Crypto Prices Rise Again And Experts Watch Catslap, CAT and Popcat
The post Crypto Prices Rise Again And Experts Watch Catslap, CAT and Popcat appeared on BitcoinEthereumNews.com.
While the Bitcoin price remains range-bound, cat meme coins are dominating the headlines with explosive returns. Popcat, Simon’s Cat and a new meme coin, Catslap (SLAP), are among the top crypto gainers on Wednesday behind heavy whale bidding. In particular, the spotlight is on SLAP, owing to the rumours of upcoming Tier-1 CEX listings, burn events and its 8,400% explosive rally post-launch. Is It Time To Go All In On Cat Meme Coins? Cat-themed tokens appear poised to dominate the next meme coin rally and could be the best cryptos to buy for sidelined investors. For instance, prominent experts believe that Popcat is heavily undervalued as compared to other large-caps in the sector. The POPCAT price is up by a meagre 13% in the past 30 days, while Dogecoin, Pepe and Brett have surged by more than 150% in the same period. However, analysts believe that the local bottom is in for Popcat, which offers an excellent entry point for sidelined investors. Indeed, the Popcat price has successfully retested its macro trendline and has bounced back up by 8% today, prominent crypto trader Muro reveals. RookieXBT, a prominent social media influencer with nearly 500k X followers, projects that the largest cat-themed meme coin will hit $5 by the end of the year. https://x.com/RookieXBT/status/1863929767151456395 Similarly, smart money investors are scaling into long positions on Simon’s Cat (CAT). Legendary Bybit trader Bluntz signals that CAT is breaking out from a falling wedge that it had created over the past 3 weeks. Trader Wojak concurs with his assessment and projects that Simon’s Cat could nearly double before the end of the year. Simon’s Cat remains an attractive long-term investment in the meme coin sector. Being a multi-chain meme coin that is now live on both BNB Smart Chain and Solana, it has created…
Filed under: News - @ December 5, 2024 6:20 am