$POPCAT on Solana
All time high: 2.1billion
Current: 425million
Target: 3-4billion
Meta: Top cat coin of this bullrun, top cat coin on solana, huge meme with huge growing community. Very importantly it is one of Murads Top picks and the king of cats in a catcoin bullrun.
Additionally popcat as a standalone meme on socials is a huge attention economy and cult icon. Its certainly a contender for 2024 and into 2025 as a top meme.
Additionally it has survived 9 major price waves and over 13months (over 1 year!) of trade/price action for which it has trended up!
Bullish Case (refer to charts):
- 11 week bullflag consolidating
- Deep retracement to strong support area (refer to triple bottom of prior wave)
- Divergence on steadily rising RSI vs Declining price
- high quality R:R worst case level 225mil with likely push toward 3billion on next bullish break out making for 1:14 ratio
Chart 1: close view on the daily
Chart 2: zoom out of same chart
Chart 3: close up of bullflag/buy zone
Anything under 500mil marketcap is a bargain, this is a local bottom likely to see a big wave moevment toward the 3bill area and possibly more. Patience will be rewarded for this trade.