Key Points

POPCAT’s price surged by over 12% today.
The Solana-based token reached a market cap of almost $690 million.

The price of POPCAT meme coin surged by over 12% today, reaching prices above $0.7. At the moment of writing this article, POPCAT has a total market cap of almost $690 million.

Earlier today, POPCAT’s price reached levels above $0.73 and its trading volume is currently almost $73 million, up by over 30% in 24 hours.

The team behind POPCAT shared a post via their X account, telling followers to study resilient communities that are growing on dips.

They also shared data revealing that POPCAT had 57,966 holders on August 1, according to info from Holderscan.

The team behind POPCAT also referred to the 2024 Olympics competition Turkish participant Yusuf Dikeç who offered a masterclass in nonchalance during the air pistol mixed team competition this Tuesday, going viral for it, as CNN notes.

POPCAT noted that he’s a cat person and people should not be bearish about the cat-based meme coin.

POPCAT is now available for buying on the Bybit crypto exchange. The team behind the project made the listing announcement of the token on Bybit Spot on June 21.

New Meme Coin Frenzy

Recently, meme coins triggered increased attention in the crypto markets with the rise of Neiro meme coin.

Neiro on Ethereum came into the spotlight when the crypto community witnessed the announcement of the owner of the Doge meme inspiration. She revealed that she had adopted a 10-year-old rescue Shiba Inu named Neiro.

This announcement sparked the creation of multiple Neiro-inspired meme coins, and despite the heated battle between the Solana tokens, Neiro on Ethereum was the winner.