👍👍Binance-Listed Altcoin Breaks Record, Whale Earns 2x in a Month 👍👍
POPCAT token, which has attracted attention in the crypto market recently, exceeded the $ 1.4 level and reached an all-time high. According to data from blockchain analysis platform Lookonchain, a whale made significant gains from this rise; It achieved a 106% return in a short time with its POPCAT purchases at the beginning of September.
The movements of "whale" investors who make large purchases and sales in the cryptocurrency market usually have significant effects on the market. The rapid rise of the POPCAT token also attracted attention with the transactions of this whale investor. The investor in question spent 4.13 million USDC on September 12 and 13, purchasing a total of 6.11 million POPCAT tokens. The average price per token was recorded as $ 0.68 during this purchase. With POPCAT gaining value rapidly, the investor's total asset value reached $8.49 million and made a profit of $4.36 million in a month.
What is POPCAT?
POPCAT stands out as a cryptocurrency that takes its name and theme from an internet phenomenon. This phenomenon quickly spread on social media with a fun image of a cat named "Oatmeal" opening and closing its mouth. POPCAT attracted the attention of the cryptocurrency community after it was listed on the futures platform of Binance, the world's largest cryptocurrency exchange.
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