Solana meme coin Popcat (POPCAT) continues to impress crypto investors with its resilience, outperforming other top meme coin projects.
The POPCAT price reached an all-time high of $1.67 earlier today on Thursday, followed by a marginal pullback since. Key indicators suggest that the current upside momentum hasn’t peaked yet, and the meme coin could potentially test the $2 mark in the coming days.
Smart money investors are already looking to go long on meme coins that could potentially be next to explode. Solana ecosystem tokens Dogwifhat and GOAT and the new meme coin Pepe Unchained have emerged as standout choices.
Popcat Price Hits New Peak – How High Can It Go?
Popcat is quickly establishing itself as a blue-chip meme coin. It already has a higher market capitalization than Floki and momentarily flipped Bonk today before a pullback.
Indeed, POPCAT has largely outperformed other large-cap meme coins. For instance, it is up by 25% over the past week while WIF and BONK are both in the red, as of press time.
In fact, the Popcat coin has outpaced other top meme coins in longer timeframes as well, posting the highest gains of any top 10 meme project on CoinMarketCap in the 60-day and 90-day trading periods.
Technical analysts are also enamoured with the Popcat price chart. It continues to hold above its multi-week diagonal trendline, flipped a key resistance and has already created a new all-time high, while its daily and Stochastic Relative Strength Index remains relatively healthy.
Prominent Bybit trader Bluntz projects that POPCAT’s current uptrend hasn’t peaked just yet. Using Elliot Wave Theory, he sees the meme coin hitting the $2 mark in the coming days.
Crypto influencer Murad Mahmudov is even more bullish on the Solana meme coin. He claims that the POPCAT price is still in its accumulation phase, with a parabolic move to come next which could send it to $5.
Dogwifhat and GOAT Could Be The Next Meme Coins To Explode
Popcat’s new all-time high has smart money investors searching for the next meme coins to explode, with Dogwifhat emerging as a standout choice.
The Dogwifhat price has faced considerable selling pressure over the past few days. After creating a local top at $2.92, the WIF price fell to $2.30 in the subsequent days.
However, Bluntz signals that the corrective A-B-C pattern is done and the local bottom is in for WIF. He projects that the top Solana meme coin could now skyrocket to $3.50. Indeed, WIF at $2.50 could be a good investment for sidelined investors and swing traders.
Meanwhile, the new meme coin Goatseus Maximus (GOAT) appears poised to skyrocket to the $1 billion mark, especially after Binance Futures has listed it on its platform.
However, new investors need to be careful with GOAT, considering its Relative Strength Index is now in the overbought territory.
Pepe Unchained Also In High Demand, Experts Call It The Next 100x Crypto
GOAT’s meteoric ascent has put the spotlight back on new meme coins. Indeed, Goatseus Maximus offers a unique utility, being the first meme coin to be promoted by an autonomous AI chatbot, Truth Terminal.
Another new, utility-driven meme coin – Pepe Unchained (PEPU) – is also in high demand, having already raised over $22 million in its ongoing presale.
The project is set to launch its Layer-2 Ecosystem soon, which is also adding to the hype and FOMO surrounding the meme coin. The applications for its developer grants are already open.
Soon, the Pepe Unchained Layer-2 chain will launch new meme coins with extremely low trading costs, instant transactions and advanced analytics, with PEPU at the centre of it all. The ecosystem will also feature custom DEX, ETH-PEPU bridge and a native staking protocol.
Unsurprisingly, smart money investors are bullish on PEPU’s upside potential. A growing number of experts have been calling it the next 100x crypto, especially considering it will launch in the midst of a meme coin supercycle.
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Source: https://en.cryptonomist.ch/2024/10/24/popcat-price-hits-new-all-time-high-experts-predict-these-meme-coins-are-next-to-explode/