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Bitcoin Surpasses $100,000, Signaling Bull Market; The meme plays Simon’s Cat, Catslap, and Goatseus Maximus show escapist potential.
Bitcoin has confirmed that the bull market is back, surpassing $100,000 for the first time.
And after a brief decline last week, new emerging coins have started to emerge, with top analysts suggesting huge gains could be on the horizon.
Three of those showing the most strength today are Simon’s Cat, Catslap, and Goatseus Maximus.
Simon’s Cat Nears a Falling Wedge Escape
After two weeks of retracement, Simon’s Cat is on the verge of an explosive breakout.
Prominent crypto trader Bluntz was among those to take notice of the recent move, writing that he is “about to be back” as his price hits a key resistance level.
CAT has formed a falling wedge chart pattern, which often results in a strong breakout to the upside.
Bluntz did not provide a target for how high he thinks Simon’s Cat could go, although his tweet hinted that a continuation of the uptrend will ensue. CAT is up 78% this month and 255% since CoinMarketCap started tracking its price data in August.
It holds a market capitalization of $317 million and a 24-hour trading volume of $113 million.
Bluntz isn’t the only one who thinks Simon’s Cat will continue to operate. Unipcs, aka “The Bonk Guy”, has dubbed Simon’s Cat as his favorite coin choice.
The analyst noted that Simon’s Cat is a native BNB meme coin, and the fact that the BNB coin just flipped SOL adds to the project’s bullish outlook.
“I do not exclude that the CAT will soon organize a monster rally thanks to the momentum of the BNB,” he wrote.
Catslap soars 142% on jump trading investment
But there’s a new cat-themed coin in town. Catslap is an Etherum-based coin that brings several new innovations to the market.
It notably offers a “Slap-to-Earn” game in which users can generate income by slapping celebrities with a cat, as well as features such as stalking, burning and redeeming tokens.
The project was launched less than two weeks ago but has already gained considerable momentum.
He received a $500,000 investment from Chicago-based institutional money firm Jump Trading. The news sparked a FOMO-driven rally as investors rushed to buy what could be the next major coin.
Currently, Catslap is trading at $0.007367, up 142% over the past seven days. It has a market capitalization of $33 million and a 24-hour trading volume of $5.5 million.
Jump Trading’s investment shows that the Catslap team is well-connected, which could lead to a major stock market listing.
On exchange listings, the project is making a “major announcement” today, which will reveal a centralized exchange on which SLAP will soon launch.
Enthusiasm about the future of the project is high among analysts. Fred Crypto recently stated that the price of SLAP could increase 90 times.
Goatseus maximumus breaks downtrend with huge upside potential
Prominent cryptocurrency trader MacroCGR highlighted Goatseus Maximums, noting that “no one is talking about this breakout.”
As the AI agent meta became saturated, Goatseus Maximumus experienced a cooldown, with its price falling from a high of $1.35 to $0.6. However, the $0.6 mark provided strong support, and traders are now pointing towards a recovery for GOAT.
Analyst King Charts also noted that GOAT has found strong support and suspects the next move could propel it towards $2.
Beyond its appeal as the first AI agent meme coin, another factor driving interest in GOAT is the potential for a Coinbase listing. Binance has listed GOAT’s rival, Act I: The AI Prophecy, so there is every chance that Coinbase will list GOAT to level the playing field.
The two exchanges recently engaged in a high-stakes meme coin listing battle, with Coinbase listing four meme coins in the last seven days.
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