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The Popcat price rose 35% in the last 24 hours and 223% in a week to trade at $0.3894 as of 02:31 a.m. EST on trading volume that soared 75% to $162 million.
This comes as the meme coin token continues to gain traction in the crypto community, having amassed over 38,000 holders and counting.
$POPCAT just passed 38 thousand holders. pic.twitter.com/tvJxLc8bEh
— Brew (@potionmaster777) April 23, 2024
Popcat Price To Continue Its Rally Above The $0.33 Resistance
The Popcat price has been on a downtrend trend from the resistance around $0.33, which saw the bulls retreat to the support zone at $0.10. This support zone allowed the bulls to propel the price above the previous resistance, forming a rounding bottom pattern.
The rounding bottom pattern has encouraged the bulls to push the price further, which in the last week has seen POPCAT register a high at $0.44.
POPCAT bulls are aiming to sustain this bullish stance, with the price trading above the 50-day Simple Moving Average (SMA), a confirmation of the upward potential.
Additionally, the Relative Strength Index (RSI) is trading on an upward trajectory within the overbought region at 74, indicating intense buying pressure as well as continued investor optimism. Such interest could drive the price even higher, with investors moving to buy more.
Popcat Price Prediction
The Popcat price analysis on the 3-hour chart indicates that POPCAT could sustain its bullish momentum. This is supported by the formation of the rounding bottom pattern, having crossed the major resistance at $0.33.
POPCAT bulls are aiming to use the movement of the RSI as an encouragement to buy, as there seems to be some buying frenzy from investors, which could push the price further above. If this momentum is sustained, POPCAT could go up to a new high at $0.55.
However, with the RSI crossing above the overbought region, investors could start booking profits, which could see POPCAT drop to the support zone coinciding with the 50-day SMA at $0.19.
Meanwhile, as the POPCAT price soars, investors are also buying into the Mega Dice crypto project, with its presale garnering over $450K in just five days.
New GameFi Platform Raises Over $450K – The Next 100X Presale Gem?
The well-known crypto casino Mega Dice (DICE) has recently introduced $DICE token via a presale.
The platform utilizes cryptocurrency and advanced technology as a way of providing a smoother and more secure online casino experience. Mega Dice integrates cryptocurrencies for faster transactions and lower fees, which eliminates the need for bulky downloads.
The token is the first GameFi project on the Solana blockchain, and comes with the aim of surpassing the success of sector titan Rollbit Coin.
The platform has over 4,000 games, which include many sports and eSports betting options. It is also a globally recognized crypto casino brand with a substantial player base that exceeds 50,000 and $50 million in monthly bets.
Spin your way to big wins and unlock epic bonuses in our #NewGame release #CashCrew by @hacksawgaming at Mega Dice Casino 💸
Do you have what it takes to be part of the crew? 😏
🔗 https://t.co/fawORyTnCC pic.twitter.com/IIV1GaPLaZ
— Mega Dice Casino (@megadice) April 23, 2024
Mega Dice also redefines online gambling by merging cutting-edge technology with a vibrant community experience.
The platform also plans an airdrop, where players will need to wager $5,000 or more between April 12 and May 3, to stand a chance of winning a maximum $37,500.
https://twitter.com/megadice/status/1782421088003039528
According to Cryptonews, a prominent crypto channel on YouTube, $DICE has the potential to soar 100X after launch.
If you’d like to join the presale, you can buy $DICE on the official website here for $0.069 per token using BNB, ETH, or SOL. You can also earn 10% on any purchases made by investors you refer.
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