POPO, a meme coin on Solana, is a little frog, and CMC and HTX seem to like it. Should we consider this a hint to keep an eye on POPO?
Hundreds of new meme coins are launched every day. It is quite difficult to identify which of them has a bright future. So degens like to find those signals everywhere. And CMC and HTX are sending those signals. At least, we think so.
POV: You bought in for the vibes but it turns out to be a moon bag.. pic.twitter.com/XfrkksI9Ah
— CoinMarketCap (@CoinMarketCap) October 14, 2024
How can this post be bullish for POPO? Let’s take BILLY’s case, another meme coin on Solana. Billy’s price surged after Binance used the Billy meme in a social media post, leading to speculation about potential listings.
While no direct listing was confirmed, the association drove massive buy pressure, sending the coin to new heights.
Similarly, CoinMarketCap and HTX’s recent posts about POPO have led to rumors of potential exchange interest. POPO went straight to $5 million ATH, and it’s currently 60% down in what seems a strong correction.
DISCOVER: Pepe Unchained Shatters $20M Presale Milestone, Announces New Updates
POPO Price Analysis: Second Rally Incoming?
(POPOSOL)
The 15-minute POPO chart shows that POPO is currently trading at $0.001899. The chart shows a significant spike that began around October 16th, taking the price to a peak of $0.0077, at $5.2 million market cap, before a correction brought it back down.
The price has stabilized between $0.0018 and $0.003, indicating that the coin is finding a new support level after its initial surge. This consolidation often precedes another breakout, especially with ongoing social media hype.
$POPO 4 hour chart is ready
SEND THIS FROG LOOKING ROCK TO 100M pic.twitter.com/i7TiXHBQAN
— Prorok (@proroketh) October 18, 2024
The current volume is low, suggesting a wait-and-see approach. Are there new highs for POPO? We will keep an eye on it!
EXPLORE: With Uniswap Launching Unichain: Is it Game Over For Ethereum?
Join The 99Bitcoins News Discord Here For The Latest Market Updates