Solana

TRON

POPCAT

Rise

Popcat, a meme coin on the Solana blockchain, saw a dramatic price spike of more than 35% on August 23, reaching $0.60. This surge came in response to Binance Futures listing a perpetual contract for POPCAT, which offers traders up to 75x leverage. 
The Binance listing of the USD-Margined Popcat perpetual contract has significantly boosted trading options on Binance Futures, enhancing the crypto trading experience. The POPCATUSDT perps went live at 13:00 UTC on August 22, 2024. 
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 <img loading="lazy" decoding="async" width="1002" height="464" src="https://www.cryptotimes.io/wp-content/uploads/2024/08/Popcat-Price-Surges-35-to-0.60-in-24-hours.png" alt="Popcat Price Surges 35% to $0.60 in 24 hours" class="wp-image-197452" srcset="https://www.cryptotimes.io/wp-content/uploads/2024/08/Popcat-Price-Surges-35-to-0.60-in-24-hours.png 1002w, https://www.cryptotimes.io/wp-content/uploads/2024/08/Popcat-Price-Surges-35-to-0.60-in-24-hours-800x370.png 800w, https://www.cryptotimes.io/wp-content/uploads/2024/08/Popcat-Price-Surges-35-to-0.60-in-24-hours-768x356.png 768w, https://www.cryptotimes.io/wp-content/uploads/2024/08/Popcat-Price-Surges-35-to-0.60-in-24-hours-860x398.png 860w" sizes="(max-width: 1002px) 100vw, 1002px">
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 Popcat Price Chart | Source:&nbsp;<a href="https://coinmarketcap.com/currencies/popcat-sol/" target="_blank" rel="noreferrer noopener nofollow">CoinMarketCap</a>
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The surge in Popcat’s price followed a major whale move, over 39,800 SOL, worth more than $5.7 million, was withdrawn from Binance and used to purchase 10 million POPCAT tokens. This large transaction, reported by <a href="https://x.com/lookonchain/status/1826627023009448167" target="_blank" rel="noreferrer noopener nofollow">Lookonchain</a>, fueled the dramatic increase in Popcat’s value, which rose from $0.43 to a high of $0.60. 
In addition to Popcat’s impressive gains, the SUN token on the TRON platform also experienced significant growth. The <a href="https://coinmarketcap.com/currencies/sun-token/" target="_blank" rel="noreferrer noopener nofollow">SUN token surged </a>by 60% in 24 hours after Binance Futures listed the SUNUSDT perpetual contract with up to 75x leverage.&nbsp; 
This surge followed the success of SunPump, a new meme coin launch platform that <a href="https://www.cryptotimes.io/2024/08/22/sunpumps-rapid-rise-overtakes-pump-fun-in-memecoins/" target="_blank" rel="noreferrer noopener">outperformed Solana’s Pump.fun</a> in daily revenue and drove TRON’s revenue to an all-time high. 
Binance’s recent listings have sparked notable price increases in several tokens, including Brett, <a href="https://www.cryptotimes.io/2024/08/21/voxel-price-soars-50-after-binance-lists-perpetual-contract/">Voxel</a>, and Synapse, demonstrating the impact of such announcements on the crypto market.

Popcat Price Surges Over 35% After Binance Futures Listing

The Crypto Times

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