NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Bitcoin, Ethereum, Solana Rally Towards All-Time Highs: Top Analysts Share Predictions
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Bitcoin, Ethereum, Solana Rally Towards All-Time Highs: Top Analysts Share Predictions

New Memecoin Popcat Claws Its Way Up, Dominates Top 100 Cryptos With 62% Rally

Christian Encila
Christian Encila
1 year ago
3 mins read
popcat

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Memecoins are an interesting facet of the crypto market. Popcat, a new addition to the long list of memecoins available for investors, has drawn the attention of investors and traders after its price shot up since it was first released on Solana. According to CoinGecko, the token has risen nearly 53% since last week, an incredible achievement for the token. 

Related Reading

Pepe

New ATH Incoming? Expert Says PEPE Poised For ‘Humongous’ Breakout

1 year ago

The rally has been impressive for the meme coin, but the market’s general bearishness cannot be understated. The broader market is down nearly 8% after weeks of continuous bullishness ever since the start of August. The question then is whether Popcat will continue its astonishing rally or follow the consensus of the market. 

Robinhood Announces Support For Solana

Yesterday, the highlight went to Solana after news that Robinhood, a trading platform that caters to crypto enthusiasts as well, announced that it now supports the Solana network. Popcat, being part of the Solana network, will benefit from this it opens the meme coin to retail investors outside the typical crypto space. 

BREAKING: @RobinhoodApp WALLET ADDS SOLANA NETWORK SUPPORT – “YOU CAN SELF-CUSTODY SOLANA TOKENS AND SEND + RECEIVE OVER THE SOLANA BLOCKCHAIN” pic.twitter.com/DVvJmVbb8Z

— DEGEN NEWS (@DegenerateNews) August 27, 2024

With the hype surrounding the token, it was also listed on Rabbit, a crypto trading platform. 

These developments will help Popcat gain more traction despite the market forming a slippery slope as the bears overtake the bulls in the short term. However, investors should be cautious as the bearish consensus in the market might be foresight on what’s to come for Popcat. 

📢RabbitX Listing Announcement 📢

By community request, $POPCAT is now available for trading with up to 20x leverage at https://t.co/wbZb9jUboe

Back the Bunny!

🐰💕🙀 pic.twitter.com/PgQcQgFl8z

— RabbitX 🐇 Get 📲 App Now! (@rabbitx_io) August 27, 2024

Rejection At $0.7172 Shows Downward Trajectory

Despite Popcat’s surprising performance in the past seven days, a flip in investor sentiment might have already occurred within the past couple of days. As it currently stands, the token has been rejected on the $0.7172 ceiling, delaying any hope for the coin’s rally to break through $0.7172. 

SOL is currently trading at $146.8. Chart: TradingView

The token has a strong position though. Sitting between $0.62 and $0.71 places it comfortably on a strong rebound platform that opens the opportunity to retest $1 if the market environment favors the bulls. It also sports a high correlation with Bitcoin which, at the very least, will pull the token upward once the bulls retake their dominance in the long term.

However, the short term remains to be bear territory as the bears continue to halt any progress in the meme coin’s upward trajectory. In this case, bears are eyeing a target of $0.41 in the medium term to secure their gains. 

Related Reading

FLOKI

Floki Bullish Breakout Ignites: Could A 96% Surge Be Next?

1 year ago

On the other hand, the bulls should continue attempting to stabilize the token’s price between $0.62 and $0.71 to prevent the bears from gaining ground in the long term. Investors and traders should also monitor the market’s general movement to prevent further losses. 

Featured image from SolanaFloor, chart from TradingView

Tweet123Share196ShareSend
Christian Encila
Christian Encila

Christian Encila

They say journalists never truly clock out. But for Christian, that's not just a metaphor, it's a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn.

Read more

Christian's journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved the way for a successful stint as an editor at a data engineering firm, where his first-month essay win funded a months-long supply of doggie and kitty treats – a testament to his dedication to his furry companions (more on that later).

Christian then roamed the world of journalism, working at newspapers in Canada and even South Korea. He finally settled down at a local news giant in his hometown in the Philippines for a decade, becoming a total news junkie. But then, something new caught his eye: cryptocurrency. It was like a treasure hunt mixed with storytelling - right up his alley!

So, he landed a killer gig at NewsBTC, where he's one of the go-to guys for all things crypto. He breaks down this confusing stuff into bite-sized pieces, making it easy for anyone to understand (he salutes his management team for teaching him this skill).

Think Christian's all work and no play? Not a chance! When he's not at his computer, you'll find him indulging his passion for motorbikes. A true gearhead, Christian loves tinkering with his bike and savoring the joy of the open road on his 320-cc Yamaha R3. Once a speed demon who hit 120mph (a feat he vowed never to repeat), he now prefers leisurely rides along the coast, enjoying the wind in his thinning hair.

Speaking of chill, Christian's got a crew of furry friends waiting for him at home. Two cats and a dog. He swears cats are way smarter than dogs (sorry, Grizzly), but he adores them all anyway. Apparently, watching his pets just chillin’ helps him analyze and write meticulously formatted articles even better.

Here's the thing about this guy: He works a lot, but he keeps himself fueled by enough coffee to make it through the day - and some seriously delicious (Filipino) food. He says a delectable meal is the secret ingredient to a killer article. And after a long day of crypto crusading, he unwinds with some rum (mixed with milk) while watching slapstick movies.

Looking ahead, Christian sees a bright future with NewsBTC. He says he sees himself privileged to be part of an awesome organization, sharing his expertise and passion with a community he values, and fellow editors - and bosses - he deeply respects.

So, the next time you tread into the world of cryptocurrency, remember the man behind the words – the crypto crusader, the grease monkey, and the feline philosopher, all rolled into one.

Close

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

bitcoin-nouveau-record-de-116k-dollars

Bitcoin franchit un nouveau record de 116K, et Bitcoin Hyper attire les baleines

Lundi 6 octobre – Bitcoin dépasse un nouveau record autour de 116 700 € tandis que Bitcoin Hyper, son Layer‑2 le...

guillaumev 2 hours ago
Crypto

Money Keeps Flowing: Crypto Funds Hit Record $6-B Inflows

Investment flows into crypto exchange-traded products surged to a record level last week, signaling strong demand from large investors. Related...

Christian Encila 3 hours ago
Crypto altcoin news

SwissBorg Founder Predicts Biggest Crypto Altcoin Cycle ‘Of Our Lifetime’

SwissBorg founding partner Alex Fazel believes the market is entering a multi-year, structurally different bull phase that could deliver “generational...

Jake Simmons 5 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Solana

All Eyes On Solana: $15-B Stablecoin Supply, ETF Demand Drive Next Leg Up

Christian Encila 36 minutes ago
giggle-100-millions-snorter-derniere-phase-prevente

GIGGLE dépasse 100 M$ : Snorter Bot Token entre dans la dernière phase de prévente

guillaumev 1 hour ago
Dogecoin

Dogecoin Price Vs. M2 Global Money Supply: The Trend That Points To $1 And $100s Of Billions In Market Cap

Scott Matherson 2 hours ago

Premium Sponsors

Press Releases

  • Három bálna által jóváhagyott altcoin, amelyet érdemes november előtt megvenni

    Három bálna által jóváhagyott altcoin, amelyet...

    4 minutes ago
  • Tri altcoina 'odobrena od strane kitova' koje vrijedi kupiti prije studenog

    Tri altcoina ‘odobrena od strane kitova’ koje...

    59 minutes ago
  • Инвестиране в „Uptober“? Крипто...

    3 hours ago
  • Inwestowanie w „Uptober”? Dział krypto największego...

    3 hours ago
  • Investovať do „Uptober“? Krypto oddelenie najväčšej brazílskej investičnej banky menuje 5 tokenov, ktoré si vyberie

    Investovať do „Uptober“? Krypto oddelenie najväčšej...

    3 hours ago

Newsletter

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.