown increased interest in the coin. Social sentiment is largely positive, with 70% of participants expecting further gains in the short term. The asset is currently above its 50-day exponential moving average, indicating upward momentum. While it is nearing overbought levels, there is still potential for further gains. If it can break through resistance levels, the next target could be $1.2.



Other News from Today