Launched in December 2023 with a maximum and total circulating supply of 979.97 million and a Fully Diluted Valuation (FDV) of $250.49 million, Solana’s POPCAT makes a notable entrance among tokens with liquidity and easy access.
However, in the last two weeks, POPCAT shows price movement of 37.6% and now trades at $0.264. This reflects current market conditions for experts, thanks to ongoing global tension. During current price movements, POPCAT remains above critical support marks on the charts. Analysts call that a sign that it may retain the potential to hit a price reversal should market conditions change.
Furthermore, this latest drop doesn’t affect the Ichimoku Cloud, which still signals robust bullish tendencies for POPCAT. Therefore, provided that this Solana’s top meme coin can recover, there’s an opportunity for it to grow beyond its resistance range at $0.342.
