GOAT, NEIRO and POPCAT Dominate the Memecoin Market
- The top 3 memecoin gainers are GOAT, NEIRO, and POPCAT (SOL).
- Bitcoin reached an all-time high of $75,361, driving optimism across the crypto market.
The cryptocurrency market is displaying a vibrant surge, fueled by Bitcoin’s recent climb to a new all-time high of $75,361 following optimism sparked by Donald Trump’s victory against Kamala Harris in the presidential race. At the time of writing, the global crypto market cap stands at $2.47 trillion, marking a 7.88% increase in just 24 hours.
Bitcoin’s dominance has paved the way for a ripple effect, driving positive sentiment among altcoins, particularly in the memecoin sector. Among the top gainers in the memecoin space are Goatseus Maximus (GOAT), First Neiro on Ethereum (NEIRO), and Popcat (SOL), all of which are soaring with impressive gains.
Goatseus Maximus (GOAT)
In the past 24 hours, GOAT price rose over 47.04% and topped the gainers list, recording a high of $0.7503. Also, the daily trading volume has seen a significant jump of over 108%, reaching $282. The token now boasts a market cap of $735 million, placing it at the 92nd spot in the crypto rankings.
GOAT is one of the memecoins that was launched on the Solana blockchain in October and gained popularity with a strong following.
The memecoin is still 19% below its all-time high of $0.8837. But GOAT has surged by an eye-watering 653% in the last month. Further, the memecoin’s key resistance was found at $0.8095 and the nearby support at $0.4204.
First Neiro On Ethereum (NEIRO)
Another memecoin catching the market’s attention is First Neiro on Ethereum (NEIRO). That has jumped by 32.70% in the past 24 hours. The price surged from a low of $0.001309 to a high of $0.001764, driven by a massive 248% increase in its trading volume, which reached $740 million.
First Neiro on Ethereum is a meme coin inspired by Shiba Inu, continuing the legacy of Kabosu, the dog behind the original Dogecoin meme. The coin gained attention as it was linked to Neiro, another dog adopted by Kabosu’s owner after her passing.
On Oct 15, NEIRO recorded an all-time high of $0.0023, which now seems like a distant memory, as the token is currently 24.53% off that peak. However, the ongoing rally has pushed the price to new highs. Currently, it’s eyeing further resistance levels at $0.001932 and $0.0021, with support found near $0.001278.
Popcat (SOL)
Last but not least, Popcat (SOL) has joined the surge, rising by 20% to trade at $1.59. The token’s price climbed from a low of $1.28 to a high of $1.60, with its trading volume spiking by 269% to $269 million. The meme coin was launched in December 2023 on the Solana blockchain, inspired by the viral “Popcat” meme.
POPCAT has gained 14% over the past month. Meanwhile, it has seen a 5% decline over the past week, as it hit an all-time high on Oct 29 at $1.81. The token now faces initial resistance at $1.75, with significant support around $1.12.
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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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