Cat-themed Solana (CRYPTO: SOL) meme coin Popcat (CRYPTO: POPCAT) is bound for a significant upwards repricing, according to bullish traders on social media.

What Happened: The meme coin currently ranks seventh among meme coins by valuation but leads the pack in the cat coin category.

Data from CoinGecko shows cat-themed meme coins at an aggregate $6.6 billion market cap, with Popcat as the only coin in the green over the past 24 hours.

Other prominent cat coins include Cat in a Dog's World (CRYPTO: MEW), Mog Coin (CRYPTO: MOG), and Simon's Cat (CRYPTO: CAT).

Polymarket data highlights Popcat as the top contender for new listings on Coinbase (22%) and Binance (24%), with an overall 54% probability of a major exchange listing in 2024.

Trader Notes: Crypto trader Murad Mahmudov attributes his bullish outlook for Popcat to its steady growth, lack of major pumps, and the potential for high-profile exchange listings. He anticipates a $25 valuation by 2025.

Murad also referenced the relatively small size (6.2%) of the cat coin market compared to dog-themed coins, suggesting untapped potential. He noted the "GCR famous Cat Coins prophecy" and the growing adoption of cat coins as signs of an upcoming shift in the meme coin market.

Another trader, Fred, believes Popcat is currently in its "loading stage," while Poptardio emphasized its undervaluation at just 3% of Dogecoin's (CRYPTO: DOGE) market cap. Both predict a substantial rise for Popcat, potentially outperforming other top cryptocurrencies and signalling a broader cat coin rally

• Dogecoin Shot Up Over 300% In 2024 But Cat-Themed Popcat is The Real Top Dog With 23800% Returns This Year

Image: PeakPx