The post Is it Too Late to Buy Popcat? Popcat Price Pumps 86% in a Month and This Meme Coin Might Explode Next appeared on BitcoinEthereumNews.com.

Popcat has been a frontrunner in this month’s meme coin rally. But with its price up 86%, has the opportunity for gains passed, or is there a lot more upside to come? Popcat Primed For Growth as “Uptober” Finally Commences Experts believe that Q4 and 2025 will be bullish for crypto, and it was slated to begin with a breakout month in October, dubbed “Uptober.” However, the opening two weeks of the month failed to live up to expectations, but that has changed with crypto prices now in the green and analysts saying Uptober has commenced. For a trending meme coin like Popcat, there’s no doubt that this is severely bullish news. But with Popcat already pumping significantly this month, we must consider the potential that it is overextended, and a cooling-off period will follow. To address that, let’s explore the Popcat price chart. Analyst Afgxbt notes that Popcat is forming a similar chart structure to just before its last pump, which led to a new all-time high (ATH). Based on the analyst’s chart, Popcat could extend over 20% in the next leg and push past $1.65. However, other analysts are even more optimistic. For instance, Murad, the trader who recently influenced meme coins like SPX6900 and GigaChad to soar, believes Popcat will reach $6 in 2024. Not just that, he’s even anticipating a rally towards $26 in 2025. This aligns with Murad’s high-level expectations of a “meme coin supercycle,” which will see joke tokens reach unprecedented heights in 2025. This thesis is based on the expectation that 2025 will be the main event of crypto’s bull market, and meme coins have continually outperformed in bullish periods this year. So, to answer the question, it is not too late to buy Popcat. We can’t rule out short-term volatility, but a…

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Filed under: News - @ October 15, 2024 2:29 pm