This breakthrough has captured the attention of crypto enthusiasts, fueling speculation about whether POPCAT could lead the next big memecoin rally. But can it maintain its momentum in a fast-moving market?
Additionally, on-chain data reveals a massive increase in POPCAT’s trading volume, which soared by 47.90% in just 24 hours, reaching $667.89 million at press time. Therefore, the spike in trading activity could serve as a signal that more investors are entering the market, potentially driving the price even higher.Moreover, the Open Interest for POPCAT rose 11.05% in 24 hours until press time, reaching $105.65 million. This reflected a surge in outstanding contracts as more traders are taking positions, both long and short.
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