Popcat Price Risks Falling As Whale Dumps 10M Coins, What’s Next?

Solana meme coin POPCAT price has defied the current crypto market volatility by extending its weekly rally to over 60%. However, despite remarkable price gains, a crypto whale, also an early buyer of the token, has recently offloaded a whopping 10 million coins to Bybit. On-chain data revealed that this trader constantly dumped massive amounts to date, raising marketwide speculations of a looming price dip for the cat-themed meme coin.