Solana meme coins are once again the market’s top gainers – led by Popcat and Dogwifhat.
Popcat recently hit a new ATH, trading at $1.47 before falling slightly.
With meme crypto projects gaining traction, many experts are predicting whether a new meme coin season has begun.
Many potential new crypto projects are being sought after by investors – most notably Pepe Unchained ($PEPU). This frog-themed meme coin is having a very successful presale, having already surpassed the $19 million fundraising mark. Some leading crypto experts are predicting that the coin could see 100x growth in the near future.
Popcat Price Prediction – Will the Bullish Momentum Continue?
Popcat is one of the top-performing crypto projects in this bull run. The most obvious proof is that it has achieved the highest growth among the top 100 cryptocurrencies in the past 30 days, up to 170%.
Other meme coins have also recorded impressive gains – WIF, Bonk and Pepe have increased by 50%, 10% and 30% respectively.
Indeed, Popcat has toppled Floki in terms of market capitalization, and is even preparing to surpass Bonk.
Notably, despite not being listed on Binance or Coinbase, Popcat’s price performance has been impressive. In contrast, Pepe and Dogwifhat are available on Binance’s spot trading market, while Bonk is available on both Binance and Coinbase.
However, the important question now is whether Popcat’s price will continue to maintain its current impressive price momentum? Or will Popcat succumb to the “profit-taking wave” of crypto whales, creating a better opportunity for investors on the sidelines?
Popular investors seem to be backing the possibility of continued price increases. For example, coin investment expert Stephan with 354k followers on X network predicts that the meme coin could skyrocket to $5 sooner than expected.
Similarly, Atlas’ Popcat price prediction suggests that Popcat could potentially reach a valuation of $6 billion, based on all the factors at the moment.
However, alongside the potential, there are still “risks” that investors should not ignore. For example, the Popcat RSI (Relative Strength Index) has entered “oversold” territory on the daily timeframe – currently below 80.
Similarly, the 20-day Commodity Channel Index and the 14-day Williams %R are both giving pretty clear “sell” signals.
Technical analysis shows that Popcat still has a very strong growth momentum. For example, the maximum growth between two consecutive peaks on the Dogwifhat price chart is up to 45%. Considering POPCAT’s most recent peak was $0.96, a 45% growth would put the coin’s next peak at $1.39.
Meanwhile, on the price chart, the maximum growth between two peaks for the meme coin Bonk is 54%. In this scenario, Popcat’s next peak would be $1.48 – the current all-time high for the meme coin.
If the price charts of Dogwifhat and Bonk are any indication, Popcat could see a short-term correction in October, potentially sliding back to its previous all-time high of $0.96.
Meme Coin Supercycle Underway – Will Pepe Unchained Be Next?
Even a small rally in the world’s number one cryptocurrency Bitcoin would be enough to send the entire meme coin niche soaring. Many experts are predicting the next meme cryptocurrency supercycle is here.
In fact, experts believe that institutional investors and hedge funds are still under-exposed to meme tokens and that the FOMO rally is far from over.
With large-cap tokens like Pepe, Popcat, and Dogwifhat constantly setting new ATHs, the crypto community’s attention is now on low-cap coins. And Pepe Unchained (PEPU) is one of the top meme cryptocurrency projects attracting the attention of big investors.
Thanks to strong buying by whales, PEPU’s presale has raised nearly $20 million. This is an impressive achievement for a young meme coin like PEPU.
The recent announcement of the Pepe Unchained Layer-2 ecosystem has only increased the demand for this meme coin.
There are few low-cap meme coins that have unique utility like Pepe Unchained.
The Pepe Unchained ecosystem includes its own Layer-2 blockchain, dedicated block explorer, custom DEX, and generous funding programs for new project developers.
PEPU holders will experience extremely low transaction fees and instant transactions – said to be 100x faster than Ethereum.
PEPU provides this experience without compromising the security or decentralization of the Ethereum core network.
It’s no surprise that top crypto influencers are bullish on Pepe Unchained’s prospects.