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Cryptocurrency News Articles

Meme Coin POPCAT Reaches New All-Time High, Investor Murad Optimistic About Its Market Surge

Oct 25, 2024 at 06:00 pm

Rising meme coin POPCAT has reached a fresh all-time high and drawn interest from investors as well as the larger crypto community. Especially the POPCAT/WIF trading pair also peaked recently.

Meme Coin POPCAT Reaches New All-Time High, Investor Murad Optimistic About Its Market Surge

Meme coin POPCAT continues to draw attention from investors and the crypto community with a new all-time high, especially with the recent peak in the POPCAT/WIF trading pair.

Well-known meme coin investor Murad shared his thoughts on the matter, suggesting that meme coin WIF might soon be flipped by POPCAT. His reasoning for this stems from the fact that the meme token has yet to experience its “Big Move,” which he anticipates is on the horizon.

New All Time High for $POPCAT

New All Time High for $POPCAT / $WIF

I think $POPCAT can temporarily flip $WIF soon.

Why? POPCAT hasn't had "The Big Move" yet.

(Not financial advice)

"Maybe I'm seeing things, but I have a feeling that POPCAT will temporarily flip WIF in the coming days."

Murad’s optimism toward POPCAT is not a new development. During the last bull run, he anticipated the cat-themed token to reach $5, as reported by CNF. Several non-technical factors could amplify the token's performance and improve its market standing, according to his projection.

His predictions have always garnered attention, especially given his involvement in the meme coin market, where timing and sentiment often play a critical role.

In the meantime, the meme coin trades at around $1.46 at the time of writing, showing a 9.81% decrease over the last 24 hours. This correction follows a bullish 7.87% push in the last 7 days. Many attribute these price movements to the typical volatility associated with meme coins, and investors keep a close watch on its potential future trajectory.

As CNF reported yesterday, POPCAT led the daily gainers list with double-digit percentage gains, outperforming 97 other major cryptocurrencies ranked by market capitalization, along with tokens like MEW and GOAT.

Such promising developments in the meme coin sector have attracted new capital and sparked speculation on the future direction of these tokens.

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