Popcat price surges as exchange reserves fall, profit leaders hold

Popcat rose for four consecutive days, reaching a high of $0.25, its highest level since March 25. It has jumped by almost 100% from its lowest level this month.

The jump happened as crypto investors bought the dip in some specific Solana meme coins like Fartcoin, Goatseus Maximus, Fartboy, and Vine.

Nansen data shows that more investors are moving their Popcat tokens from exchanges to self-custody. Exchange balances have dropped by almost 10% in the last seven days to 239.5 million, down from 262 million the same day last week.