- The Popcat meme coin gained more than 11% after Kraken announced spot trading listing on September 19.
- POPCAT price hit an all-time high of $0.67 and was trading higher at the time of writing.
Solana meme coin POPCAT (POPCAT) has seen gains after cryptocurrency exchange Kraken announced it would be adding spot trading support.
The cat-themed meme coin has surged by around 30% since Binance, the world’s largest cryptocurrency exchange, listed POPCAT futures contracts, and as of this writing on September 12, it has seen double-digit gains.
After Kraken announced that it would add Popcat on September 19, 2024, the price of the meme coin rose from $0.58 to a high of $0.67. According to CoinGecko data, the price of the cryptocurrency is up 10% to over $0.66 at the time of writing.
📅 Take a sneak peek at next week’s list*:
September 19 – 3pm UTCPopcat$GFI$ GO (geographic expansion)
👀 The roadmap is updated every Thursday⤵️https://t.co/hv1TlhIJJf
*Geographic restrictions may apply. pic.twitter.com/Ppsfxynkg4
— Kraken Pro (@krakenpro) September 12, 2024
Popcat is currently listed on Bybit, Gate.io, MEXC, Crypto.com, and Kucoin. However, major exchanges Binance and OKX have yet to add spot trading for POPCAT futures.
So Kraken’s spot trading support is one of the big moves, and the token’s price has been on the rise as the community cheers another milestone in their quest for more visibility.
SUNDOG and CAT Among the Rising Meme Coins
Although the current price is well above its all-time low of $0.003 recorded on January 5, 2024, POPCAT is up over 35% from its all-time high of $0.99 recorded on July 21, 2024. The surge close to the $1 level suggests that Popcat could be targeting this peak as the meme coin bounces.
Other meme coins that showed upward momentum today include Tron-based Sundog (SUNDOG) and Simon’s CAT (CAT).
The former surged after whales withdrew $2 million worth of TRX to buy SUNDOG. Simon’s CAT, which recently completed an airdrop to Floki holders, rose after Bybit hinted at a listing.