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The Popcat price has surged 26% in the last 24 hours to trade at $0.3218 as of 3:30 a.m. EST on a 102% pump in trading volume to $158 million.
The surge in the POPCAT price follows Coinbase’s announcement that is will list Popcat (POPCAT) and Pudgy Penguins (PENGU) on the Solana network, triggering double-digit price rallies for both meme coins.
$POPCAT & $PENGU SOAR POST-COINBASE LISTING
Coinbase just shook things up, listing meme tokens $POPCAT and $PENGU on Solana.$POPCAT spiked over 25%, while $PENGU jumped 12%, thanks to the infamous "Coinbase Effect." More eyes, more liquidity = price pumps.
Let's see if they… pic.twitter.com/BNqBTtnZS4
— IBC Group Official (@ibcgroupio) February 13, 2025
Trading for POPCAT-USD and PENGU-USD pairs will begin on or after 9 a.m. PT on Feb. 13, with perpetual futures available from 9:30 a.m. UTC on the Coinbase International Exchange and Coinbase Advanced.
This move follows Coinbase’s recent addition of these tokens to its asset roadmap alongside Morpho (MORPHO), which has yet to receive a confirmed listing.
Popcat Price Eyes Bullish Reversal As Price Tests Key Support At $0.31
POPCAT/USDT shows early signs of a potential bullish turnaround after weeks of bearish pressure. The token is currently testing a crucial support level at $0.31, an area where buyers are beginning to show interest.
The price reached a high of $0.3396 today, reflecting a slight uptick in bullish sentiment. However, the overall trend since mid-December 2024 has been bearish, as evidenced by the descending channel highlighted in orange. The consistent formation of lower highs and lower lows has kept the market cautious, but recent price action indicates a possible shift.
POPCATUSDT Analysis Source: Tradingview
The LuxAlgo trendlines have triggered a crossover signal, often interpreted as an early indication of a trend reversal. The chart also highlights a “Potential Bullish Reversal” zone, indicating that if current support holds, the price could break out from the bearish channel.
If the breakout is confirmed, initial targets lie between $0.50 and $0.78, with a more significant resistance zone around $1.02. This level could be a crucial hurdle for bulls aiming for a long-term recovery, with the ultimate resistance near $2.00.
The Related Strength Index (RSI), currently at 43.95, is recovering from oversold territory, signaling increasing buying momentum, though it remains below the neutral 50 mark. Traders are cautiously optimistic, with many eyeing a breakout as a signal to enter long positions.
However, failure to maintain support at $0.31 could invalidate the bullish setup, pushing the price toward the next support at $0.25. The market remains on edge, and traders are waiting for confirmation of direction in the coming sessions.
Traders Turn To Viral Meme Coin Catslap (SLAP) As“Megaburn” Event Nears
As the popcat price surges, traders are also turning to the viral meme coin Catslap (SLAP), best known for a viral game in which players earn crypto for slapping characters.
Despite being a relatively new meme coin, Catslap has already made its way onto exchanges and decentralized platforms, providing easy access for investors.
Unlike presale projects that are still awaiting listings, Catslap offers the advantage of immediate liquidity. Currently, in a consolidation phase, Catslap’s price remains well above its initial coin offering (ICO) price, allowing early investors to retain significant profits.
Slap squad this is the need to know info 🔥
1. Staking rewards are done
2. Claim your leftover tokens NOW
3. Unclaimed tokens get burned on Feb 14th
4. All extra $SLAP in the rewards pile? Burnt too pic.twitter.com/UzuGKJ7j96— Catslap (@CatSlapToken) February 10, 2025
With its highly anticipated “Megaburn” event set to take place in less than a day, speculation is mounting over another potential rally. Previous burns have triggered significant price surges, and token burns always put upward pressure on prices.
Crypto influencer Jacob Crypto Bury, with over 45k YouTube subscribers, predicts that SLAP could be the next 100X meme coin.
Catslap has strengthened its market position through a strategic partnership with Best Wallet, one of the fastest-growing crypto Web3 wallets. This collaboration exposes SLAP to the wallet’s over 250,000 monthly active users.
Currently trading at $0.0011226, SLAP is available for purchase using ETH, USDT, or a bank card.
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Catslap (SLAP) - New Cat Meme Coin On Ethereum
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