How to Buy Popcat (POPCAT) – A Beginner’s Guide

Popcat (POPCAT) is one of the biggest gainers in the history of the Solana blockchain. Our guide will break down all you need to know about the meme coin, including how to buy Popcat. We will also explain Popcat’s background and what you can do with your tokens.

Based on two images of a cat called Oatmeal, the meme rose to prominence during the 2020 Covid-19 pandemic. Seizing this moment in internet culture, POPCAT launched in December 2023, climbing to a peak of $2.07 a year later. The price is now trading 89% below its peak, leading investors to consider buying the dip.

Trying to buy Popcat (POPCAT) quickly? Follow these easy steps: pick an exchange, open an account, add funds, and buy POPCAT. Ensure you are using a secure wallet to store your tokens. Remember that investing in meme coins carries risks, so research before buying.

How to Buy Popcat (POPCAT) in 4 Easy Steps

Here are the simple steps to take when buying POPCAT.

Step 1: Select a crypto platform

Start by choosing a reputable exchange or wallet that lists Popcat (POPCAT).

Step 2: Open & verify your account

Complete the registration process and verify your identity. You will not need to provide identification details if you use a no-KYC exchange.

Step 3: Add funds

Add funds via bank transfer, credit/debit card, or crypto deposit account.

Step 4: Buy Popcat coin & store it safely

Finish your purchase of POPCAT and store your tokens.

Best Platform to Buy Crypto

Best Wallet is a well-known platform for buying Solana meme coins and cryptos from over 60 chains. In addition to Solana tokens, the wallet is integrated with networks like Ethereum, Cardano, and BNB Chain. The platform has a built-in decentralized exchange (DEX), which means users can trade tokens with cryptos from all major blockchains.

It also offers emerging projects the opportunity to raise capital via token sales on its launchpad. One such project is BTC BULL Token (BTCBULL), a meme coin that rewards its holders with airdrops each time BTC climbs by $25,000.

Best Wallet is a self-custody wallet that encourages users to keep private keys offline. This helps to reduce the chances of phishing attacks and hacks from criminal groups. It also offers multiple levels of security, including biometric and two-factor authentication (2FA), and built-in spam detectors to protect investors from buying fraudulent coins.

Signing up for Best Wallet is easy. As a no-KYC exchange, there is no need to provide any personal details or documents. This means that all transactions on Best Wallet are completely anonymous. Investors using Best Wallet to buy Solana meme coins will always maintain their privacy.

To buy tokens on Best Wallet, you can use crypto and a debit or credit card. Your crypto will then be added to your self-custody wallet for safe storage. Ready to begin? Simply download the Best Wallet app on iOS or Android.

What is Popcat (POPCAT)?

Popcat (POPCAT) is a Solana-based meme coin inspired by the 2020 meme of a cat called Oatmeal. The meme shows two images of Oatmeal (open mouth and closed mouth), which the Popcat team used to create the token in 2023. Visitors on the Popcat website can tap the screen at any time to move between the two images, which has been done over 320 million times.

Like many meme coins, POPCAT has no inherent value and has been created solely for entertainment. This laissez-faire approach helped the token become a top 200 cryptocurrency, with a current market cap of $223 million.

Key Features of the Popcat Project

Let’s take a look at some of the key features of the Popcat coin.

Popcat Tokenomics

In total, 980 billion POPCAT tokens exist, all of which are currently being circulated. These tokens are immutable and 100% community-owned. Popcat is also listed on most major exchanges, such as KuCoin, Coinbase, ByBit, Kraken, and more. Tokens are also available on the Solana-based DEX platform Raydium.

Popcat Community

Aside from the meme being clicked over 320 million times, Popcat has a growing community on social media platforms. Nearly 100,000 people follow the meme coin on X (Twitter), and nearly 20,000 have joined its Telegram channel.

Why Buy POPCAT Token?

Here are some reasons why to invest in Popcat.

• Popcat is based on a viral internet meme with millions of fans.
• The Solana blockchain is an efficient network, with many successful meme coins launching on the chain.
• POPCAT is currently trading at 89% of its record price, which means there could be an upside.
• The meme has strong engagement, with the community following the POPCAT meme coin still growing.

Why Buy Popcat and Is It Worth It?

POPCAT allows investors to participate in one of the most viral internet memes in recent years. Hundreds of millions of people have seen Oatmeal the cat, with only a small percentage aware of the meme coin.

The token’s community is roughly 120,000 strong, meaning it is still in its infancy in terms of capturing followers. Once this number reaches 300,000 – 500,000 there could be a real surge in the demand for the coin.

This comes as newly launched Solana meme coins are helping to bring mainstream awareness to the ecosystem. Additionally, United States President Donald Trump has taken a favorable view of the crypto industry, leading to an overhaul of the Securities and Exchanges Commission (SEC). This was done to introduce clearer regulatory frameworks that make America the crypto capital of the world.

This could contribute to a bull run in the coming years, with popular meme coins like POPCAT benefiting from the surge in interest. The token is now trading well below its peak, which could prompt investors to buy the current dip.

If you believe there is potential, the next step is to find a place to buy Popcat and store the assets somewhere.

Best Popcat Wallets

The first thing to consider when choosing a wallet to store your POPCAT tokens is security. You want a wallet with multiple safeguards to help prevent any unauthorized access. Features such as biometric authentication and 2FA should be the minimum requirement.

As seen with the ByBit hack mentioned earlier, finding a non-custodian wallet to keep private keys offline may be wise. You may also look for wallets with built-in spam detectors, which help to flag potentially fraudulent tokens.

Accessibility is another key area to consider; avoid using wallets with overcomplicated navigation or feature sets. Choose a wallet with a simple interface that can be used on multiple devices. As the markets can be difficult to manage, your wallet should make this slightly easier.

Privacy should also be high on your list of priorities. Some investors look for exchanges that do not have KYC onboarding. No-KYC exchanges will allow you to buy POPCAT tokens with anonymity.

Best Wallet prioritizes safety and uses two-factor authentication and biometrics to help investors safeguard their crypto. It is also a self-custody wallet, which means private keys are held offline, reducing the chances of them becoming compromised.

You can sign up for Best Wallet without going through KYC, helping to maintain your privacy. Simply download the app, which is available on iOS or Android, to get started.

What to Do With the Popcat You Buy?

After buying POPCAT, you might ask yourself what to do next. Here’s what you can do with your POPCAT tokens.

• Long-term Investment:

If you bought even $100 worth of POPCAT just over a year ago and held onto it, you would have found yourself a comfy 200x up at the peak. Although market conditions have changed, many remain bullish on the meme coin and buy it as a long-term investment.

• Day trade POPCAT:

If you have a shorter-term perspective, you may want to consider day trading POPCAT. The meme coin is listed on multiple exchanges meaning you can speculate on its intraday value. Some investors who may be bullish in the long term may hedge their positions by trading POPCAT on a daily basis to profit from downside moves.

• Support the Oatmeal meme:

As previously mentioned, POPCAT was created as an ode to the Oatmeal cat meme. The token is purely for entertainment and has no utility, but fans of the meme can buy it to support the movement. The bigger the meme becomes, the higher the price can token rise.

Buy $Popcat Verdict – A Promising Investment?

Solana meme coins have been the darling of the crypto world in recent years, with strong surges from BONK, WIF, and, recently, TRUMP. Due to its historical growth rate, POPCAT can be added to this list, and it may still have some upside potential.

POPCAT’s price remains significantly below its record high, which opens up the possibility for bulls looking to buy the dip. Such investors may use this strategy because they believe that the wider Solana network will continue growing, thus creating opportunities for ecosystem tokens like POPCAT.

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From a technical perspective, POPCAT is currently hovering at a support level of $0.24, and, historically, there have been strong waves of buying around this price. Should history repeat itself, you could see some optimists targeting the $1 point for a potential exit. Those who are even more bullish could look at the $2 level at some point in the future.

Meme coins are extremely volatile so, despite the opportunity for strong gains, it is important to do your own research. Analyze the charts before deciding to invest in POPCAT or any token.

FAQs

References

1. POPCAT hits all-time high as cat-themed tokens surge (Unchained)
2. Hackers steal $1.5 billion from crypto exchange (The Guardian)