Popcat (POPCAT) Review (8.4/10⭐)

Visitor Consensus on Popcat Today

Positive: 53.13%Negative: 46.87%

What's your view on Popcat today?

$POPCAT launched in late 2023. However, the meme it draws inspiration from first hit the internet in late 2020. Although the token doesn't have a direct link to Oatmeal's viral images, it capitalizes on the meme's popularity to attract interested investors. Popcat (SOL) is 100% community backed. Therefore, the token boasts excellent liquidity. It's available for purchase and trading at leading decentralized and centralized exchanges. Entertainment and community interaction are the meme coin's primary roles. However, it has also been integrated in several games.

A Bit About Popcat

The coin is based off a meme. Hence, it's satirical. $POPCAT doesn't hold any underlying value. In October 2020, an internet user posted two images of his cat, Oatmeal. In one picture, the cat had his mouth closed. The second image was edited to show the cat with his mouth so wide open, it formed an 'O.' This meme went viral fast, appearing on various social networks. By December, there was a game where players clicked on the cat to open and close its mouth. At the end of 2023, $POPCAT launched on Solana, borrowing from the Oatmeal meme. The coin's chief purpose is inspiring engagement among crypto investors.

Meow your way to meme heaven with Popcat!CryptoLists.com

The Solana project was created for entertainment. Founding the token on a widely used meme was an advantage because it appealed to many internet users. Since its entry into the crypto scene, Popcat (SOL) has had a dramatic rise, gaining value in a short period. Currently, it's the most valuable feline meme token. $POPCAT runs on Solana, meaning users can leverage the blockchain's high speeds and low fees. A long list of wallets, including Metamask, are suitable for storing Popcat.

Utility of Popcat?

Meme coins are fun and exciting, but that's about all you can do with these crypto assets. $POPCAT doesn't offer much value. Rather than technical utility, such as staking, the token's worth relies on community perception and engagement. The only usage you can derive from Popcat (SOL) is as a collectible or speculative asset. Joining the Popcat community is the highest value you can get from the coin. As with other meme tokens, it provides a low barrier to entry into the crypto space. Since it's not too complicated, you don't have to learn a lot to own $POPCAT. The coin has an active community that contributes to its steadily growing worth. Interacting with crypto enthusiasts lets you learn more about the market. After spending time as a Popcat token holder, you can consider investing in serious coins.

Trading is another activity you can engage in if you want to leverage the meme coin. Despite being incredibly speculative, $POPCAT can generate passive income through trading. Due to the Solana-based coin's popularity, it's available to trade at various exchanges. You can find over half a dozen currency pairs. Remember that crypto trading is risky, and you should understand the dangers before investing your money.

Advantages of Popcat

Disadvantages

Costs

With $POPCAT, you don't have to bother with transaction costs, as is true for a majority of meme coins. However, if you are trading, you must consider the associated fees. These vary from one exchange to another and average less than $2. Compare the trading costs of different exchanges before choosing one.

Reputation and Buzz

The crypto community loves meme coins. They are a simple way of getting into the blockchain space. Dog-themed tokens have dominated the scene for several years, but feline meme coins are slowly taking over. $POPCAT is the most popular cat-themed token. Although the coin isn't even a year old since it launched, the meme that inspired it has been circulating the web for a few years. Therefore, it makes sense that the token gained the attention of crypto enthusiasts. Oatmeal is a charming character that inspired hundreds of memes. When the coin launched, it had no trouble getting strong community backing.

In mid-2024, Popcat (SOL) saw its value spike over 34,000% following news of a Solana EFT. It became one of the best success stories of a meme coin. On June 27, 2024, the first US Solana ETF application was announced, boosting visibility for Solana-based projects, including $POPCAT, considerably. The token's listing on LBank also enhanced its credibility. The centralized exchange is famous for picking coins with promising market potential. As with most meme coins, $POPCAT relies heavily on buzz, especially on social networks. Positive sentiments mean a performance boost for the token. Presently, Popcat is Solana's hottest meme coin.

FAQ

How did $POPCAT turn into a crypto asset?

The project drew inspiration from a popular meme of a cat called Oatmeal. Crypto enthusiasts formed a community that built the meme coin on the Solana blockchain. The token capitalized on the meme's fame to attract speculation.

When is the best time to the $POPCAT?

Check market trends to see how the token is performing. A suitable time to buy is when the price drops with the potential to improve. Popcat (SOL) is highly speculative, meaning the smallest shift in the sector affects its value.

How do I buy Popcat (SOL)?

Start by finding a suitable wallet that's available in your region and supports $POPCAT. Then select a crypto exchange and purchase a base currency. Connect your wallet to your account on a DEX exchange and trade the pairs you want.

History of Popcat

October 2020 — Oatmeal, the cat $POPCAT is based off, first appears on the internet. X (Twitter) user @XavierBFB posted two images of his cat, inspiring a popular meme.

December 2023 — Popcat launches on Solana, using Oatmeal as inspiration for the meme coin. Its initial price was $0.020.

January 2024 — After only being available on the Solana DEX, $POPCAT is listed on several centralized exchanges, including Binance, MEXC, and Gate.io

Screenshots from Popcat