Popcat (SOL: $POPCAT) is the hottest meme coin on Solana after making massive gains in recent weeks. After its recent gains, it is currently amongst the top 10 meme coins list and in the top 100 crypto coins list.
What Is Popcat?
Popcat is a meme coin based on a popular internet meme from October 2020. The meme showcases a video of a short-haired cat called Oatmeal rapidly opening and closing its mouth. For those who missed the $BONK wave, the Popcat meme coin is designed to let them make huge gains.
The meme coin has no mission or goal, and exists purely to celebrate meme coin culture. It has zero tax, the smart contract is immutable, and its liquidity pool was burnt. Additionally, the tokens are 100% community-owned, with none of the tokens reserved for the developer team. It has a total supply of 979.97M POPCAT tokens.
Popcat Makes Massive Gains
Popcat has seen massive gain in recent weeks, driven by an active community, and the wider Solana community. In early October, it surged to a new all-time high of $1.5 per coin before breaking its own record three weeks later to reach a new all-time high of $1.67 on October 24, 2024.
Since the ATH, Popcat has pulled back 7.41% as holders take profit, and it is now trading at $1.53 per coin. Despite this short-term pull-back, the meme coin has been on an overall upward trajectory. Over the past seven days, it has gained 17.73%; over the past month, it is up 67.81%.
Since its listing in January 2024 on Coinmarketcap, it has gained 9450.67%, and in the past 24 hours, its value has surged 6.69% as of Monday, October 28, 2024.
The token has gained 40262.54% since its all-time low of $0.00383, achieved on January 4, 2024. It is also one of the seven meme coins with a market cap of over $1 billion, with a market cap of $1.51B. The Popcat meme coin also has a respectable 24-hour trading volume of $199.07 million, a 123.23% increase.
Social Media Following
The Popcat meme coin has a massive online following, with 67.7K followers on X and 16,763 subscribers to its Telegram channel. On Coinmarketcap, 71% of voters are bullish on its future after 9,626 votes.
Should You Buy The Popcat Trend?
Popcat is one of the fastest-rising meme coins, with a massive following on social media, and high trading volume. Consequently, it has a high liquidity, and the price is projected to keep rising in the medium term amid the ongoing meme coin wave.
The token is available to trade on various mainstream exchanges including OKX, Kraken, Gate.io, Bybit, and Orca, which will undoubtedly contribute to its price increase. Based on all the positive factors working in its favor, buying the trend could potentially lead to huge gains for holders of POCAT tokens.
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