Popcat (SOL)

<p><strong>Date:</strong> Fri, Sept 13, 2024, 07:58 AM GMT</p><p>Popcat (POPCAT), the <a href="https://coinsprobe.com/web-stories/top-10-solana-based-memecoins-to-watch-out-for-bull-run/" rel="noopener noreferrer nofollow">Solana-based memecoin</a>, is gaining momentum in the cryptocurrency market, showing a promising bullish trend. Over the past 24 hours, POPCAT has risen by 3.10%, and over the last week, it has surged by an impressive 27.70%.</p><p><img src="https://academy-public.coinmarketcap.com/optimized-uploads/05a22576c58f4a78b19746deb314fd84.png" /><em>Source: Coinmarketcap</em></p><h3 id="two-major-factors-are-driving-this-recent-spike-in-popcat-39-s-price">Two major factors are driving this recent spike in POPCAT&#39;s price:</h3><h3 id=""></h3><h3 id="1-kraken-listing">1) Kraken Listing:</h3><p>Kraken, a well-known cryptocurrency exchange, <a href="https://www.kraken.com/listings" rel="noopener noreferrer nofollow">announced </a>yesterday that it will be listing POPCAT on September 19. This news has generated significant excitement among traders, who anticipate increased liquidity and trading volume once the listing goes live.</p><blockquote>— Kraken Pro (&#64;krakenpro) <a href="https://twitter.com/krakenpro/status/1834260690527285731?ref_src&#61;twsrc%5Etfw" rel="noopener noreferrer nofollow">September 12, 2024</a>&#x1f4c5; A sneak peek at next week’s listings*: Sep 19th - 15:00 PM UTC<a href="https://twitter.com/search?q&#61;%24POPCAT&amp;src&#61;ctag&amp;ref_src&#61;twsrc%5Etfw" rel="noopener noreferrer nofollow">$POPCAT</a><a href="https://twitter.com/search?q&#61;%24GFI&amp;src&#61;ctag&amp;ref_src&#61;twsrc%5Etfw" rel="noopener noreferrer nofollow">$GFI</a><a href="https://twitter.com/search?q&#61;%24KUJI&amp;src&#61;ctag&amp;ref_src&#61;twsrc%5Etfw" rel="noopener noreferrer nofollow">$KUJI</a> (geo expansion)&#x1f440; Roadmap updates every Thursday ⤵️<a href="https://t.co/hv1TlhIJJf" rel="noopener noreferrer nofollow">https://t.co/hv1TlhIJJf</a> *Geographic may restrictions apply <a href="https://t.co/Ppsfxynkg4" rel="noopener noreferrer nofollow">pic.twitter.com/Ppsfxynkg4</a></blockquote><h3 id="2-whale-buying">2)Whale Buying:</h3><p>According to a report by <a href="https://x.com/lookonchain/status/1834183004610306332" rel="noopener noreferrer nofollow">Lookonchain</a>, a whale who previously made $1.47 million from trading POPCAT has just made another big move. In the past three hours, this whale spent 1.6 million USDC to purchase 2.36 million POPCAT at $0.68 per token. Earlier this year, between April 21 and April 26, the same whale bought 6.05 million POPCAT for 1.84 million USDC and then sold it on September 5 for 3.31 million USDC, netting a profit of $1.47 million.</p><h3 id="current-market-status">Current Market Status:</h3><p>Currently, POPCAT is trading at $0.66, after finding crucial support at the $0.49 level. The next key resistance level to watch is $0.75, and if POPCAT can break through, it could see even more significant gains in the coming days.</p><p><img src="https://academy-public.coinmarketcap.com/optimized-uploads/07b59cb7b8df462dae1a658ca4fff815.png" /><em>POPCAT Chart Source: TradingView</em></p><p>Technical indicators show that the current Relative Strength Index (RSI) is 57.99, with an RSI-Based Moving Average (MA) of 47.99. These figures suggest that POPCAT is gaining momentum, but still has room to grow before reaching overbought territory.</p><p>As POPCAT continues to gain traction, the upcoming Kraken listing and strategic whale buying could further fuel its upward momentum.</p><p><strong>Disclaimer:</strong> The information provided in this article is for informational purposes only and should not be considered financial advice.</p><p><strong>Related Articles: </strong><a href="https://coinsprobe.com/top-memecoins-popcat-brett-and-mog-rallies-higher-key-levels-to-watch/" rel="noopener noreferrer nofollow">Top Memecoins POPCAT, BRETT, and MOG Rallies Higher: Key Levels To Watch</a></p>

Popcat Gains Momentum as Whale Buys Big and Kraken Listing Nears

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