Will Popcat’s price break $1.50 again soon? Popcat (SOL) is priced at $1.39 USD, with a 24-hour trading volume of $116,669,782 USD, sparking interest in the Popcat price prediction for the near future.
- Last week, as Bitcoin surged and ended its four-month slump, Popcat reached an all-time high (ATH) of $1.50 but soon dropped back to $1.37, facing some market pullbacks.
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At the same time, Dogecoin (DOGE) saw a massive 30% jump to $0.15, attracting many investors looking to diversify away from Bitcoin.
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However, a report by AMBCrypto suggests that DOGE may be overheating and could face a correction soon, which might shift more attention toward Popcat.
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Exactly a week ago, when Popcat dropped to a local low of $1.23, traders withdrew $4 million worth of tokens from exchanges, indicating the start of an aggressive accumulation phase.
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This accumulation was likely driven by fear surrounding DOGE’s quick gains and the possibility of it losing momentum.
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Traders have strategically shifted their focus to Popcat, hoping to benefit from DOGE's potential dip while riding on Popcat's growing popularity.
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With these market dynamics, Popcat is emerging as a key contender in the memecoin space, and its future looks promising despite recent price fluctuations.