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Cat-based Meme Coins To Dominate The Upcoming Altcoin Run?

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Credit : coinpedia.org

The Cat-based memecoins have taken the memecoin class by storm in current months. Will the rising adoption of cat-based memecoins result in these altcoins dominating the memecoin mania within the close to future?

Moreover, traders are interested in questions like: is that this the fitting time to stack some cat tokens or is it already too late? On this article, we mentioned the short-term worth evaluation of the preferred cat-themed memecoins!

Popcat (SOL) POPCAT

Leaping ~18% up to now day, the POPCAT memecoin has efficiently registered a brand new all-time excessive of $1.66 with a 24-hour buying and selling quantity of $203.87 million. Moreover, the value has risen 77.68% over the previous month, indicating elevated worth motion.

Popcat Price Analysis October 24, 2024

The Shifting Common Convergence Divergence (MACD) has proven a pointy improve within the inexperienced histogram. Furthermore, with the averages displaying a bullish convergence, the POPCAT worth signifies a optimistic outlook for the close to future.

Sustaining the value above the USD 1.590 assist degree would pave the way in which for the value to succeed in its highest goal worth of USD 1.9050 within the close to future. However, a bearish reversal may pull the value to the lows of $1.27.

Interested by Popcat’s long-term worth targets? Learn our Popcat (SOL) worth forecast for potential worth targets!

Cat in a canine’s world (MEW)

The MEW coin worth has elevated by 15.07% within the final 24 hours with a buying and selling quantity of $305.59 million. Furthermore, it has risen 25.26% up to now week and 88.61% up to now month. With a market capitalization of $935.25 million, it has secured the eightieth place.

READ  Billion-Dollar Solana-Based Memecoin Is ‘Going to Zero’ Against Dogecoin, Warns Top Crypto Trader
MEW price analysis October 24, 2024

The Relative Energy Index (RSI) has crossed the overbought vary within the 1D timeframe. Furthermore, the typical trendline constantly helps the MEW worth chart. This means that the meme coin might proceed to achieve worth sooner or later.

If the bullish sentiment continues, it may lead the Cat in a canine world worth to maneuver in direction of the very best resistance degree at $0.0120. Conversely, if a bearish reversal happens, this Solana-based memecoin may check its low of $0.006825.

Mog coin (MOG)

Regardless of a cooldown in worth motion, Mog Coin worth has constantly proven optimistic worth motion. Notably, it added ~5% up to now day and 68.97% up to now month. With a market capitalization of $781.19 million, it has secured the ninetieth place available in the market.

MOG Coin Price Analysis October 24, 2024

The EMA 50/200 day has registered a relentless uptrend on its worth chart. Nonetheless, the MACD indicator exhibits a unfavorable outlook. This highlights a blended worth promotion for the memecoin this week.

Suppose the bulls achieve energy once more, during which case MOG worth will retest its highest resistance degree at $0.00000260. Quite the opposite, if the bears overwhelm the bulls, the Mog coin worth will retest its supportive trendline at $0.00000161.

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