Popcat, a Solana community cryptocurrency, leads the weekly rise of memecoins within the high 100 by market capitalization.
Prior to now 7 days, the digital asset whose icon is a kitten named Oatmeal Its value has risen by greater than 35% since was listed on Krakena cryptocurrency change.
Because the announcement, the Solana community memecoin’s value has risen from $0.703 to $0.95.
On the time of publication of this be aware, the worth of popcat is $0.91, 8% under the all-time excessive (ATH) of $0.99.
For the time being, Popcat’s market cap is over $884 millionmaking it the seventh largest memecoin, above Brett, the Base Chain asset.
As CriptoNoticias already reported, Meme cryptocurrencies are belongings that pay tribute to a petpolitical determine or occasion.
Usually, They’re used for monetary hypothesisso their costs can rise or fall in a matter of minutes and in an unpredictable manner. As well as, their utility is virtually zero.
Within the case of Popcat, it’s a memecoin that pays homage to the sport that went viral on the Web in 2021. In it, gamers need to click on on the cat’s mouth in order that it opens like a giant O and, on the identical time, emits a sound just like a “pop.” With every click on, the counter provides factors.
On this regard, PopCat’s official web site explains that “it’s a meme foreign money with no intrinsic worth or expectation of economic return” and clarifies that it’s an act “solely for leisure functions.”
