three Solana Memecoins in Revenue Regardless of $500M Crypto Market Dip: POPCAT, GOAT, MEW Worth Evaluation…

This market efficiency charts reveals two key insights. First it reveals that the Solana memecoin sector has outperformed the broader crypto market common, which has seen over 5.5% losses within the final three days.

Secondly, Dogwifhat (WIF) and BONK, the 2 largest Solana memes have every seen over $100 million wiped off their market cap, with 5.1% and seven.7% losses respectively, throughout the weekly timeframe. Nevertheless, crypto merchants proceed to allocate large capital towards newly-launched meme tokens on the SOL blockchain.

Solana Memecoins: POPCAT, MEW, GOAT Technical Evaluation

Consequently, three of the highest 5 ranked Solana memes, POPCAT, Cat in a Canines World (MEW) and Goatseus Maximus (GOAT), all launched in 2024 have managed to keep up a worthwhile standing regardless of the market huge downtrend.

When such constructive divergent pattern emerges, it typically appeal to extra capital inflows, particularly from strategic merchants in search of out worthwhile alternatives in the course of the market dip.

Beneath, technical evaluation indicators discover the principle bullish catalysts drive the three memes in addition to the important thing resistance and help to look at within the days forward.

POPCAT Worth Forecast: Weakhands Wash Out Might Set off $2 Breakout

POPCAT, launched in mid-2024, has been a standout token on the Solana community, gaining consideration even amid the present market dip.Over the previous week, POPCAT has proven outstanding energy posting 10.9% positive aspects, because it bounced again shortly after a quick dip to keep up its upward trajectory.

On the time of writing on Oct 23, POPCAT is buying and selling at round $1.41, barely down from its latest excessive of $1.4875, as proven within the POPCATUSD day by day chart beneath