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wouldn’t be surprised if $popcat did $10 when it pops. I view it’s current state since march as an accumulation period. It’s been 6 months.
Digital coins displayed bullish signals on Tuesday as the global cryptocurrency market cap increased by 3.20% within 24 hours to $2 trillion.
That reflected solid recoveries from the latest bearish slide, which dumped Bitcoin to $52.8K on September 7.
While cat-themed meme tokens top the charts with robust trading volumes and market cap increase (according to CoinMarketCap), Trust Wallet Token ($TWT), Utrust (URK), and Wings (WINGS) attracted attention with substantial bounce-backs.
Trust Wallet Token jumps 4.6%
$TWT joined the broad market revival, climbing from the daily low of $0.8152 to $0.8528, translating to a 4.61% 24-hour increase.
The alt trades at $0.8485 at press time, with a 10% uptick in daily trading volume, signaling amplified investor enthusiasm.
Source – Coinmarketcap
Trust Wallet Token’s surges mirror improved sentiments in the crypto sector, and its upcoming trajectory will rely on the overall market performance.
$TWT is a utility coin that offers Trust Wallet users various incentives, including discounts when using decentralized exchanges (DEXs) and in-app crypto purchases.
Trust Wallet is a mobile crypto wallet that supports multiple digital tokens on TRON, Binance, and Ethereum blockchains.
Utrust bounces back
UTK witnessed wild fluctuations over the past week, which left it down nearly 2% on its 7-day chart. However, the alt traded in the green today after gaining 4.65% in the past 24 hours.
Source – Coinmarketcap
UTK changed hands at $0.04518 during this writing, with $22.59M in market cap. The 20% surge in daily trading volume and enhanced broad market sentiments support continued upswings for UTK in the near term.
WINGS gains 5%
Ethereum-based token Wings jumped 4.88% from the daily low of $0.001848 to $0.001932 over the past day. The altcoin trades at $0.001907 during this writing, ready to extend its near-term surges.
Source – Coinmarketcap
Cat-themed cryptos lead the rally
While bulls dominated the digital currencies landscape, top cat-based meme coins recorded substantial jumps.
The market cap of cat tokens increased by 10% the previous day to $1,867,001,638, whereas the trading volume skyrocketed 70% to $326.66M in that timeframe.
Popcat, TOSHI, GINNAN, and Nubcat gained up to 40% over the previous day. $POPCAT has outperformed lately, and some analysts expect stable surges after prolonged accumulation.
r/JustEnjoy believes $POPCAT has what it takes to explode from its current price to $10, which would mean an over 1,600% increase. Today’s crypto market performance reflects renewed strength after the latest bearish movements.
Nonetheless, bulls should ensure enough momentum for sustained gains as September remains a wild month for digital assets, with bears having the upper hand.
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