Market Direction

POPCAT price prediction today: Will it break $1.00 all-time high?

Updated: Aug 27, 2024

Published: Aug 26, 2024

What is Popcat: Popcat (POP) is a meme-based cryptocurrency inspired by the viral Popcat meme. We at Cryptonary identified the potential of this token before cat memes even became a narrative in the crypto space. POP has now taken the lead in this emerging meme category, bringing fun and community engagement into the crypto ecosystem.

POPCAT has had a monstrous breakout from the main downtrend line, where price smashed through the horizontal resistance of $0.55.
Price now finds itself testing the underside of the prior uptrend line as a new resistance.
To the downside, we would now expect the prior local highs of $0.65 to act as new support, with $0.55 also being a new major support.
It may take more time, but we expect the all-time highs to be retested in the coming weeks/month ($1.00).
The RSI is not yet overbought on the Daily, but it is nearly overbought territory.

POPCAT price chart displaying technical analysis with support resistance levels trend lines and RSI indicator on dark background

Cryptonary's take

Overall, this was a brilliant move. However, we think in the immediate term, price might pull back slightly and retest the $0.55 to $0.65 levels. For those thinking of selling their bags and rebuying lower, we certainly wouldn't feel comfortable doing this; we prefer just straight holding. We expect it'll just be a matter of time before POPCAT breaks above all-time highs and establishes itself in the $1-$2b range.

Disclaimer: This is not financial or investment advice. You are responsible for any capital-related decisions you make, and only you are accountable for the results.

Popcat's ATH is $1. We've secured POPCAT at an average price of $0.04; we are very confident in its rise as the leader in the cat meme narrative.

How to buy:

Via Phantom Wallet:
1. Deposit Solana tokens by copying your Phantom wallet address and transferring funds.
2. Swap tokens within the wallet by selecting POPCAT, setting slippage tolerance, and confirming the swap.
Via Centralized Exchange (CEX):
1. Choose a CEX that lists POPCAT like ByBit, Gateio, or MEXC.
2. Create and verify your account.
3. Deposit funds.
4. Go to the POPCAT trading section and purchase POPCAT.