Shiba

Penny

PEPE

Shiba Inu

The Popcat price has slumped 39% in the last 24 hours <a href="https://www.coingecko.com/en/coins/popcat">to trade at $0.2845</a> as of 7:20 a.m. EST on an 11% plunge in trading volume to $74 million. 
The steep plunge made POPCAT the biggest loser among major meme coins by market capitalization, with Ponke and Mog Coin in second and third place, respectively. 
<h2 id="span-style-font-weight-400-popcat-price-analysis-bears-break-below-the-bearish-channel-span">Popcat Price Analysis: Bears Break Below The Bearish Channel</h2> 
Popcat continues its downward trend, falling from the $1.0392 resistance level. The struggle for price control has also led to the formation of the bearish channel, which supports further bearish moves. 
 The bearish momentum has also pushed the price below the bearish channel. Despite the decline, the bulls are showing resilience, driving the price up to $0.4828, indicating ongoing upward movement. 
<img decoding="async" class="alignnone wp-image-560832 size-full" src="https://insidebitcoins.com/wp-content/uploads/2024/08/POPCAT_USD-RAY-DEXTools.io_2024-08-05_14-55-50.png" alt="Popcat price" width="1319" height="571" srcset="https://insidebitcoins.com/wp-content/uploads/2024/08/POPCAT_USD-RAY-DEXTools.io_2024-08-05_14-55-50.png 1319w, https://insidebitcoins.com/wp-content/uploads/2024/08/POPCAT_USD-RAY-DEXTools.io_2024-08-05_14-55-50-300x130.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/08/POPCAT_USD-RAY-DEXTools.io_2024-08-05_14-55-50-1024x443.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/08/POPCAT_USD-RAY-DEXTools.io_2024-08-05_14-55-50-768x332.png 768w" sizes="(max-width: 1319px) 100vw, 1319px"> 
POPCATUSD Analysis (Source: Dextools.io) 
The daily technical indicators paint a bullish picture for POPCAT. The price trades above the 50-day simple moving averages, suggesting a potential upward course and reinforcing positive market sentiment.&nbsp; 
The MACD is also bullish below the neutral level line. The blue average line is also above the orange signal line. The green histogram bars also appear positive above the neutral line, indicating growing investor interest. 
Additionally, the Relative Strength Index (RSI) has rebounded below the 50 midline level to 62, indicating strong buying pressure for Popcat. 
<h2 id="span-style-font-weight-400-popcat-price-prediction-is-a-rebound-within-reach-span">Popcat Price Prediction: Is A Rebound Within Reach?</h2> 
The bulls are poised to regain momentum, with signals from the RSI and the MACD&nbsp; indicating a possible rebound. This could help the bulls push the price up to the previous resistance level of $0.7254. If this upward movement unfolds, it could propel the price to the significant milestone of $1, marking a notable recovery in its market value. 
However, if POPCAT struggles to surpass this key resistance, it could face a downturn. In that scenario, the $0.2289 level would become a crucial support point to cut the bulls. 
<h2 id="a-promising-alternative-could-this-layer-2-meme-coin-explode">A Promising Alternative: Could This Layer 2 Meme Coin Explode?</h2> 
Given the uncertainty and volatility surrounding the outlook for the Popcat price, investors might consider diversifying into the layer 2 token <a href="https://insidebitcoins.com/visit/pepeunchained" rel="nofollow">Pepe Unchained ($PEPU).</a> 
It’s one of the year’s top-performing ICOs and because it’s still in presale it’s immune to the meme coin selloff that’s currently battering the sector. 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 Another incredible milestone! We've raised $7M! 🎉🐸 
 The biggest advancement in meme coin tech is coming soon! <a href="https://t.co/BkgRrpkQ8t">pic.twitter.com/BkgRrpkQ8t</a> 
 — Pepe Unchained (@pepe_unchained) <a href="https://twitter.com/pepe_unchained/status/1819722687788548346?ref_src=twsrc%5Etfw">August 3, 2024</a>
</blockquote> 
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
PEPU distinguishes itself from the original PEPE by having its own native Layer 2 network, thus freeing Pepe from its old, clunky Layer 1 blockchain. 
It offers investors high speed, scalability, and much lower fees. PEPU aims to achieve transaction speeds 100 times faster than meme coins on the Ethereum network. Besides its improved transaction capabilities, its Layer 2 chain will also include an explorer. 
PEPU also offers investors an annual staking yield of 265%. 
It has attracted the attention of analysts on the 99Bitcoins YouTube channel, with more than 706k subscribers, who say PEPU has the potential to lead the next bull market and even become the top meme coin. 
<iframe title="Pepe Unchained Has The Potential To Lead The Bull Market Gains And Become The Top Meme Coin!" width="640" height="360" src="https://www.youtube.com/embed/sFSXb5Rh8Cg?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe> 
You can join investors who have already pumped more than $7.3 million into PEPU by buying the token for $0.0089105. Hurry if you are interested to buy because there will be a price hike in less than 2 days. 
<a href="https://insidebitcoins.com/visit/pepeunchained" rel="nofollow">Buy PEPU here using ETH, USDT, BNB, or a bank card.</a> 
<h2 id="related-articles">Related Articles</h2> 
<ul> 
 <li><a href="https://insidebitcoins.com/news/qubic-price-prediction-qubic-plunges-9-but-this-ai-meme-coin-charges-towards-10m-with-time-to-buy-running-out">Qubic Price Prediction: QUBIC Plunges 9%, But This AI Meme Coin Charges Towards $10M With Time To Buy Running Out</a></li> 
 <li><a href="https://www.linkedin.com/pulse/upcoming-crypto-presales-unlock-early-investment-calsona-plu5e">Upcoming Crypto Presales: Unlock Early Investment Opportunities!</a></li> 
 <li><a href="https://insidebitcoins.com/news/hamster-kombat-latest-uzbekistan-regulators-say-viral-telegram-game-is-not-illegal">Hamster Kombat Latest: Uzbekistan Regulators Say Viral Telegram Game Is Not Illegal&nbsp;</a></li> 
</ul>

Popcat Price Prediction: POPCAT Tops Meme Coin Losers With 38% Slump, But This Pepe Derivative Rockets Past $7.3 Million In Presale

Table of Contents

Inside Bitcoins

Other articles published on Aug 5, 2024

Cardano’s Downward Spiral: Analyzing the Storm of Bearish Indicators

Solana (SOL) Investors Grab Mpeppe (MPEPE) Before Price Rallies By 1000%

From $49K to $54.6K in an Hour: Bitcoin ETF Saves The Day!

Phantom Forge Transforms Gaming with AI and Web3

7 Best ICOs To Invest In For August 2024: Generate Explosive Wealth

Bitcoin slumps under $50K, losing 12% as broader financial markets in turmoil

Join our free newsletter for daily crypto updates!