Popcat Price Prediction: Solana Meme Coin POPCAT Leaps 34%, But Experts Look To This Presale For The Next Pepe

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The Popcat value surged greater than 34% over the previous 24 hours to commerce at $0.007554 as of 9:00 am EST as buyers pounced on the Solana meme coin.

The Popcat Value Pulls Again As Merchants Start To Take Revenue

4-hour chart for POPCAT/USDC (Supply: TradingView)

The Popcat value is resting on the 9 Exponential Shifting Common (EMA) line. That is after it underwent a correction following its excessive of $0.01009 in the present day. Because of this pull again, a double prime sample has fashioned on the cryptocurrency’s 4-hour chart.

If the Popcat value falls under the 9 EMA line, it might break under the neckline of the chart sample at round $0.005 quickly. This bearish thesis could possibly be invalidated if the meme coin is ready to keep above the 9 EMA line for the subsequent 24 hours. A 4-hour candle shut above its 24-hour excessive of $0.01009 might additionally stop the bearish thesis from taking part in out.

In these extra bullish situations, the Popcat value might start climbing to the subsequent main resistance degree at $0.01400. Continued shopping for stress might elevate the altcoin’s worth to as excessive as $0.01910.

Sellers Are Beginning To Take Over On Popcat’s Chart

Technical indicators steered that the Popcat value might drop within the subsequent 48 hours. The Shifting Common Convergence Divergence (MACD) hinted at a continuation of the crypto’s present short-term bearish development.

Merchants will wish to regulate the slope of the MACD Histogram, which is at the moment unfavorable. This may occasionally result in an intersection between the MACD and the MACD Sign strains within the upcoming days. Ought to these two strains cross, it can set off a major bearish technical flag. It might additionally sign that the unfavorable development will proceed in the next few hours.

Along with this, the Relative Power Index (RSI) is sloped negatively in direction of oversold territory. This can be indicative of diminishing purchaser power. If bulls don’t step in quickly, bears might proceed to tug the Popcat value decrease.

Whereas the Popcat value tries to fend off sellers, Sponge V2 is positioning itself to change into the subsequent PEPE because it seems to launch off the success of its predecessor.

A Meme Coin Set To 100X

Sponge V2 is a promising meme coin that’s providing buyers who missed the 100x returns delivered by Sponge V1 a second likelihood at substantial positive aspects.

Throughout the meme coin craze in Might 2023, Sponge V1 unexpectedly reached a $100 million market cap. Given this meteoric rise, some analysts say the meme coin might surpass Pepe this time round.

This success was primarily fueled by a collection of achievements, together with listings on main exchanges, a speedy development in its variety of holders, in addition to the truth that it garnered 30,000 social media followers in just some days.

The success of Sponge V1 prompted the Sponge workforce to introduce the subsequent 100x alternative, Sponge V2. The brand new iteration of the challenge is ready to be “larger and higher” than its predecessor. The challenge features a Play-to-earn racing sport, and there are additionally a number of main listings on the horizon for Sponge V2.

Final Likelihood To Buy Sponge V2 Earlier than Massive Listings

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With 4,270,902,045 tokens already staked valued at $3,497,953 with a powerful present 378% APY, $SPONGE is stronger than ever!

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— $SPONGE (@spongeoneth) January 8, 2024

Time is working out for buyers to purchase Sponge V2 earlier than it will get listed on a few of the greatest crypto exchanges globally. Anybody trying to get in on the challenge earlier than it’s too late has two choices obtainable.

The primary choice is to purchase and stake Sponge V1 by way of the challenge’s official web site. Possibility two is for buyers to stake their already-owned Sponge V1 tokens. As soon as the challenge goes dwell, buyers who staked Sponge V1 will obtain their V2 tokens.

Along with the potential to realize 100x returns with Sponge V2, the challenge additionally features a staking program with a pretty Annual Proportion Yield (APY) of 378%.

Sponge V2 might be bought right here.