{"id":136549,"date":"2024-08-31T17:00:51","date_gmt":"2024-08-31T14:00:51","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=136549"},"modified":"2024-08-31T15:04:23","modified_gmt":"2024-08-31T12:04:23","slug":"crypto-expert-sees-further-upside-for-this-memecoin-despite-massive-gains","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/crypto-expert-sees-further-upside-for-this-memecoin-despite-massive-gains\/","title":{"rendered":"Crypto Expert Sees Further Upside for This Memecoin Despite Massive Gains"},"content":{"rendered":"<p>Sherpa suggests that Popcat (<strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/popcat-sol\/\">POPCAT<\/a><\/strong>), a meme token based on the Solana (<strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/solana\/\">SOL<\/a><\/strong>) blockchain, might continue its upward trajectory after recently bouncing from a key support level around $0.64.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\"><a href=\"https:\/\/twitter.com\/search?q=%24POPCAT&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">$POPCAT<\/a> still looks pretty strong for now, great S\/R retest. If it guns for the highs again, this will be the leading category for memes and also CAT beta <a href=\"https:\/\/t.co\/JWv8xxuuBV\" target=\"_blank\" rel=\"nofollow\">pic.twitter.com\/JWv8xxuuBV<\/a><\/p>\n<p>\u2014 Altcoin Sherpa (@AltcoinSherpa) <a href=\"https:\/\/twitter.com\/AltcoinSherpa\/status\/1829180436410753528?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">August 29, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>He noted, \u201cPOPCAT still appears strong right now with a solid support\/resistance retest. If it targets new highs, it could lead the memecoin market and also show promise in the CAT beta category.\u201d<\/p>\n<p>Currently, Popcat is priced at $0.59, representing an impressive increase of over 15,000% from its January low of $0.00379.<\/p>\n<style>\n    .dark-mode .read-more {background-color: #343a40 !important;}\n<\/style>\n<div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1 d-none d-md-block\">READ MORE:<\/h5>\n    <a class=\"article row\" href=\"https:\/\/cryptodnes.bg\/en\/vitalik-buterin-denies-selling-ethereum-for-personal-profit\/\" title=\"Vitalik Buterin Denies Selling Ethereum for Personal Profit\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img decoding=\"async\" class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2023\/10\/ethereum-coins-240x170.webp\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Vitalik Buterin Denies Selling Ethereum for Personal Profit<\/h4>           \n            \n        <\/div>        \n    <\/a>\n<\/div>\n<p>Looking ahead, Sherpa mentions that while the overall macro environment may be favorable for Bitcoin (<strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/bitcoin\/\">BTC<\/a><\/strong>), the leading cryptocurrency is currently showing mixed signals in the short term.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">I don\u2019t know where <a href=\"https:\/\/twitter.com\/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">$BTC<\/a> is at. It\u2019s bearish on the 1d, bearish on the 200d EMA (though right at it so no real strong signal there) and still bullish on the 1W (though it can still be bullish until 40k, so not a great indicator either). Too many conflicting thoughts here. We\u2019re\u2026 <a href=\"https:\/\/t.co\/9wbWZDgTZp\" target=\"_blank\" rel=\"nofollow\">pic.twitter.com\/9wbWZDgTZp<\/a><\/p>\n<p>\u2014 Altcoin Sherpa (@AltcoinSherpa) <a href=\"https:\/\/twitter.com\/AltcoinSherpa\/status\/1829484215815069767?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">August 30, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Popular crypto analyst Altcoin Sherpa is optimistic about the future of a trending memecoin, despite its already substantial gains this year.<\/p>\n","protected":false},"author":3,"featured_media":44320,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[24],"tags":[],"class_list":["post-136549","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoins"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.8.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Crypto Expert Sees Further Upside for This Memecoin Despite Massive Gains<\/title>\n<meta name=\"description\" content=\"Popular crypto analyst Altcoin Sherpa is optimistic about the future of a trending memecoin, despite its already substantial gains this year.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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