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The Popcat price surged 22% in the last 24 hours to trade at $1.01 as of 03:59 a.m. EST on trading volume that skyrocketed 48% to $134 million.
Popcat Price To Continue Soaring
The Popcat price has been on a sustained bullish run in September, soaring through the rising channel pattern as the bulls aim to sustain the trend. According to data from GeckoTerminal, the bulls capitalized on the $0.53 support to propel the price of Popcat up.
POPCAT is now trading above the 50-day and 200-day Simple Moving Averages (SMAs), affirming the bullish momentum.
The current positive momentum is further supported by the Moving Average Convergence Divergence (MACD), which now trades above the neutral line. The blue MACD line also crosses above the orange signal line, a representation of a bullish crossover, which now shows that the token could still be on a bullish rally.
If the momentum continues, the price of Popcat pay continue soaring, as the bulls currently target $1.25.
However, the Relative Strength Index (RSI) seems to be dropping from the 70-overbought region, currently at 62, showing that the bears may be gaining control of the price at this level. If the bearish trend picks up, the price of Popcat may plunge back to the 200-day SMA ($0.6893).
Meanwhile, investors are rushing to buy a new Pepe alternative called Pepe Unchained (PEPU), which has just soared past $15 million raised in its blockbuster presale.
According to 99Bitcoins, a popular crypto channel on YouTube with over 706K subscribers, PEPU has the potential to soar 10X after its launch.
Pepe Unchained Presale Heads For $16 Million
Investors are viewing Pepe Unchained as a significant upgrade over its predecessor, Pepe ($PEPE).
The original Pepe has been limited by its Layer-1 technology, often plagued by network delays and increasing gas fees. In contrast, Pepe Unchained is a new token that represents a bold move forward, breaking free from these constraints and embracing a more advanced future.
Pepe is preparing to launch his own Layer 2 blockchain solution soon:
🧠 Instant bridging between ETH and Pepe Chain
🧠 Lowest transaction fees
🧠 100x faster transaction speeds compared to ETH
🧠 Dedicated Block ExplorerGet ready to join the future with Pepe Unchained! ⛓️🐸 pic.twitter.com/9gxNnddMyq
— Pepe Unchained (@pepe_unchained) July 18, 2024
That’s because Pepe Unchained comes with a proprietary Layer 2 blockchain that will enable it to tackle the scalability, speed, and efficiency issues that often plague meme coins built on Layer-1 blockchains like Ethereum.
Token holders can also earn passively through the platform’s staking system, which offers 139% in annual rewards.
You can buy $PEPU tokens now for $0.00985 each. With a price hike coming in less than 2 days, interested buyers shouldn’t wait too long to lock in the best deal.
To join the presale, buy $PEPU from the official website here using ETH, USDT, or a bank card.
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