bullish

2024

Million

POPCAT

<p>The post <a href="https://coinpedia.org/news/popcat-listing-on-binance-whale-buys-10-million-tokens/" rel="noopener noreferrer nofollow">POPCAT Listing on Binance, Whale Buys 10 Million Tokens</a> appeared first on <a href="https://coinpedia.org" rel="noopener noreferrer nofollow">Coinpedia Fintech News</a></p>
<p>On August 22, 2024, Binance, the world’s biggest cryptocurrency exchange announced to launch of the Solana-based meme coin Popcat (POPCAT) perpetual contracts. Following this announcement, a crypto Whale withdrew 39,816 SOL worth $5.73 million from Binance and bought nearly 10 million POPCAT tokens.</p>
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   <p lang="en" dir="ltr">Crazy buying of <a href="https://twitter.com/search?q=%24POPCAT&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$POPCAT</a>!<br><br>After <a href="https://twitter.com/hashtag/Binance?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Binance</a> announced the launch of <a href="https://twitter.com/search?q=%24POPCAT&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$POPCAT</a> perpetual contracts, a whale withdrew 39,816 <a href="https://twitter.com/search?q=%24SOL&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$SOL</a>($5.73M) from <a href="https://twitter.com/hashtag/Binance?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Binance</a> to buy 10M <a href="https://twitter.com/search?q=%24POPCAT&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$POPCAT</a>!<a href="https://t.co/smN6cNogIo" rel="noopener noreferrer nofollow">https://t.co/smN6cNogIo</a> <a href="https://t.co/E3zMHy6Qoh" rel="noopener noreferrer nofollow">pic.twitter.com/E3zMHy6Qoh</a></p>— Lookonchain (@lookonchain) <a href="https://twitter.com/lookonchain/status/1826627023009448167?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">August 22, 2024</a>
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<h2 class="wp-block-heading" id="h-whale-buying-popcat-amid-listing-announcement"><strong>Whale Buying POPCAT Amid Listing Announcement</strong></h2>
<p>This crazy buying signals that <a href="https://coinpedia.org/news/can-binance-listing-of-solana-based-popcat-popcat-futures-ignite-bullish-sentiment/" rel="noopener noreferrer nofollow">POPCAT</a> could experience a significant rally in the upcoming days. At press time, it is trading near $0.574 and has experienced a price surge of over 32% in the last 24 hours. Meanwhile, POPCAT’s trading volume has skyrocketed by 225% during the same period, indicating rising participation from traders following the listing announcement.</p>
<p>Additionally, its open interest also increased by 35% in the last 24 hours, indicating growing interest from investors and traders, according to the on-chain analytic firm CoinGlass.&nbsp;</p>
<h2 class="wp-block-heading" id="h-popcat-price-prediction-for-august-2024"><strong>POPCAT Price Prediction For August 2024</strong></h2>
<p>According to expert technical analysis, POPCAT looks bullish and is now heading toward a crucial resistance level of $0.643. However, the last time when POPCAT reached this level, it experienced a price drop of over 40% and fell to the $0.38 level.&nbsp;</p>
<figure class="wp-block-image size-large"><a href="https://image.coinpedia.org/wp-content/uploads/2024/08/22230236/POPCATUSDT_2024-08-22_23-02-21.png" rel="noopener noreferrer nofollow"><img decoding="async" width="1024" height="448" src="https://image.coinpedia.org/wp-content/uploads/2024/08/22230236/POPCATUSDT_2024-08-22_23-02-21-1024x448.png" alt="" class="wp-image-341682" srcset="https://image.coinpedia.org/wp-content/uploads/2024/08/22230236/POPCATUSDT_2024-08-22_23-02-21-1024x448.png 1024w, https://image.coinpedia.org/wp-content/uploads/2024/08/22230236/POPCATUSDT_2024-08-22_23-02-21-300x131.png 300w, https://image.coinpedia.org/wp-content/uploads/2024/08/22230236/POPCATUSDT_2024-08-22_23-02-21-768x336.png 768w, https://image.coinpedia.org/wp-content/uploads/2024/08/22230236/POPCATUSDT_2024-08-22_23-02-21-1536x672.png 1536w, https://image.coinpedia.org/wp-content/uploads/2024/08/22230236/POPCATUSDT_2024-08-22_23-02-21-150x66.png 150w, https://image.coinpedia.org/wp-content/uploads/2024/08/22230236/POPCATUSDT_2024-08-22_23-02-21.png 1824w" sizes="(max-width: 1024px) 100vw, 1024px"></a>
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  Source: Trading View
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<p>This time, the sentiment for POPCAT is bullish, and the daily chart is forming a bullish double-bottom price action pattern. If it closes a daily candle above the $0.69 level there is a high possibility it could soar by 40% to $1 or even higher.&nbsp;</p>
<h3 class="wp-block-heading" id="h-major-liquidation-level"><strong>Major Liquidation Level</strong></h3>
<p>As of now, the major liquidation levels are near $0.542 on the lower side and $0.60 on the upper side, as traders have been highly leveraged in the last 24 hours, according to CoinGlass.</p>
<p>If the sentiment remains unchanged and the price rises to the $0.60 level, nearly $672.84K worth of long position will be liquidated. Conversely, if the sentiment shifts and the POPCAT price falls to the $0.542 level, nearly $1.34 million worth of short position will be liquidated.</p>

POPCAT Listing on Binance, Whale Buys 10 Million Tokens

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