Solana-Based Popcat Hits New All-Time High: $2 Next?
Solana-based meme coin Popcat (POPCAT) hit an all-time high of $1.47 earlier today. The asset is up by 19.4% in the daily charts, 53.7% in the weekly charts, 58% in the 14-day charts, and 188.4% over the previous month. The cat-themed cryptocurrency has climbed to the 63rd spot among the top projects by market cap, with a valuation of $1.42 billion. The meme coin has fallen by 0.7% from its peak. Also Read: How High Can Pepe & DogWifHat (WIF) Surge by October End 2024 Source: CoinGecko Why Is The Memecoin Up Today? Solana-based Popcat’s latest rally follows the general market trend. Bitcoin (BTC) has reclaimed the $63,000 level after to $60,000 last week. The market resurgence could be due to the positive jobs data revealed on Friday. POPCAT’s rally could also be due to the possibility of another Federal Reserve interest rate cut in November. Also Read: UAE Slashes VAT on Crypto Transfers – What It Means for You! The market rally could also be due to October being a historic...