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The Popcat price surged 16% in the last 24 hours to trade at $0.6216 as of 03:50 a.m. EST on trading volume that plunged 92% to $95 million.
Popcat Price Aims For A Continued Bullish Trend
The Popcat price is currently showing a strong bullish trend after buyers regained control near the $0.4826 support level, pushing the price into a markup phase. The rounding bottom pattern further confirms this bullish momentum, according to data from GeckoTerminal.
Popcat is now trading above both the 50-day and 200-day Simple Moving Averages (SMAs), signaling robust upward momentum.
Additionally, the Relative Strength Index (RSI) is at 66 and approaching the 70-overbought region, indicating strong buying pressure.
The Moving Average Convergence Divergence (MACD) is also in positive territory, with the blue MACD line crossing above the orange signal line, confirming a bullish trend.
The RSI and MACD indicate that Popcat is currently on a strong upward trend. If the bulls maintain this momentum, the price could continue rising, with a target of $0.7000 in sight.
However, a death cross has formed at $0.5617, as the 200-day SMA has crossed above the 50-day SMA, which is often seen as a bearish signal despite the ongoing bullish trend. If market conditions turn bearish, Popcat’s price could fall back to its next support level at $0.5697 (50-day SMA).
Meanwhile, a whale investor has bought into the new meme token Crypto All-Stars (STARS) as the project readies the launch of its MemeVault protocol.
Crypto YouTuber Jacob Bury, who has over 42K subscribers, says that $STARS has the potential to soar 10X following its launch.
Crypto Whale Invests $50K in STARS – Best Meme Coin To Buy Now?
The Crypto All-Stars continues gaining traction in the meme coin space, surpassing the $1.1 million mark. The growing attention was evident yesterday when an investor purchased $50K worth of $STARS tokens.
C͏rypto A͏ll-Sta͏rs is ͏maki͏ng wa͏ves ͏a͏s the world’s first Mem͏eVault Ecosystem,͏ uniting top͏ meme c͏oins u͏nder one roof. It ͏offers a revolutionar͏y s͏taking platform where users can sta͏ke th͏eir ͏toke͏ns a͏nd ea͏r͏n.͏
What Is Crypto All-Stars?
Crypto All-Stars is set to revolutionize the meme coin sector with its innovative ‘Meme Vault’ platform. 💥
This is more than just another meme coin – it's an entirely new way to interact with the meme coin ecosystem!
— web3telepath (@web3telepath) August 15, 2024
At the ͏hea͏rt͏ o͏f C͏rypt͏o All-St͏a͏rs is the Me͏meVault, a g͏rou͏ndb͏reaking͏ sta͏king platform͏ for mem͏e coin ͏holders. Users will be able to stake their assets ͏and earn $͏ST͏ARS tok͏e͏ns͏.
The meme coins that can be staked on Crypto All-Stars will include Pepe Coin, Dogecoin, Shiba Inu, Floki Inu, Brett, MogCoin, Milady, Turbo, Toshi, Coq Inu, and Bonk. More meme coins will be added in the coming months.
You can also buy and stake $STARS for an annual percentage yield (APY) of 1,248%.
STARS is selling currently for $0.0014362. With a price increase coming in less than 3 days, act soon to get the meme coin at the best possible price.
Purchase $STARS from its official website here using BNB, USDT, or a bank card.
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