Gate News Bot message, on November 18, according to CoinMarketCap data, as of the time of writing, POPCAT (Popcat (SOL)) is currently priced at $0.10, having fallen by 5.07% in the last 24 hours, with a high of $0.21 and a low of $0.10. The current market capitalization is approximately $101 million.
Popcat is a click game project based on the Solana blockchain. Users can accumulate clicks by clicking on the Popcat image. The token symbol for this project is POPCAT, and the contract address is 7GCihgDB8fe6KNjn2MYtkzZcRjQy3t9GHdC8uHYmW2hr. Popcat also provides a page with more information about the project and social media links.
Important news about POPCAT recently:
1️⃣ Hyperliquid platform suffers from POPCAT manipulation attack
Recently, the Hyperliquid platform encountered a manipulation attack involving the POPCAT token. The attacker invested approximately $3 million, resulting in losses of up to $4.9 million for Hyperliquidity Providers (HLP). This incident exposed the vulnerabilities of the POPCAT market and may raise concerns among investors regarding its security.
2️⃣ Large-scale long liquidation triggers market turmoil
The attacker established approximately $30 million in POPCAT long positions on the Hyperliquid platform through 19 different wallets. Subsequently, the attacker quickly withdrew a large number of buy orders, causing these positions to be liquidated within seconds, triggering severe fluctuations in the POPCAT price. This manipulation seriously disrupted market order and could undermine investor confidence.
3️⃣ POPCAT price fluctuates greatly
Due to the impact of the attack event, the price of POPCAT has experienced significant fluctuations. In a short period, the price sharply fell from a high of $0.21 to $0.10. This drastic price volatility increases market uncertainty and may lead investors to adopt a more cautious stance.
From a technical perspective, the price of POPCAT is currently at a recent low, reflecting a severe blow to market confidence in the token. If market confidence cannot be rebuilt in the short term, POPCAT may face further downward pressure. However, considering the high volatility of the cryptocurrency market, a reversal is still possible.
This message is not investment advice; investors should be aware of market volatility risks.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Solana Price Faces Downside Risk as Bears Eye $74 Zone
Key Insights
Solana trades near eighty dollars as bearish momentum builds, with indicators signaling weakness and increasing probability of testing lower support levels soon.
Technical signals, including weak MACD and low RSI momentum, indicate sellers remain dominant, reinforcing downside p
CryptoNewsLand1h ago
Solana Holds Key Support as Range Tightens Below $90
Key Insights
Solana trades near $80 support as price compresses within a tight range, reflecting reduced volatility and balanced market participation among traders.
Persistent lower highs and price below major moving averages confirm ongoing bearish structure, limiting recovery attempts
CryptoNewsLand5h ago
SOL Strategies acquires Solana zero-knowledge technology company Darklake Labs for $1.2 million
SOL Strategies announced on April 7 that it will acquire Solana zero-knowledge technology company Darklake Labs for $1.2 million. The deal includes $200k in cash and $1 million in stock. Darklake Labs developed the zero-knowledge proof system Zyga for Solana, aiming to improve transaction privacy and prevent front-running trading and sandwich attacks. After the acquisition, its founders and core team will join SOL Strategies.
GateNews6h ago
Solana Foundation Launches Agent Skills to Bring AI Agents On-Chain
Solana Foundation has introduced Solana Agent Skills, a toolkit for integrating prebuilt on-chain capabilities into AI tools, enabling faster development of AI agents that can execute blockchain actions efficiently. This simplifies the process for developers and positions Solana favorably in the evolving intersection of crypto and AI.
CryptoNewsFlash8h ago
