Crypto market cap rises by $640B, with Bitcoin leading gains. Popcat meme coin eyes new liquidity, but altcoin options may offer more.

The crypto industry’s total market cap has surged by $640 billion in the past 30 days.

While a lot of that went directly to market leader Bitcoin, experts anticipate a wealth cycle into smaller altcoins in the coming weeks.

Popcat is a trending meme coin that hopes to attract some of this new liquidity. But is this a good time to buy, or do other meme coins present more opportunities?

Popcat buyers rotate profits amid crypto rally

Popcat has risen this month, but it seems that early investors got cold feet when prices started to rise this month.

The quirky cat-themed meme coin was a significant outperformer during the summer, exploding while a lot of other meme coins were falling deeper into the red.

But as the market started to bounce – which included Dogecoin hitting its highest price since June 2021 – Popcat’s rally took a break.

Yet it’s still seeing significant trading volume, with $234 million worth of tokens changing hands in the past day.

This suggests that early buyers are selling into incoming demand, which is known as a redistribution phase.

Currently, Popcat is trading at $1.43, up 5% in the past month.

Popcat price chart shows signs of life 

“Only the most patient will win.”

This was the remark of Eng

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Author: Guest Post