POPCAT, the Solana-based memecoin inspired by the viral “pop cat” meme, has once again captured traders’ attention after months of heavy pressure and steady price declines. Once considered one of the standout tokens of the Solana ecosystem, POPCAT’s rise and fall has mirrored the volatility that defines the memecoin sector.
Launched in 2022, POPCAT soared to an all-time high of $2.05 in November 2024, driven by its vibrant community and Solana’s expanding on-chain momentum, inspiring traders to search for the next 100x crypto.
But fast forward to November 13, 2025, and POPCAT is trading nearly 91% below its peak, hovering around $0.123 with a market capitalization near $121 million.
Despite this year-to-date slump, activity has surged again: trading volume jumped 455% in the past 24 hours to $195 million, hinting at a potential resurgence in trader interest.
The spark behind this renewed attention, however, wasn’t entirely organic.
$POPCAT | What if? pic.twitter.com/Dvu5YNyFQq
— Nihilus (@NihilusBTC) November 13, 2025
DISCOVER: Next 100x Crypto to Buy in 2025
The Hyperliquid Manipulation: Context for the Dip
On November 12, POPCAT’s market was shaken by a large-scale manipulation incident on Hyperliquid, a decentralized perpetuals exchange. A single trader withdrew $3M in USDC from OKX and dispersed it across 19 wallets before opening leveraged long positions worth over $125M on POPCAT. To create the illusion of buying pressure, the trader placed a massive $20M buy wall near $0.21: only to abruptly cancel it moments later.
Someone just manipulated $POPCAT to attack #Hyperliquid, burning through $3M of their own funds — and causing $4.9M in losses for the Hyperliquidity Provider (HLP).
The attacker withdrew 3M $USDC from #OKX yesterday, split it across 19 wallets, and deposited it into #Hyperliquid… pic.twitter.com/lnwsRSspFv
— Lookonchain (@lookonchain) November 13, 2025
The result was devastating: POPCAT’s price collapsed by 43% to $0.12, triggering $63M in liquidations. The attacker’s $3M collateral was wiped out, but Hyperliquid’s Hyperliquidity Provider (HLP) vault absorbed $4.9M in bad debt, the platform’s largest recorded loss.
This event echoes a similar manipulation in March 2025 involving JELLYJELLY, which resulted in $12 million in HLP losses. Community members on X have speculated about possible involvement by centralized exchanges, particularly due to connections with OKX, although no evidence has confirmed these claims.
Hyperliquid briefly paused its Arbitrum bridge during the event but resumed operations within 25 minutes. The incident underscored the fragility of low-liquidity memecoin perpetuals and contributed to POPCAT’s 26% daily drop.
EXPLORE: 9+ Best Memecoin to Buy in 2025
POPCAT Price Analysis: Early Signs of Recovery?
(Source: Coingecko)
The chart shows POPCAT plunging from $0.205 to $0.12 before finding support near $0.123, aligned with early November lows and the 200-day SMA. The RSI at 53.7 signals balanced momentum, suggesting upside potential if strong volume persists. Over the week, POPCAT rose 5.4% while the market slipped 1.1%, with open interest up 11% to $64M and trading volume soaring 1,110% to $1.2Bn.
Bulls must defend $0.1029 to prevent a slide toward $0.085; reclaiming $0.1437 could target $0.17, with resistance at the 50-day EMA of $0.15. Whale holdings (20% of supply) and Solana’s steady gains support sentiment.
The Hyperliquid attack was a harsh reminder of the risks embedded in decentralized perpetuals, but it also reignited discussion and trading around the token. For now, $0.12 remains the critical support to monitor for potential entries.
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Bitcoin Hyper (HYPER): A Fast-Selling Bitcoin Layer-2 Presale That Could Be the Next 100x Crypto Opportunity
As traders flock back to the memecoin market following POPCAT’s renewed volatility, attention is also shifting toward presales that could deliver the next major breakout, and Bitcoin Hyper (HYPER) is emerging as a standout.
This Bitcoin layer-2 project rounds off the list of the best crypto to buy now, combining strong fundamentals with rapidly growing investor interest.
HYPER has already raised nearly $27 million in its ongoing ICO, making it one of the most successful low-cap presales of 2025. Priced at $0.013265, the token’s next price tier is only hours away, fueling retail demand and FOMO across the market.
Institutional and whale wallets have also entered the mix, with multiple six-figure investments, including a $220,000 buy this week alone. With whales accumulating Bitcoin and its ecosystem assets, BTC-themed altcoins like HYPER offer outsized upside potential.
Built to extend Bitcoin’s scalability, Bitcoin Hyper integrates the Solana Virtual Machine (SVM) and zero-knowledge proofs in its Canonical Bridge, allowing BTC holders to move assets securely and privately onto its layer-2 network. Its code has been audited by Coinsult and SpyWolf, confirming strong security foundations.
BTC layer-2s can deliver explosive returns. With its presale nearly coming to an end, Bitcoin Hyper could be the next 100x crypto as it prepares to launch in early 2026.
Visit HYPER HereKey Takeaways
- POPCAT plunged 43% after a manipulation event on Hyperliquid but stabilized near key support, signaling potential for recovery. Next 100x crypto?
- Despite the setback, volume and community strength suggest POPCAT could rebound strongly alongside Solana’s ecosystem growth.
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