CMC Key Trends Impacting Popular Meme Coins: Popcat, Blockdag And Cutoshi!
Despite the brief consolidation wave that hit the crypto market recently, the ‘Uptober’ hype has brought some vigor back to the crypto market. It’s that time of the year when analysts and traders pay close attention to crypto market metrics and price charts, and now the spotlight is on three select meme coins– Popcat (SOL) , BlockDAG (BDAG), and Cutoshi (CUTO).
While each meme coin has unique price trajectories, CoinMarketCap data offers insights into how key trends affect their prospects and what investors can expect, especially in anticipation of the forthcoming bull run.
Has POPCAT Hit A Free Fall?
Since the POPCAT listing , the meme coin has steadily climbed to become one of the most popular meme coins in the crypto market. However, while the rest of the market shows bullish signals, Popcat (SOL) is doing the opposite, according to data from CoinMarketCap .
Source: CoinMarketCap
When the POPCAT price set a new all-time high just two days ago, it looked like the me