Popcat (POPCAT)

Introduction to Popcat (POPCAT)

The world of cryptocurrency is something that shows no signs of stopping its expansion.

It seems like every other day, you hear increasingly about some new “innovative” token launching that wants to address some overlooked or unaddressed problems permeating the industry, or just solve some real-world issues through blockchain or NFTs.

But in this ever-rising sea of tokens, you have what are called memecoins that a lot of the time are just there as a joke, a homage to popular memes like Pepe the Frog or those memes with a Shiba Inu in them.

Much of the time, these tokens have no real utility on their own beyond being a means for some really speculative investing.

The examples of tokens who have fully embraced their “meme identity” and serve no real purpose other than that are countless.

However, despite that, there are many projects that, while initially starting out as memes, felt that it wouldn’t hurt to add in some kind of utility or reason for people to hold their tokens besides just selling them when they reach a certain peak.

Even Dogecoin is one of them, which was initially created to poke fun at Bitcoin or cryptocurrencies in general; a project that has since shifted its goals to become a proper medium of exchange, a tool for fundraising campaigns, and more; basically, it wants to be digital money now.

One other example of a meme token that’s gaining in popularity would be POPCAT, and whether or not it serves any utility will be looked into later on.

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The Popcat meme was first known in October 2020 on the Internet, where it featured two pictures of a cat known as ‘Oatmeal.’

These images showed the cat in two different mouth positions, which included one with an open shape like an “O,” creating that pop sound if toggled rapidly between, and the other one with a closed mouth position.

Such an amusing yet simple concept managed to quickly gain momentum and popularity, instantly evolving into a sensation within the online meme culture.

But like with many memes on the Internet today, this meme’s popularity just didn’t stay within the boundaries of social media and other meme-sharing platforms.

It eventually found its way within the cryptocurrency landscape, where it’s now turned into a meme token on Solana, a popular blockchain network known for its scalability.

This can only mean one thing, and it’s that the impact that meme culture has had has even found its way into the Solana ecosystem, where it has shown how a bit of virality can propel meme tokens to heights of epic proportions or even epic lows for that matter.

You can go viral for the wrong reasons too, after all.

As a meme token, Popcat’s worth is mainly driven by how the community perceives or engages with it instead of holding any intrinsic value of its own, which honestly isn’t that much to go by.

This is yet another example of how speculative investing in meme tokens can really be, one that’s often marked by greater volatility and unpredictability.

When you understand the rise or origins of any meme within the cryptocurrency landscape, potential traders and investors may gain some insights about the dynamics that are responsible for driving the popularity and value of meme tokens.

Such an understanding can be extremely vital in constructing informed investment decisions regarding the rapidly evolving and volatile realm of cryptocurrencies.

Understanding POPCAT as a Cryptocurrency

As a cryptocurrency, Popcat really doesn’t have much going for it when it comes to utility.

Other tokens tend to be a part of an entire network, where they serve as the driving force behind their operations, acting as an incentive mechanism for participation, an outlet with which to pay fees, and so many other unique examples of how they can be used.

You’ll find none of that here.

There’s no utility that we could find other than it being yet another outlet for speculation.

In other words, it has fully embodied that “meme identity” that we were talking about earlier.

Now that that’s out of the way, let’s get into a bit of statistics.

To start with, its price is currently around $0.49, with a market capitalization of over $489.6 million and a fully diluted valuation that’s around the same.

As for the supply end of things, its circulating supply, total supply, and maximum supply are all nearly the same at more than 979.9 million tokens.

And when you look at its chart, what quickly becomes evident is how much it has gained in such a short time.

Its all-time high was around $0.7, which is a stark contrast to its price when it first launched, when it was trading at around $0.003.

The Popcat Blockchain Network

A lot of meme coins tend to launch with just the tokens on offer, but end up creating an entire ecosystem filled with various DeFi-centric services.

The one popular example of this comes from Bonk, another meme token based on the Solana blockchain.

Again, you can’t find anything of that sort here either, at least not yet.

But since it’s based on Solana, it should be noted that it’ll benefit a lot from the scalability that it has to offer, which should make trading with it more quick and seamless.

How to Buy POPCAT Tokens

So has this token’s recent momentum gained your interest and you’re looking to buy some of them for yourself?

Well, your choices will be a bit limited, but you can buy it from the likes of Raydium, Orca, Gate.io, BingX, MEXC, and a few others, though they might not be as notable.

But do note that depending on where you buy it from, the process will vary, as some may require you to complete account verification, aka KYC; otherwise your deposits and withdrawal capabilities will be limited.

Besides that, there will be some standard account registration procedures where you will need to add your email address or something and set up a strong password.

After all that’s done, you can deposit some funds on the exchange through its deposit page, and move on to buying the token through that exchange’s spot or futures pages.

Most of the time, the exchange will also come with swapping features, so you can just go ahead and do that if you don’t want to engage in any complex trading.

But if those exchanges aren’t cutting it out for you, then you can simply opt for something like Uniswap, where you don’t need to create any account or go through KYC.

So far, Raydium might be the only Uniswap-equivalent on Solana. So you can use that instead. But you’ll obviously need a wallet of your own to connect to the exchange.

Setting Up a Wallet for POPCAT

So, to buy some POPCAT, you’ll need your own Solana wallet.

For that, you might want to check out Phantom, which is known for its seamless integration and user-friendly interface with Solana’s blockchain.

It can securely store some SOL, which you’ll require for buying POPCAT.

Once you’re done with installing that Phantom wallet, you’ll have to deposit some SOL within your account, which may be done by directly purchasing through the wallet or by sending some SOL from another exchange or wallet you have an account with or have downloaded.

Following that, just head over to an exchange like the Solana DEX, connect your wallet, and ensure there’s enough SOL within the wallet to cover the amount you wish to purchase and the transactional fees.

Then, through the exchange’s search function, look for the POPCAT token, add in the amount you wish to buy, and confirm your transaction.

And that should pretty much be it.

Participating in the Popcat Community

Other than buying the token and engaging with other buyers, there’s not much in the way of “community participation.” On other platforms or networks, you have governance.

But here, there’s none of that.

If you want to engage with this token’s community, you can go to social media outlets like Twitter or X as it’s now called, to interact with other like-minded folks who have taken an interest in this token.

Future Prospects and Roadmap

If you’re wondering about any upcoming features or a roadmap of sorts that might be planned regarding this token, then you can stop wondering because there aren’t any.

There’s no clearly laid out future for this project, which is quite literally the case for so many meme coins out there, so it’s not unique in that regard.

Conclusion: The Cultural Impact of Popcat

Memes can be a rather major aspect of the Internet in general, possessing the potential to spawn an entire culture or movement of sorts.

Meme tokens, a lot of the time, are nothing but homages to those memes, and often possess no underlying value beyond that or being a vehicle for speculation.

The same is true for Popcat, so while the price is in a bullish phase of sorts now, it can just as quickly fall into irrelevancy if no one is talking about the token.

So, please exercise caution whenever you’re investing in memecoins like it..

We Coin-Labs.com provides only objective information about Popcat (POPCAT).
Therefore, we are not responsible for the investment decision in Popcat (POPCAT) and the resulting loss.

Popcat (POPCAT) Basics

Here are some factors that investors should consider before investing in Popcat (POPCAT).

Cryptocurrency Features	Popcat (POPCAT) (POPCAT)
Publisher or Developers	Popcat Solana
Headquarters (Registration Number)
Symbol	POPCAT
Platform
Published Date (CMC Registration)	2024-11-01
Max Supply	979,973,221 POPCAT

Reliability Score of Popcat (POPCAT) in 2024

These are indexes mesuring the investment reliability of Popcat (POPCAT) conducted by Coin-Labs.com.

Investment Reliability Rating Items	Scores and Current Status
Company Activation Rate	/ 10.0 CAR
Communication Rate	/ 10.0 CR
Technology Transparency Rate	/ 10.0 TTR
Development Participation Rate	/ 10.0 DPR
Listing Status on the World's Top 10 Exchanges	Listed on 1 Exchanges
Number of Available Pairs Worldwide	272 Pairs
Market Cap of the Cryptocurrency	0 USD (Rank #2423)

The table above shows the result of investment suitability evaluation for Popcat (POPCAT).
Check out how we evaluate cryptocurrencies on the crypto rating description page.

Popcat (POPCAT) Price

Here are the price and recent trading volume of Popcat (POPCAT). (Data of 2024-11-02 00:35:00)

Price Items	Price and Trading Volume of Popcat (POPCAT)
Popcat (POPCAT) Price	1.609 USD
Price Change 24h	0.60%
Price Change 7d	8.44%
Trading Volume 24h	153,903,747 USD
Trading Volume Change 24h	49.60%

Cryptocurrency Metadata

You can check the development status and social media information of Popcat (POPCAT) through the links in the table below.

Metadata Source	URL
🌎 Official Website
📖 White Paper
🛰️ Source Code (GitHub)
🐦 Twitter
🤖 Reddit
🎺 Message Board

Where to Buy Popcat (POPCAT)

Here are the top ten world crypto exchanges where traders can buy Popcat (POPCAT) in 2024.

Top10 Exchanges	Listed Status	Page URL
Binance	Not listed
Coinbase	Not listed
Kraken	Not listed
KuCoin	Not listed
Bitfinex	Not listed
OKX	Not listed
Huobi	Not listed
Bitstamp	Not listed
Bybit	Not listed
Gate.io	Listed	https://www.gate.io/trade/POPCAT_USDT

Frequently Asked Questions