Cat-themed Popcat Tumbles Over 8% — Dogecoin, Shiba Inu, Pepe Little Changed
Portfolio Pulse from Aniket Verma
Popcat, a Solana-based memecoin, fell over 8% despite being the year's biggest gainer, while other memecoins like Dogecoin, Shiba Inu, and Pepe remained stable. The broader cryptocurrency market was choppy, with no significant changes.
August 30, 2024 | 6:23 am
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Popcat, a Solana-based memecoin, experienced a significant drop of over 8%, impacting Solana's ecosystem. Despite this, Popcat remains a top performer this year.
Popcat's significant drop could affect Solana's ecosystem as it is based on Solana. The drop might lead to short-term negative sentiment towards Solana-related assets.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70