Popcat Price Prediction: POPCAT Tops Meme Coin Losers With 38% Slump, But This Pepe Derivative Rockets Past $7.3 Million In Presale

The
Popcat
price
has
slumped
39%
in
the
last
24
hours


to
trade
at
$0.2845

as
of
7:20
a.m.
EST
on
an
11%
plunge
in
trading
volume
to
$74
million.

The
steep
plunge
made
POPCAT
the
biggest
loser
among
major
meme
coins
by
market
capitalization,
with
Ponke
and
Mog
Coin
in
second
and
third
place,
respectively.

Popcat
Price
Analysis:
Bears
Break
Below
The
Bearish
Channel

Popcat
continues
its
downward
trend,
falling
from
the
$1.0392
resistance
level.
The
struggle
for
price
control
has
also
led
to
the
formation
of
the
bearish
channel,
which
supports
further
bearish
moves.

The
bearish
momentum
has
also
pushed
the
price
below
the
bearish
channel.
Despite
the
decline,
the
bulls
are
showing
resilience,
driving
the
price
up
to
$0.4828,
indicating
ongoing
upward
movement.

POPCATUSD
Analysis
(Source:
Dextools.io)

The
daily
technical
indicators
paint
a
bullish
picture
for
POPCAT.
The
price
trades
above
the
50-day
simple
moving
averages,
suggesting
a
potential
upward
course
and
reinforcing
positive
market
sentiment. 

The
MACD
is
also
bullish
below
the
neutral
level
line.
The
blue
average
line
is
also
above
the
orange
signal
line.
The
green
histogram
bars
also
appear
positive
above
the
neutral
line,
indicating
growing
investor
interest.

Additionally,
the
Relative
Strength
Index
(RSI)
has
rebounded
below
the
50
midline
level
to
62,
indicating
strong
buying
pressure
for
Popcat.

Popcat
Price
Prediction:
Is
A
Rebound
Within
Reach?

The
bulls
are
poised
to
regain
momentum,
with
signals
from
the
RSI
and
the
MACD 
indicating
a
possible
rebound.
This
could
help
the
bulls
push
the
price
up
to
the
previous
resistance
level
of
$0.7254.
If
this
upward
movement
unfolds,
it
could
propel
the
price
to
the
significant
milestone
of
$1,
marking
a
notable
recovery
in
its
market
value.

However,
if
POPCAT
struggles
to
surpass
this
key
resistance,
it
could
face
a
downturn.
In
that
scenario,
the
$0.2289
level
would
become
a
crucial
support
point
to
cut
the
bulls.

A
Promising
Alternative:
Could
This
Layer
2
Meme
Coin
Explode?

Given
the
uncertainty
and
volatility
surrounding
the
outlook
for
the
Popcat
price,
investors
might
consider
diversifying
into
the
layer
2
token

Pepe
Unchained
($PEPU).

It’s
one
of
the
year’s
top-performing
ICOs
and
because
it’s
still
in
presale
it’s
immune
to
the
meme
coin
selloff
that’s
currently
battering
the
sector.

Another
incredible
milestone!
We’ve
raised
$7M!
????????

The
biggest
advancement
in
meme
coin
tech
is
coming
soon!

pic.twitter.com/BkgRrpkQ8t

—
Pepe
Unchained
(@pepe_unchained)

August
3,
2024

PEPU
distinguishes
itself
from
the
original
PEPE
by
having
its
own
native
Layer
2
network,
thus
freeing
Pepe
from
its
old,
clunky
Layer
1
blockchain.

It
offers
investors
high
speed,
scalability,
and
much
lower
fees.
PEPU
aims
to
achieve
transaction
speeds
100
times
faster
than
meme
coins
on
the
Ethereum
network.
Besides
its
improved
transaction
capabilities,
its
Layer
2
chain
will
also
include
an
explorer.

PEPU
also
offers
investors
an
annual
staking
yield
of
265%.

It
has
attracted
the
attention
of
analysts
on
the
99Bitcoins
YouTube
channel,
with
more
than
706k
subscribers,
who
say
PEPU
has
the
potential
to
lead
the
next
bull
market
and
even
become
the
top
meme
coin.

You
can
join
investors
who
have
already
pumped
more
than
$7.3
million
into
PEPU
by
buying
the
token
for
$0.0089105.
Hurry
if
you
are
interested
to
buy
because
there
will
be
a
price
hike
in
less
than
2
days.

Buy
PEPU
here
using
ETH,
USDT,
BNB,
or
a
bank
card.

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