crypto-news-flash.com
- POPCAT and DOGS emerged as the top gainers amid recent crypto market turmoil, showcasing strong resilience.
- Popular trader Lala remains bullish on POPCAT despite recent declines, seeing potential for a rally soon.
In the middle of the recent crypto market volatility, where many assets have experienced huge losses, two meme tokens have emerged as top gainers today. The first is POPCAT, which has experienced the most significant gain among the top 100 cryptocurrencies in the last 24 hours, followed by DOGS, a new meme coin.
At the time of writing, POPCAT has increased 3.05% over the last 24 hours, reaching $0.7159. Its daily trading volume is $119.73 million.
Meanwhile, DOGS’s price has increased by 0.82% over the same time period, reaching $0.001253. DOGS’ daily trading volume has reached $1.043 billion, about 10 times that of POPCAT.
Recently, as we previously reported, a smart trader has made a 400% profit by trading DOGS on the DEX before it was listed on centralized exchanges (CEX). This shows the increasing interest and volatility in the meme token, despite a broader market collapse.
CNF, on the other hand, highlighted POPCAT’s success, pointing out that the cat-themed token frequently topped the daily top gainer lists. This shows that, despite the instability in the major cryptocurrency market, POPCAT continues to attract investor interest.
Adding to the bullish sentiment, popular trader Lala recently voiced confidence in POPCAT’s future, despite its price fall. According to Lala, POPCAT has held its ground at key support levels and stays near the 50 RSI, indicating likely price stability.
Lala also predicted that POPCAT’s price might rise to $0.9377 as long as it does not fall further into the sold area and break numerous important support levels.
$POPCAT long
– key s/r level
– held well during this drop
– h4 FVG tapped
– sitting at 50RSIWhere are the 🐂 pic.twitter.com/2n9D4WOtXW
— Lala (@cryptolalaaaa) August 27, 2024