Key Takeaways:
Popcat price surged over 100% in two weeks, driven by renewed interest in meme coins and rising risk appetite among traders.
A well-known trader, Unipcs, reported a $500K profit from Popcat and continues to hold, citing potential for further growth.
Whale activity is picking up, with smart money accumulating meme coins like Popcat and Fartcoin — a sign of increasing optimism in the market.
In April, meme coin Popcat (POPCAT), which had lost over 90% of its value since November 2024, returned to the spotlight with a sharp price recovery.
According to CoinGecko, POPCAT price has gained more than 107% over the past two weeks. At the beginning of April, the token was trading at around $0.15. By April 23, it had risen to $0.38 — its highest price in the past 30 days.
Source: CoinGecko
The meme coin market, more broadly, has also shown signs of recovery. These tokens are typically seen as the riskiest segment of crypto and often underperform during periods of market stress. But over the last week, several meme coins have posted notable gains.
According to CoinGecko, among the strongest performers was Fartcoin (FARTCOIN), which rose by 102% over the past 30 days. Its move may have contributed to broader momentum across the meme coin sector.
Meme Coin Trader Unipcs Reports $500K Profit — and Keeps Holding
POPCAT price rise has coincided with posts from Unipcs, a well-known meme coin trader on X. Unipcs gained attention previously for profiting from Bonk (BONK) before it became widely known.
On April 9, Unipcs posted that they had added more POPCAT to their portfolio, well before the price surge. Screenshots also showed that the trader held a position in Fartcoin at the time.
Following several days of price gains, Unipcs posted an update on April 22, reporting over $500,000 in profits from the POPCAT trade. However, the trader stated they were not selling and continued to hold the token.
According to Unipcs, the price still has room to grow. POPCAT is trading about 80% below its all-time high of $2.04, reached during the meme coin rally around the U.S. elections on November 17, 2024. The trader believes that “the bull run is not done.”
Popcat Price Surges as Smart Money Signals Renewed Optimism
While it’s difficult to measure exactly how much Unipcs influenced market behavior, other large holders, or “whales,” have also been actively accumulating POPCAT.
According to Stalkchain, one whale purchased about $652,690 worth of POPCAT on April 23. That address now holds roughly $1.3 million in the token.
Stalkchain also noted a broader trend: smart money appears to be moving back into meme coins. As of April 22, Fartcoin led with a net inflow of $675,470. Jupiter (JUP) was second with $293,630, and Popcat ranked third with $237,700.
Amid growing interest, there’s a sense of renewed optimism among the crypto community. Meme coins remain highly volatile and are considered riskier than most digital assets. But increased risk-taking could reflect broader confidence in market conditions.
At the same time, prices in the meme coin sector remain highly volatile and difficult to predict. Sharp moves in either direction can happen within hours, making these assets especially risky for traders and investors. However, the recent surge in whale activity and increased trading volume suggest that some are willing to take on that risk, perhaps in anticipation of broader market recovery or simply chasing short-term gains.
This renewed appetite could also be supported by macroeconomic shifts, including the recent U.S. announcement to reduce tariffs on China. While it’s too early to say whether this trend will last, the return of capital to meme coins is a sign of growing optimism in the crypto space.
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