$POPCAT Soars Following Binance And KuCoin Listings, Echoes WIF’s Meteoric Rise
On this planet of memecoins, Popcat ($POPCAT) is basically the most modern sensation, mirroring the explosive performance of WIF, which skyrocketed by 800% after its Binance USD-M itemizing.
With a entirely diluted valuation (FDV) of $410 million, WIF set a high bar. Now, Popcat, with a $500 million FDV, appears poised to apply suit.
WIF pumped 800% after its Binance USD-M itemizing.
It had a $410M FDV.
Binance steady supplied the same form of itemizing to Popcat.
It has a $500M FDV.
Very attention-grabbing indeed. pic.twitter.com/WFnpahL2F5
— gumshoe (@0xGumshoe) August 22, 2024
Binance Launches $POPCAT Perpetual Contract With Up To 75x Leverage
Recently, Binance supplied the birth of $POPCAT perpetual contracts with as a lot as 75x leverage, triggering a surge of over 30% within the price of Solana’s memecoin.
🚨 JUST IN: Solana memecoin $POPCAT surged over 30% as @binance announces plans to checklist POPCAT perps with as a lot as 75x leverage. pic.twitter.com/nk2Z0O1Pk3
— SolanaFloor (@SolanaFloor) August 22, 2024
This rally change into further fueled by a foremost whale transaction, the set 39,816 SOL (approximately $5.73 million) change into withdrawn from Binance to buy 10 million $POPCAT.
Crazy shopping of $POPCAT!
After #Binance supplied the birth of $POPCAT perpetual contracts, a whale withdrew 39,816 $SOL($5.73M) from #Binance to buy 10M $POPCAT!https://t.co/smN6cNogIo pic.twitter.com/E3zMHy6Qoh
— Lookonchain (@lookonchain) August 22, 2024
The twin itemizing of $POPCAT on Binance and KuCoin, two of the enviornment’s leading cryptocurrency exchanges, has opened the floodgates to thousands and thousands of doable investors and billions in liquidity. This transfer deal increases the exposure and accessibility of $POPCAT, positioning it for a doable breakout within the memecoin market.
Because the memecoin supercycle continues, it’s evident that the momentum stays actual. The marketplace for these speculative resources is far from cooling down, with $POPCAT’s swiftly upward thrust serving as a testomony to the continuing enthusiasm among traders and investors alike.
Disclosure: Right here is no longer shopping and selling or investment advice. Continually perform your research ahead of shopping any cryptocurrency or investing in any products and companies.
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