Popcat’s Meteoric Rise: What’s Fueling the Surge?

Popcat, the meme coin that took the internet by storm, is making headlines again. This time, it’s not just for its quirky name or viral appeal. Popcat has surged in value, thanks to a major listing on Upbit and Binance Futures. 

But what’s driving this sudden pump? Is it just another meme coin hype, or is there more to the story? Let’s dive into the details and find out what’s really going on with Popcat.

Major Exchange Listings Boost Popcat

Popcat saw a significant price jump after Brett, another meme coin, got listed on Upbit and Binance Futures. This listing has sparked renewed interest in meme coins, suggesting that the meme season might be back. 

Popcat hit a resistance level after this news but seems poised for more gains. It touched the daily 100-moving average and pulled back slightly. Traders are now waiting for the American markets to open to see if Popcat can break through this resistance.

Market Sentiment

If Popcat manages to flip the daily 100-moving average and the 50 relative strength index zone, we could see it reaching $0.65 soon. This level has been crucial for Popcat in the past, and breaking it could lead to a new all-time high. 

Legendary trader Paulo.sol has also started buying meme coins again, including Popcat. His recent purchases have influenced other traders to follow suit, contributing to the price surge.

The broader market sentiment is also favorable. Bitcoin is performing well, and many traders believe we might be at the bottom for meme coins. 

With the end of the ghost month approaching, a market-wide pump is expected. This optimism is fueling further interest in Popcat and other meme coins.