Date: Mon, Oct 21, 2024, 06:10 AM GMT
The new week kicks off with excitement in the cryptocurrency market as Bitcoin (BTC) crosses $69K and inches closer to the $70K mark. Alongside BTC’s surge, Solana-based memecoins are also gaining significant momentum, with Popcat (POPCAT), Cat in a Dogs World (MEW), and Book of Meme (BOME) emerging as key players. These tokens have shown impressive performance in both weekly and monthly metrics, hinting at a potential rally ahead.
Popcat (POPCAT)
POPCAT has become one of the top-performing memecoins today, surging 10% in the last 24 hours and recording a staggering 55% growth over the past 30 days. With its market cap now at $1.36 billion, POPCAT has outpaced Jupiter (JUP) and Worldcoin (WLD).
Currently trading at $1.39, the token is testing a resistance zone between $1.38 and $1.43. If it successfully breaks through, POPCAT could reach a new all-time high of $1.56, representing an 11% upside from its current price.
Cat in a Dogs World (MEW)
MEW, now the fourth-largest Solana-based memecoin by market cap, has experienced a 34% rally over the last 7 days and a whopping 90% surge in the past month. It’s currently up by 17% today, trading at $0.010.
The token’s latest push follows a successful retest of its $0.0090 breakout level and its listing announcement on Upbit, the leading Korean exchange . With the breakout confirmed, MEW is expected to climb by an additional 25% to 30% this week, solidifying its bullish momentum.
Book of Meme (BOME)
BOME is another rising star in the Solana memecoin space, boasting 40% growth in the last 30 days. On the daily chart, the token recently broke out of a falling wedge pattern, clearing the $0.0074 resistance level.
Now trading at $0.009594, BOME has successfully retested support at $0.0082, setting the stage for a move toward $0.01139—a potential 20% gain from its current price.
Who Will Lead the Rally?
While all three memecoins carries solid upside potential, Cat in a Dogs World (MEW) appears the most promising for now. Its confirmed breakout and retest position it for a significant push in the coming days, making it a key token to watch this week.
Disclaimer: This article is for informational purposes only and not financial advice. Always conduct your own research before investing in cryptocurrencies.
The opinions and market insights shared on CoinsProbe represent the views of individual authors based on prevailing market conditions at the time of publication. Cryptocurrency investments carry significant risk and volatility. Readers are encouraged to conduct their own research and seek professional financial advice before making investment decisions. CoinsProbe and its contributors do not accept responsibility for financial losses or decisions made based on published content.
CoinsProbe may publish sponsored articles, affiliate links, or promotional collaborations. All sponsored material is clearly labeled to maintain transparency with our audience. Our editorial decisions remain fully independent, and advertising partnerships do not influence reviews, rankings, or published opinions.
Since 2023, CoinsProbe has delivered reliable insights on cryptocurrency, blockchain, and digital assets. Our content is created by experienced researchers and analysts who follow strict editorial standards focused on accuracy, transparency, and credibility. Every article is carefully reviewed and verified using trusted sources and current market data. We provide unbiased analysis and timely updates covering everything from emerging crypto projects to major industry developments.
