Popular Solana Meme Coin Soars 10%, Is It Finally Time To Buy?

The popular cat-themed Solana meme coin, Popcat (POPCAT), is suddenly receiving significant attention and appears to be gearing up for an explosive rally. Its price is up by 10% in the past 24 hours, trading as high as $0.426, and Popcat price predictions from prominent analysts suggest a short-term price target of $1. Despite uncertainty surrounding the FOMC’s interest rate decision, Bitcoin and several high-upside altcoins and meme coins are rallying, fueled by this weekend’s meeting between US and Chinese trade representatives. Popcat has emerged as one of the top performers, suggesting high latent demand. Among the low-cap Solana meme coins, Solaxy (SOLX) has emerged as a standout choice, with experts calling it the next 10x crypto. Popcat Price Prediction — Is It The Right Time To Buy? The Popcat price is up by 10% on Wednesday, accompanied by a 45% surge in the trading volume. It is trading at $0.42, with a market capitalization of $420 million. It is undoubtedly establishing itself as one of the strongest meme coins on the market. While most blue-chip coins in the meme coin space are down by double digits over the past week, POPCAT has appreciated by 13% in the period. Smart money investors are comparing its performance to Fartcoin’s first-quarter rally. Similar to $FARTCOIN, the Popcat price is rallying on every good news, which indicates high latent demand. Just a simple news of US Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng to discuss fair trade was enough for the Solana meme coin to bounce by more than 10%. As previously stated, Popcat price predictions from prominent analysts indicate the possibility of a strong bullish continuation. Popular trader Daniel Ramsey claims that the meme coin could see a rally to $1.50, considering its rounding bottom and flip of the key $0.39 support level. #POPCAT $POPCAT Crossed out of the Rounding Bottom and now is back above the Key Support Level Aiming for 300% Rally on this one Move your targets along the way – Fix Profits! pic.twitter.com/MCBfZjRuaU — Daniel Ramsey (@ramseycrypto) May 7, 2025 Others are in consensus that a new all-time high is imminent, particularly now that the soaring Global M2 money supply has confirmed a new bull market. However, sidelined investors should still be cautious about buying at the current prices. The Popcat price is currently in the process of forming an inverse head-and-shoulders pattern, with its neckline resistance at $0.442. Sidelined investors should wait for a flip of this level before buying, considering a rejection here could mean more downside volatility. Is Solaxy The Next 10x Crypto? Popcat isn’t the only Solana meme coin that has caught the attention of smart money investors. Among the low-caps, Solaxy (SOLX) has also emerged as an attractive investment, raising over $33 million in its ICO. Unlike most new meme coins, Solaxy isn’t a utility-less, run-of-the-mill coin. Instead, it is the first prominent Solana Layer-2 scaling solution, which makes it an excellent long-term investment. Although Solana is not traditionally associated with L2s, the network congestion experienced during periods of heavy traffic, particularly in meme coin seasons, has highlighted the need for one. Solaxy’s cutting-edge Layer-2 scaling solution includes ZK proofs, data availability tools like Celestia and a Hyperlane-powered multi-chain bridge. As a result, SOLX and SOL holders can be sure of low-latency transactions, zero downtime and exponential scalability, even during periods of heavy traffic. Experts believe Solaxy has the potential to be a key part of Solana’s ecosystem. Considering that the top Bitcoin and Ethereum L2s have multibillion-dollar valuations, they also believe it is highly undervalued, despite its stellar presale performance. Many are now calling SOLX the next 10x crypto. Visit Solaxy Presale This article has been provided by one of our commercial partners and does not reflect Cryptonomist’s opinion. Please be aware our commercial partners may use affiliate programs to generate revenues through the links on this article. Source: https://en.cryptonomist.ch/2025/05/07/popcat-price-prediction-popular-solana-meme-coin-soars-10-is-it-finally-time-to-buy/