As Bitcoin surged past 58K, Popcat (on-SOL) has gained significant momentum, now ranking among the top 100 tokens by market capitalization. Currently valued at $631 million, it has seen a decline from its all-time high of nearly $1 billion.
Over the past month, POPCAT’s price has fluctuated between $0.49 and $0.75, reflecting considerable volatility. Despite this, the token remains substantially higher than its initial launch price, achieving a 40x increase since February.
As of today, September 13th, Popcat is priced at $0.6434 with a 24-hour trading volume of $96.334 million. The price has risen by 12% in the last 24 hours.
Analysts suggest a potential 40% price increase, with the possibility of rebounding to the $1.0 range if market conditions improve.
If the Solana ecosystem strengthens, Popcat (on-SOL) could revisit its previous all-time high and potentially reach a new peak of $1.30 in 2024. Conversely, if the market turns bearish, the price might drop to key support levels of $0.480 and $0.429.
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