POPCAT’s big break: How a Coinbase listing fueled the Solana memecoin’s surge
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POPCAT, a Solana-based memecoin, surged 22% following its listing on Coinbase, attracting significant investor interest. The crypto market is recovering, with a global market cap of $3.18 trillion. POPCAT's trading price reached $0.3017, making it the second most popular cat-themed memecoin. The surge was fueled by Coinbase's announcement of a perpetual contract for POPCAT, leading to increased buying pressure. Industry experts, including Solana co-founder Raj Gokal, suggest that the memecoin trend may evolve into blockchain-based "tech IPOs."
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