What is Popcat memecoin? Information about POPCAT Token

Table of Contents

What is Popcat memecoin?

Popcat is a meme coin project developed on the Solana platform, inspired by the famous 2020 “Oatmeal Cat” meme featuring the cat’s “O-shaped mouth.” The meme shows the cat in two different poses: one with a closed mouth and one with an “O-shaped” open mouth, creating a fun visual transition, similar to a “pop” sound. This simple concept made the meme go viral and became the creative inspiration for the Popcat meme coin.

In December 2023, Popcat officially launched as a meme coin in the community.

Why did Popcat attract the community’s attention?

The origin of Popcat

Popcat originated from the online game Popcat Click, a simple game where players click to create the “Pop” sound from the image of the cat. During the Covid-19 pandemic, when people spent more time at home, the game became a light form of entertainment and attracted a large number of players.

By connecting an online game with a meme coin in the Web3 world, Popcat successfully built a vibrant online community, maintaining interaction and increasing its project recognition.

A different approach compared to other meme coins

In December 2023, most of the meme coin community’s attention was focused on dog-themed projects, with the most prominent being Dogwifhat and Bonk – both of which belong to the Solana ecosystem and have a market capitalization of over $1 billion.

However, Popcat chose a unique direction by adopting the Oatmeal Cat image, creating a distinct contrast and sparking curiosity among cat-themed meme lovers.

Attention from Binance

A significant turning point for Popcat occurred on August 22, 2024, when Binance Futures announced the listing of this meme coin. This move drew investor attention, leading to a 30% price increase in just 24 hours, from $0.44 to $0.60.

Although Popcat has not yet been listed on Binance Spot like other meme coins such as BOME, WIF, and BONK, its market capitalization has already surpassed $1 billion, showing its significant appeal.

Similar projects

A meme coin similar to Popcat is MEW, which is also inspired by the cat theme and developed within the Solana ecosystem.

Overview of the POPCAT Token

From its listing until reaching a peak on October 12, 2024, with a market capitalization of $1.5 billion, POPCAT Token increased 4x – a modest number for a meme coin that started from a decentralized exchange (DEX).

Basic information about POPCAT Token

Token Name: Popcat
Token Symbol: POPCAT
Blockchain: Solana
Smart Contract: 7GCihgDB8fe6KNjn2MYtkzZcRjQy3t9GHdC8uHYmW2hr
Listing Date: 3/7/2024
Price (16/10/2024): $1.2
Market Cap: $1.2 billion
Fully Diluted Market Cap: $1.2 billion
Total Supply: 979,978,670
Max Supply: 979,978,670
Circulating Supply: 979,978,670

POPCAT Token allocation and release schedule

Liquidity Pool (93.1%): The majority of tokens are placed into liquidity pools on DEXs to support trading, helping to create stable liquidity and reduce price volatility.
Multisig Wallet (6.9%): Tokens are stored in a multisig wallet, which requires multiple parties’ approval before transactions can occur, ensuring the funds are used correctly and avoiding misuse.

Currently, the entire POPCAT token supply has been fully unlocked.

What is POPCAT Token used for?

POPCAT is mainly used for buying and selling on exchanges.

Where can you buy POPCAT Token?

Investors can buy or sell POPCAT on crypto exchanges like Bybit, Gate.io, and Kucoin.

Buy POPCAT On Bybit Here!!!

Potential evaluation

Here are a few key points for investors to consider:

As a meme coin, Popcat does not have much potential for technological development, but it does have an appealing story and high entertainment value, which excites its community. The future value of the token largely depends on the support of Popcat fans. Unlike many other tech tokens, POPCAT does not suffer from inflation, which helps preserve its value in the long term. The listing on Binance Futures is a critical factor. If we look at the history of similar meme coins like WIF and BOME, both were listed on Binance Futures before being listed on the spot market, indicating strong growth potential for POPCAT in the future.

Conclusion

This article has provided an overview of the Popcat meme coin. If you have any questions, feel free to leave them in the comments, and we will answer them promptly!

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