Popcat Price Soars 37% As Traders Buy Rival ICO For 10x Gains

The Popcat price has soared 37% in the last 24 hours to trade at $0.281 as of 9:00 p.m. EST on a 42% plunge in trading volume to $132 million.

The POPCAT price surge follows Coinbase International Exchange’s confirmation that it will add POPCAT, PENGU And MORPHO to its listings roadmap and also introduce perpetual futures for POPCAT, PENGU and Helium (HNT).

Assets added to the roadmap today: Morpho Token (MORPHO), Pudgy Penguins (PENGU), and Popcat (SOL) (POPCAT)https://t.co/rRB9d3hSr2

— Coinbase Assets 🛡️ (@CoinbaseAssets) February 7, 2025

The new perpetuals futures contract POPCAT-PERP is scheduled to go live on February 13 at 9:30 AM UTC. This move is part of Coinbase’s broader strategy to expand its derivatives market, which could enhance liquidity and trading volume for the listed tokens.

@CoinbaseIntExch will add support for PENGU, Popcat, and Helium perpetual futures on Coinbase International Exchange and Coinbase Advanced. The opening of our PENGU-PERP, POPCAT-PERP, and HNT-PERP markets will begin on or after 9:30 am UTC 13 FEB 2025. $PENGU $POPCAT $HNT pic.twitter.com/RDn3VBjhTU

— Coinbase International Exchange 🛡️ (@CoinbaseIntExch) February 6, 2025

The pump in the POPCAT price came even as influencer Martin Shkreli, with almost 295k followers on X, urged traders to sell or short POPCAT.

also sell/short $POPCAT. this dead meme retard shit is still worth $200m despite $8m in the “liquidity pool”. meaning if holders tried to sell it all there would be only 8m to pay everyone 😂😂😂

— Martin Shkreli (@MartinShkreli) February 6, 2025

Popcat Price Signals A Bullish Trend Reversal Within The Channel

The POPCAT/USDT trading pair has been stuck in a prolonged downtrend, with prices sliding within a well-defined bearish channel since mid-November 2024. After reaching a peak near $2.00, the token has been under continuous selling pressure, pushing it down to its current level of $0.281. However, recent technical signals suggest a trend reversal could be on the horizon.

One key factor fueling speculation of a turnaround is the LuxAlgo cross, a signal that often precedes a shift in momentum. This cross coincides with the price testing a strong support zone around $0.2800, an area where buyers have previously stepped in to defend against further losses.

If bulls manage to hold this level, we could see a breakout from the bearish channel, potentially pushing prices toward the major resistance zone of $0.98 – $1.00. A successful break above this range could set the stage for a rally toward $1.50 – $2.00, reviving bullish sentiment in the market.

POPCATUSDT Analysis Source: Tradingview

Adding to the optimism, the Relative Strength Index (RSI) currently sits at 38.39, creeping close to oversold territory. With the oversold threshold near 32.03, traders watch closely for signs of renewed buying pressure. If the RSI moves above 50, it would further confirm that the downward momentum is weakening, increasing the likelihood of a bullish breakout.

While the possibility of a rebound is gaining traction, the risk of another leg down remains. If POPCAT fails to hold above $0.2800 and breaks below $0.2600, the bearish trend could intensify, pushing prices into unknown territory. Bearish traders will be eyeing this level closely, as a breakdown could trigger a fresh wave of selling.

For now, all eyes are on whether bulls can step up and reverse the trend. With momentum indicators flashing early signs of a shift, the coming days could be crucial in determining the next major move for POPCAT. Will it break free from the overall bearish grip, or is another slump on the way?

Traders Flock To Catslap (SLAP) As Major Token Burn Nears

As the Popcat price struggles to recover, traders are turning to Catslap (SLAP), a rising meme coin linked to a viral web game where players earn crypto by slapping cultural icons.

Catslap is set to undergo a major token burn, a development that frequently triggers a sharp price increase as supply is reduced.

SLAP remains in a consolidation phase but continues to trade well above its initial coin offering (ICO) price, ensuring strong returns for early investors. With the burn event just five days away, many investors see a prime opportunity, anticipating a supply-driven price surge.

Slapinator: Rise of the Cats 🐱🔥 pic.twitter.com/7HWCrPQ0r8

— Catslap (@CatSlapToken) February 8, 2025

Despite its recent consolidation, Catslap (SLAP) continues to show strong market resilience, trading more than 900% above its presale price. Analysts view this phase as a bullish signal, especially as major exchange listings have contributed to the token’s sustained appreciation.

With the highly anticipated “MEGABURN” event set to take place in just five days, speculation is mounting over another potential rally. Previous burns have triggered significant price surges, and if the broader crypto market turns bullish, SLAP could see huge gains, potentially outpacing meme coin rivals like MEOW and MOG.

Crypto influencer Jacob Crypto Bury, with over 45k YouTube subscribers, predicts that SLAP could be the next 100X meme coin.

Catslap has strengthened its market position through a strategic partnership with Best Wallet, one of the fastest-growing crypto wallets. This collaboration exposes SLAP to the wallet’s 250,000 monthly active users and 500,000 total users.

Currently trading at $0.001062 after climbing 2.2% in the last 24 hours, SLAP is available for purchase directly on the project’s website using ETH, USDT, or a bank card.

Buy SLAP here before the project’s “MEGABURN” event in 5 days.

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Catslap (SLAP) – New Cat Meme Coin On Ethereum

• Listed on MEXC
• Featured on Cointelegraph
• Trending on CoinGecko, DEXTools
• 10,000+ Holders
• Slap To Earn Utility
• Token Burns