“Cat” memecoins set records

While everyone is waiting for the start of the altcoin season, cat-themed memcoins are already softly taking the leading positions.

Cat meme coins are outpacing major altcoins and setting new records. According to the well-known analyst Bluntz, this means the beginning of “cat season” in the crypto market.

Popcat updated ATH

POPCAT, a Solana-based memecoin, hit an all-time high today, rising to $1.67 after a steady rise in October. This is the third record for memcoin in the last month, confirming its strong upward trend. The consistent growth of the coin attracts the attention of investors and increases confidence in its prospects.

Many investors believe that POPCAT can break above $2.00 if holders are patient and don’t rush to take profits. Such early profit-taking may weaken the token’s upward trend.

However, if the sale goes ahead, POPCAT could face a significant decline. The next important support is located at $1.00. A sell-off could wipe out the asset’s recent gains and potentially undo the current bullish outlook.

cat in a dogs world (MEW) also updated the maximum

MEW reached a new all-time high of $0.0106. This is already the fourth ATH in the last 14 days. The token maintains a strong upward momentum, which makes it one of the leaders in the memcoin market.

MEW is up 15.6% over the past 24 hours, avoiding a potential fall below $0.0090. Support at this level remains key to maintaining the current bullish momentum.

However, like POPCAT, MEW faces profit-taking risk. In the event of a massive sell-off, this could result in the loss of recently gained points, potentially undermining the bullish scenario.

Simons Cat (CAT) takes a huge leap

CAT was one of the top performing cryptocurrencies this week, jumping nearly 80% in just four days. The rapid rise in price highlights the asset’s strong bullish sentiment, making it stand out in the market.

CAT is now just a step away from its all-time high (ATH) of $0.00004650, reached about a month ago. Given the current upward momentum, memcoin is well positioned to break through this level and potentially set a new ATH. This will further strengthen the bullish outlook.

However, if CAT is unable to absorb the current ATH, a price reduction to $0.00004063 is possible. A further fall below this level could send CAT to $0.00003410. This will cancel the bullish scenario and become a harbinger of a potential bearish trend.

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