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 worth 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 worth is resting on the 9 Exponential Transferring Common (EMA) line. That is after it underwent a correction following its excessive of $0.01009 at present. Because of this pull again, a double high sample has shaped on the cryptocurrency’s 4-hour chart.

If the Popcat worth falls beneath the 9 EMA line, it might break beneath the neckline of the chart sample at round $0.005 quickly. This bearish thesis might 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 may additionally forestall the bearish thesis from enjoying out.

In these extra bullish situations, the Popcat worth may start climbing to the subsequent main resistance degree at $0.01400. Continued shopping for strain may 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 worth could drop within the subsequent 48 hours. The Transferring Common Convergence Divergence (MACD) hinted at a continuation of the crypto’s present short-term bearish development.

Merchants will need to control the slope of the MACD Histogram, which is presently unfavorable. This may increasingly result in an intersection between the MACD and the MACD Sign strains within the upcoming days. Ought to these two strains cross, it’s going to set off a big bearish technical flag. It may additionally sign that the unfavorable development will proceed in the following couple of 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 could proceed to tug the Popcat worth decrease.

Whereas the Popcat worth 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 factors.

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 could 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 staff to introduce the subsequent 100x alternative, Sponge V2. The brand new iteration of the mission is ready to be “greater and higher” than its predecessor. The mission features a Play-to-earn racing recreation, and there are additionally a number of main listings on the horizon for Sponge V2.

Final Probability To Buy Sponge V2 Earlier than Massive Listings

Consideration, #SPONGERS! 🧽💦

We’re thrilled to announce that our liquidity is now locked! 🔐

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

Go to our web site to search out out extra! ⚡️#SpongeV2 #Web3 pic.twitter.com/1tYOhx3Lcb

— $SPONGE (@spongeoneth) January 8, 2024

Time is operating out for buyers to purchase Sponge V2 earlier than it will get listed on among the greatest crypto exchanges globally. Anybody seeking to get in on the mission earlier than it’s too late has two choices obtainable.

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

Along with the potential to attain 100x returns with Sponge V2, the mission additionally features a staking program with a horny Annual Share Yield (APY) of 378%.

Sponge V2 will be bought right here.