Solana meme coin POPCAT value has once more secured a distinguished mark on crypto merchants’ and buyers’ radars, pumping 22% amid a significant itemizing. Notably, because the crypto change big Coinbase expanded commerce choices for the token, a bullish market sentiment bubbled in. As a response, the meme coin’s value has defied the present broader market’s unstable development, buying and selling dominantly within the inexperienced.
POPCAT Worth Jumps Amid Coinbase Listings
The crypto change behemoth Coinbase has unveiled a stockpile of listings for the Solana meme coin not too long ago. In line with an X put up on February 7, Coinbase has added the token to its spot itemizing roadmap. This measure stays poised to boost the asset’s market publicity, paving a bullish path for future actions.
Furthermore, the top crypto exchange has additionally revealed a perpetual contract launch for the meme Coin in one other X put up on February 6. As an upshot, merchants and buyers are bullishly eyeing POPCAT value, because it already soars while the improved choices additional present heightened cash influx to the token’s ecosystem.
Cat-Themed Coin Defies Broader Crypto Market Pattern
In the meantime, it’s noteworthy that the crypto market took a extreme hit this week in mild of the Donald Trump tariff saga. Bitcoin and altcoins lost alarming quantities previously seven days, with the flagship crypto even hitting a $95K low.
Nonetheless, POPCAT’s value has defied this broader waning motion, buying and selling dominantly within the inexperienced amid main listings. The meme coin additionally showcases sturdy on-chain metrics within the interim, fueling additional market optimism.
POPCAT Worth Shoots Up 22%
On the time of reporting, POPCAT value witnessed a exceptional 22% uptick and is presently sitting at $0.2730. The meme coin’s intraday high and low have been $0.2056 and $0.2737, respectively. Notably, the present uptrend aligns with Coinbase’s listings.
Additional, even the derivatives market noticed renewed curiosity, signaling a constructive market sentiment for the asset. Coinglass data revealed that the coin’s futures OI jumped 28% to $148.90 million. Furthermore, the derivatives quantity shot up by practically 150% to $728.53 million. In flip, market watchers proceed to bullishly eye the token’s future actions.
Additionally, famend market professional TraderSZ took to X, sparking additional optimism on the Solana meme coin with current feedback. In line with the market professional, “POPCAT bouncing properly, anticipating the opposite SOL memes to do comparable quickly so long as BTC and sol behave.”
Coingape Workers
CoinGape contains an skilled staff of native content material writers and editors working around the clock to cowl information globally and current information as a truth slightly than an opinion. CoinGape writers and reporters contributed to this text.
Disclaimer: The introduced content material could embrace the private opinion of the writer and is topic to market situation. Do your market analysis earlier than investing in cryptocurrencies. The writer or the publication doesn’t maintain any accountability in your private monetary loss.
✓ Share: