$POPCAT pumped 9.64% within 24 hours, and the Whale's large buyback boosted market confidence.

Gate news: $POPCAT has pumped by 9.64% in the past 24 hours, with significant increases in both volume and market activity, sparking widespread follow in the market.

According to on-chain analyst Lookonchain's monitoring, a certain Whale previously suffered a loss of $611,000 due to holding $POPCAT, with a staggering 45% loss. However, in the past two days, the Whale used 8,644 $SOL (worth approximately $1.29 million) to purchase 1.3 million $POPCAT, with an average price of $1 per token. This move has been interpreted by the market as a strong vote of confidence in the future of the Token, thereby boosting the coin's price. Although this buyback has boosted market sentiment in the short term, investors still need to closely follow the subsequent market performance, especially in the context of significant Fluctuation in the global crypto market, there remains uncertainty as to whether the price can maintain the pump trend.