Popcat Price Prediction: POPCAT Pumps 24% In A Week As Experts Say Consider This Vote-To-Earn Meme Coin For 10X Gains
The Popcat price has surged 24% in the past week after climbing 2% in the last 24 hours to trade at $1.70 as of 3.20 a.m. EST on trading volume that dropped 18% to $183.44 million.
The token spent most of the last seven days fluctuating between a support at $1.40 and a resistance at $1.60, only to break this barrier in the early hours of Tuesday, Oct. 29.
POPCAT and DOGE are the joint top-performing meme coins among the top 10 largest meme coins by market capitalization in the past week.
Popcat Price Prediction
The big question now is what will happen to POPCAT moving forward. Right now, the meme coin market is seemingly experiencing another correction, with all meme coins trading in the red on an hourly basis. When it comes to weekly performance, some are in the red, while others remain in the green, although by a fairly small percentage.
POPCAT is seeing a discrete price correction as well, although it remains in the green for the time being. Still, its price has dropped to the lower of the two Bollinger bands, while the bands themselves remain fairly narrow, suggesting a bearish outlook.
In fact, the last 12 hours have seen the price fluctuate mostly between the lower band and the middle area between the two lines, with only a single increase that pushed the price up to the upper band, which also ended fairly quickly, and it dropped back down.
Then, there’s the project’s Relative Strength Index (RSI), which went from the overbought area yesterday afternoon to fluctuating between the oversold and neutral zones since then.At the time of writing, however, the RSI is starting to grow again, currently in the neutral zone, after increasing form the value of 40 to 48.
This suggests that the traders are starting to buy again with the start of the new day, which indicates a potential change in trend for the wider market. Popcat is one of the best performers among the largest meme coins, both now and over the past several months, so if a trend is reversing back to bullish, it may mean that this meme coin will see a stronger performance than its peers.
However, given how volatile the crypto sector has been in the past few weeks, traders should be ready for sudden shifts in the price’s behavior, or pick a less delicate alternative that could provide them with peace of mind.
Promising Alternative To Popcat
Investors looking for bullish alternatives might turn to a new meme coin presale known as Flockerz (FLOCK).
This is a new project that created a brand new and unique model called Vote-To-Earn (V2E), and its innovative nature is what put the project on many investors’ radar.
Essentially, V2E is a model that aims to encourage FLOCK token holders to participate in the project’s governance. Flockerz has noted that many decentralized cryptos are becoming more and more centralized as their token holders lose interest in participating in voting and decision-making since it is all about background processes and minor decisions most of the time, which have no real impact on the user.
That leaves projects in the hands of small minorities, which goes against the main idea behind community governance. Flockerz’s solution is to incentivize token holders to vote on proposals.
In addition, the project offers annual rewards of 1,466% on staked FLOCK tokens.
YouTuber TodayTrader, who has over 12k subscribers, predicts 10x gains from the token after launch.
FLOCK tokens sell for $0.0058862 apiece currently, and can be bought with ETH, BNB, USDT, or credit/debit cards.
Anyone interested in joining investors who have pumped over $1.15 million into FLOCK should buy before a price hike in less than 24 hours.
Visit FLOCK here.
Related Articles:
- How to Buy Flockerz – $FLOCK Presale Review
- Earn While You Vote: FLOCKERZ Brings Power to Its Community
- New Meme Coin Flockerz Blasts Past $700K In Presale As ‘Uptober’ Ignites
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