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POPCAT on Track for $5? Murad Points to Strong Fundamentals and Growth

source-logo  crypto-news-flash.com 23 October 2024 09:38, UTC
  • Murad predicts POPCAT could surpass a $5 price due to its strong fundamentals and organic growth.
  • Murad Mahmudov, now a meme coin expert, highlighted the “meme coin supercycle” at Token2049 in Singapore.

In 2024, meme coin investments surged in popularity, largely driven by influencers like Murad Mahmudov, who made waves with his bold predictions for tokens like POPCAT. Murad, a well-known figure in the crypto space, transitioned from being a staunch Bitcoin maximalist to one of the leading voices in meme coin investments.

His influence grew significantly after he introduced the concept of the “meme coin supercycle” during his keynote speech at Token2049 in Singapore. In this speech, Murad predicted massive gains for several meme tokens, particularly those with feline themes, such as POPCAT.

Murad Highlights Key Drivers Behind POPCAT Potential Surge to $5

Murad’s recent comments have reignited interest in POPCAT, with him emphasizing several key factors driving its rise. According to a Murad tweet, the POPCAT price could soon surpass $5 due to its strong fundamentals, including its leadership in the meme token space, its clear feline branding across the ticker and logo, and its organic growth within the crypto community.

He also referenced a prophecy popularized by another crypto figure, GCR, which predicts that cat-themed tokens will dominate, particularly in Asia.

$POPCAT to $5 soon.

1. Clearly the Cat Leader
2. Clearly Cat in the Ticker
3. Clearly Cat in the Logo
4. Clearly an Organic coin
5. GCR’s Cats + Asia prophecy pic.twitter.com/7qmmadWNgJ

— Murad 💹🧲 (@MustStopMurad) October 22, 2024

Murad’s influence has been instrumental in driving the narrative around meme coins in 2024. His shift from Bitcoin-focused investments to a broader meme coin strategy has made him a key player in shaping market trends.

By October 2024, Murad’s strategic insights and sharp analysis have made him one of the most popular meme coin investors, with predictions that often move markets.

At the time of writing, POPCAT is trading at about $1.38, having gained 1.17% over the last 24 hours and 13.56% over the last week. Its current market cap stands at around $1.35 billion, positioning it as one of the top meme tokens in circulation.

Meanwhile, as we previously reported, crypto pundit Andrew Kang also predicted a strong rally for cat-themed meme tokens, with POPCAT expected to lead the surge.

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