Popcat surges after Coinbase listing as whale activity fuels revival speculation

The cat-themed token Popcat remains in bullish territory following its Coinbase listing yesterday, as whale activity and bullish price charts fuel growing speculation of a potential revival.

Popcat (POPKAT) has seen significant gains following its recent listing on Coinbase on Feb. 13. On the day of the Coinbase debut, Popcat enjoyed a nearly 30% hike in price, reaching $0.34. The bullish momentum continued on Feb. 14, with the token climbing to an intraday high of $0.37. However, the price has since retraced back to $0.34, according to Coinmarketcap. 

The recent surge in Popcat’s price coincides with renewed whale interest in the token. Just a day after the Coinbase listing, the renowned whale “8icKq” deposited a massive 10 million Popcat tokens—valued at approximately $3.15 million—onto Bybit, fueling speculation that the token is on the cusp of revival. 

This surge in Popcat’s price also follows earlier Coinbase’s announcement that it would provide trading support for perpetual futures on the token. Such moves from a leading exchange are seen as a signal of growing institutional interest and credibility for the token.

Following these developments, the Popcat price chart has caught the attention of many traders on X. One user pointed out the token’s low-risk entry point, noting that it appears to have bottomed out and likely won’t dip back to its previous all-time lows because of its new listing on Coinbase.