Top Crypto Gainers Today, October 24 – GOAT, POPCAT, MEW
Highlights:
- With robust exchange support, Goatseus Maximus (GOAT) has risen 170% in the last week.
- Increased open interest is driving today’s 28% increase for Popcat SOL (POPCAT).
- With positive technical indicators, Cat in a Dog’s World (MEW) reaches its ATH and has increased by 1146% since debut.
Most cryptocurrency prices exhibit a range of responses, indicating that the market is rebounding from the recent downturn. With Bitcoin holding over the $67k mark and showing a slight gain of 0.41%, the bulls are back in action. Ethereum has failed to follow the trend as the bears maintain their stronghold, even though the top ten coins are trading in green. ETH is now down 2.26% over the last day at $2,552.
A boost in investor optimism is reflected in the market’s leap to $2.29 trillion and $82.61 billion in total market capitalization and volume, respectively. Let’s look at the top crypto gainers today, October 24: Popcat SOL (POPCAT), Goatseus Maximus (GOAT), and Cat in a Dogs World (MEW).
Today’s Top Crypto Gainers
1. Goatseus Maximus (GOAT)
GOAT is currently leading the pack for the top crypto gainers today. Over the previous week, the currency increased by 170%, and on the last day, it increased by 17%. With a market capitalization of $764.79 million and a trading volume of $424.84 million, GOAT is one of the most popular meme coins on the market right now, trading at $0.78.
Goatseus Maximus, launched on October 14, 2024, jumped 500% in nine days. It slightly declined by 7.40% after peaking at $0.7525, but it is still powerful. It is currently the eleventh largest meme coin, surpassing competitors like Book of Meme and Neiro coin.
With one billion in total supply, GOAT’s explosive ascent raises the possibility that it will be the next memecoin to explode. Due to its consistent success, it is one of the leading top gainers today.
The price of GOAT has increased for a number of reasons. The advertising by the AI bot Truth Terminal, which has generated a lot of interest, has accelerated GOAT’s launch. Since the memecoin was listed on well-known exchanges like Bybit, BitMEX, and Crypto.com, its popularity has only increased.
🚀 #GOATUSDT Perpetual Contract is now Live on #BybitContract with @gospelofgoatse!
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— Bybit (@Bybit_Official) October 23, 2024
On October 23, Bybit unveiled the GOAT/USDT Perpetual Contract with up to 12.5x leverage. Furthermore, traders are enthralled by the viral tale of Truth Terminal becoming a millionaire in days, encouraging further investments in GOAT.
2. Popcat Sol (POPCAT)
The Solana-themed memecoin POPCAT, which has increased by 15% over the last day, is currently the second-best gainer of the day. With weekly and monthly gains of 27% and 65%, respectively, POPCAT is currently trading at $1.57. POPCAT’s trading volume and market value have increased to $223.56M and $1.54B, respectively.
According to Coinglass, Popcat’s futures open interest has increased by 28% to a record $265.45 million. This dramatic increase indicates growing investor interest since the open interest was less than $20 million in August.
Furthermore, following a week of outflows, Popcat’s spot inflows and outflows are reversing, with inflows of $1.02. The recent price spike was partly caused by a greater open interest figure, frequently indicating increasing demand among traders. This change in inflows and growing interest in futures indicate strong market momentum for Popcat.
3. Cat In A Dog’s World (MEW)
MEW, or Cat in a Dog’s World, has seen a comeback and reached a record high today. The coin was the third-largest gainer of the day after rising 11% over the last day. Since its debut, MEW has drawn a lot of attention; it currently ranks 75th and shows significant investor interest.
MEW is now trading at $0.0101, up 80% monthly and 17% weekly. Today, it hit a new all-time high of $0.01054, up 1146% from its launch. The trading volume is $343.80 million, and the market capitalization is $896.84 million.
The technical indicators on the 4-hour chart indicate that MEW is trading in an upward channel. By pushing the price to test the resistance at the new ATH mark, the bulls are firmly maintaining their position.
Strong investor interest is indicated by the Relative Strength Index (RSI) indicator, which is presently hovering in the overbought area. Additionally, as the MACD line rises higher above the signal line, the Moving Average Convergence Divergence (MACD) indicator moves upward. As the token looks to breach the current ATH, the path of least resistance for MEW is, therefore, bullish.
Conclusion
Top crypto gainers, including Goatseus Maximus, Popcat SOL, and Cat in a Dog’s World, have shown impressive results in today’s crypto market recovery. Technical indicators, exchange listings, and strong investor interest have all contributed to these coins’ remarkable increases, setting them up for future expansion.
Raymond Munene
Raymond Munene is a crypto content writer who contributes to Crypto2Community. With over three years of experience, he is interested in Bitcoin, Blockchain, and Technical Analysis. Focusing on daily market analysis, his research helps traders and investors alike. His particular interest in cryptocurrency and blockchain aids his audience.
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