Popcat (POPCAT) Outperforms Market, Good points 5% Forward of Kraken Itemizing

• Kraken confirmed that it will listing POPCAT on September twelfth.
• POPCAT surged greater than 5% and is buying and selling at $0.6559.
• POPCAT is anticipated to commerce at $0.90 as 2024 ends.

Popcat (POPCAT), a prime meme coin on the Solana blockchain, has surged over 5% within the final 24 hours, even because the broader crypto market struggles. This soar comes as main crypto change Kraken introduced it should listing POPCAT for spot buying and selling on September nineteenth, at 3 PM UTC.

Kraken confirmed the itemizing in a September twelfth put up on X (previously Twitter), highlighting POPCAT’s unbelievable 3940.84% progress for the reason that begin of September. As of this writing, the coin is buying and selling at $0.6559, a 5.3% improve within the final 24 hours.

Learn additionally: Solana Every day Transaction Charges Hit Multi-Month Low as Meme coin Hype Fades

POPCAT presently holds the third spot amongst Solana meme cash, boasting a market cap of $641 million, per CoinMarketCap. It additionally ranks 91st total within the crypto market by valuation.

Bullish Momentum Builds as Merchants Anticipate Itemizing

Merchants, anticipating a value soar after the itemizing, have been snapping up POPCAT, driving bullish sentiment. The coin is up 21.19% over the previous week and 15.45% within the final 30 days. Nevertheless, it’s nonetheless buying and selling 34.24% beneath its July 2024 all-time excessive of $0.9976.

The TradingView chart exhibits POPCAT’s Relative Energy Index (RSI) at 55.79, confirming the bulls have the higher hand. The upward slope hints at additional short-term positive aspects.

Analysts predict POPCAT may attain $0.90 in 2024 as its recognition and neighborhood develop. By 2030, with blockchain expertise evolving, it might hit a peak of $5. If meme cash and crypto actually go mainstream, POPCAT may even attain $59.55 by 2040.