Popcat gained traction again with the Binance Alpha listing.
Popcat ($POPCAT) with the 7GCihgDB8fe6KNjn2MYtkzZcRjQy3t9GHdC8uHYmW2hr contract address on the Solana chain has seen a 52% surge in market cap within a 24-hour time frame to a value of $345.4 million with a volume of $8.4 million. The surge came after the token was featured in Binance Alpha Spotlight in a report by Binance News, reflecting the popularity of the token.
Binance Alpha added $POPCAT to its list of community-driven tokens like Balance (EPT), Mog Coin (MOG), SPX6900 (SPX), and Milady Cult Coin (CULT) earlier this week. This speaks to Binance Alpha’s intent to feature popular assets early that are built around cryptocurrency niche communities. Popcat, designed around the popular internet meme of the reaction of a cat named Oatmeal to flashing a light, has gained popularity because of its amusing tale. The inclusion in Binance Alpha Spotlight has further made it more visible, with a larger base of investors and traders taking notice.
The Popcat X community (@POPCATSOLANA) has been abuzz with celebration in response to the listing, with members posting memes and hype over the token’s accomplishment. The community backing has fueled the token’s energy, consistent with the increasing demand of meme coins within the world of cryptocurrency. $POPCAT can be exchanged in Solana-based decentralized exchanges like Raydium and Binance Alpha, where it shares the speed and cheap network of Solana and the international platform of Binance, allowing their users worldwide to easily participate with it.
With a market cap of $345.4 million and a 24-hour volume of $8.4 million, $POPCAT shows robust demand following the Binance Alpha listing. It is behaving similarly to other meme coins, like $BOME, where exchange listings have seen them yielding profits. The Binance Alpha listing positions $POPCAT to become a player to contend with in the meme coin space with its community and the viral power of its internet meme fame.