Solana meme coin POPCAT value has once more secured a distinguished mark on crypto merchants’ and buyers’ radars, pumping 22% amid a serious itemizing. Notably, because the crypto trade large 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 trade behemoth Coinbase has unveiled a stockpile of listings for the Solana meme coin not too long ago. Based on an X publish on February 7, Coinbase has added the token to its spot itemizing roadmap. This measure stays poised to reinforce the asset’s market publicity, paving a bullish path for future actions.
Furthermore, the highest crypto trade has additionally revealed a perpetual contract launch for the meme Coin in one other X publish 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 Development
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 misplaced alarming quantities up to now seven days, with the flagship crypto even hitting a $95K low.
However, 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 at present 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 optimistic market sentiment for the asset. Coinglass knowledge 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 skilled TraderSZ took to X, sparking additional optimism on the Solana meme coin with current feedback. Based on the market skilled, “POPCAT bouncing properly, anticipating the opposite SOL memes to do comparable quickly so long as BTC and sol behave.”
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Disclaimer: The offered content material might embrace the non-public opinion of the creator and is topic to market situation. Do your market analysis earlier than investing in cryptocurrencies. The creator or the publication doesn’t maintain any accountability on your private monetary loss.
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