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- POPCAT leads the top gainers list, outperforming meme tokens like PEPE and WIF.
- POPCAT’s consistent top performance highlights growing enthusiasm for meme tokens, positioning it for potential gains in the next bull run.
Following the publication of U.S. Non-Farm Payroll (NFP) data on Friday, the cryptocurrency market is still strong and maintains its optimistic structure underled by Bitcoin (BTC) and extending into the meme industry. The market has responded favorably; specifically, meme tokens are seeing a big rise.
POPCAT Leads the Top Gainer List, Outshining Rival Meme Tokens
Rising by 26.48% over the last 24 hours to reach $1.25, POPCAT, a meme token, stands out among the top 100 cryptocurrencies by market cap. This outstanding performance has shot the cat-themed token to the top of the top gainers list for today. Dogwifhat (WIF), another meme token, follows closely with an 8.85% rise, ranking fifth.
The fact that POPCAT has not been the first to take front stage makes this event much more interesting. According to CNF, it ranked highest on the daily top gainer list earlier in September, surpassing top meme token rivals including PEPE, WIF, and BONK.
Not only that, early August also saw POPCAT stir waves when it once again ranked the top gainers list, surpassing other cat-themed tokens, like MOG and MEW, in market cap.
POPCAT’s ability to regularly top the gainer rankings reflects the increasing curiosity and excitement among investors for this new arrival in the meme token scene. Particularly since it keeps reaching a new all-time highs (ATHs), the recurring success of this coin reveals the strength of investor trust.
Assuming no significant fundamental events distort the larger crypto market, some investors believe POPCAT could set even higher ATHs in the next bull run, particularly with the expected “Uptober” trend.
Investors are closely monitoring POPCAT with this recent ATH, anticipating it will stay on its bullish trend as the crypto market gets ready for maybe positive events.