The post Cat-based Meme Coins To Dominate The Upcoming Altcoin Run? appeared first on Coinpedia Fintech News
The Cat-based memecoins have taken over the memecoin category by storm over the past few months. Will the increasing adoption of cat-based memecoins result in these altcoins dominating the memecoin mania during the upcoming time?
Further, investors are curious about questions like whether is this the right time to stack some cat tokens or if is it too late. In this article, we have covered the short-term price analysis of the top trending cat-themed memecoins!
Popcat (SOL) POPCAT
With a jump of ~18% in the past day, the POPCAT memecoin has successfully recorded a new All-time High of $1.66 with a 24-hour trading volume of $203.87 million. Moreover, it has surged 77.68% during the past month, indicating increased price action.
The Moving Average Convergence Divergence (MACD) has displayed a sharp rise in the green histogram. Further, with its averages recording a bullish convergence, the POPCAT price hints at a positive outlook in the coming time.
Maintaining the price above its support level of $1.590 would set the stage for it to head toward its upper target price of $1.9050 during the upcoming time. On the flip side, a bearish reversal could pull the price toward its low of $1.27.
Curious about Popcat’s long-term price targets? Read our Popcat (SOL) Price Prediction for potential price targets!
Cat in a dogs world (MEW)
The MEW coin price has jumped 15.07% in the past 24 hours with a trading volume of $305.59 million. Furthermore, it has added 25.26% over the past week and 88.61% during the past month. With a market capitalization of $935.25 million, it has secured the 80th position.
The Relative Strength Index (RSI) has breached its overbought range in the 1D time frame. Moreover, its average trendline is constantly supporting the MEW price chart. This suggests that the meme coin may continue to gain value in the future.
If the bullish sentiment sustains, this could result in the Cat in a dogs world price heading toward its upper resistance level of $0.0120. Conversely, if a bearish reversal occurs, this Solana-based memecoin could test its low of $0.006825.
Mog Coin (MOG)
Despite a cool-off in the price action, the Mog Coin price has constantly displayed a positive price action. Notably, it has added ~5% in the past day and 68.97% during the past month. With a market cap of $781.19 million, it has secured the 90th position in the market.
The EMA 50/200-day has recorded a constant uptrend in its price chart. However, its MACD indicator has displayed a negative outlook. This highlights a mixed-price action for the memecoin this week.
Suppose, the bulls regain momentum, in that case, the MOG price will retest its upper resistance level of $0.00000260. On the contrary, if the bears overpowered the bulls, the Mog coin price will retest its support trendline of $0.00000161.
