Cryptocurrency Knowledge

What is POPCAT?

GET TO KNOW POPCAT

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What is Popcat (POPCAT)?

Popcat (POPCAT) is a meme coin (memecoin) running on the Solana blockchain, inspired by a cat meme called “Oatmeal”.
which is popular in the online world. The founder of the project remains anonymous.

Native Blockchain:

Popcat (POPCAT) is based on Solana-based

Protokola Konsensus:

Solana uses a mixed consensus mechanism between Proof of History (PoH) and Proof of Stake (PoS).
Proof of History (PoH) serves to create a time record to prove that different events occur in a certain order.
Proof of Stake (PoS) encourages validators to act faithfully using staking.

Founder/Date Founded:

The Popcat (POPCAT) creation team chose to remain anonymous, which is a common approach to meme coins.
This preservation of anonymity is consistent with the concept of Decentralization (decentralization).
and Community-Driven Projects
Which often focuses on the mascot or theme of the project, rather than the person behind it.

Objective/Use Case:

Popcat (POPCAT) is a meme coin for entertainment and community engagement. Interactive game “Popcat.click” or “Pop the Cat”.
Where players can click to accumulate “pops” and may be rewarded as POPCAT tokens, used for tipping
and send/receive payments on the Solana network

Total supply/Limit or Unlimited:

Total Supply: Approx. 979,973,185 POPCAT

Risks of Investing in Popcat (POPCAT):

Popcat (POPCAT) will present attractive investment opportunities, but investors need to be aware.
Despite the risks involved, Popcat (POPCAT) has a majority of liquidity.
Concentrated in some Liquidity Pool on DEXs such as Raydium
(Data from DexScreener as of the date of the query indicate a total liquidity of approximately $14.1 million for the POPCAT/SOL pair.)

General Memecoin Risks:

High Volatility: The price of POPCAT tends to fluctuate strongly and quickly.
It has been heavily influenced by social media popularity, news and community sentiment.
More than economic or technological fundamentals, Hype-Driven:
Much of the value of meme coins like POPCAT comes from speculation, viral marketing.
and creating a stream in the community. When the flow of attention decreases, the value of the coin can drop sharply.

Source:

https://www.popcatsolana.xyz/ 

https://coinmarketcap.com/currencies/popcat-sol/ 

https://www.coingecko.com/en/coins/popcat 

https://www.bitstamp.net/learn/cryptocurrency-guide/what-is-popcat/ 

https://www.coinbase.com/price/popcat-sol  

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