POPCAT is back in the spotlight—climbing over 15% in just 24 hours—as smart money investors fuel a rally that could push the memecoin toward the $0.70 mark.
As of May 8, POPCAT is trading around $0.45, after becoming the most bought token among smart money wallets, according to tracking platform Stalkchain. The surge highlights growing interest in high-potential memecoins with solid momentum.
💰 Breakout Rally in Full Swing
POPCAT’s current rally traces back to April 24, when it broke out of a months-long consolidation zone between $0.20 and $0.34. After that breakout, the price hit $0.39 and then quickly surged to an intraday high of $0.45 the next day.
Since then, POPCAT has gained over 32%, despite some choppy price action. But with the latest surge, the token has now closed above $0.45 with conviction—setting up for a potential continuation.
📈 Bullish Technical Setup
On the technical side, POPCAT is flashing bullish signals:
- It’s been trading above both the 20-day EMA and the 50-day SMA since before the breakout.
- A bullish crossover—where the 20-day EMA crossed above the 50-day SMA—occurred around April 11, right as the token printed its first higher high since its $2.07 ATH in November.
These patterns suggest strong momentum and support from buyers, especially larger, more informed investors.
🔍 What’s Next? Watch $0.50 and $0.70
The next big test for POPCAT is the $0.50 psychological level. If it can break and hold above that, analysts expect a quick run toward $0.70—a price zone that acted as strong support and later resistance back in late 2024 and early 2025.
