Gate News Bot news, on November 20, according to CoinMarketCap data, as of the time of writing, POPCAT (Popcat (SOL)) is currently priced at $0.11, with a rise of 5.93% in the last 24 hours, reaching a high of $0.12 and a low of $0.10. The current market capitalization is approximately $109 million, an increase of $6.1 million from yesterday. POPCAT is currently ranked 271st in the global crypto assets market capitalization.
Recent important news about POPCAT:
1️⃣ Hyperliquid platform suffers from POPCAT manipulation attack
Recently, the Hyperliquid platform suffered a manipulation attack involving the POPCAT token. The attackers invested approximately $3 million, leading to losses of up to $4.9 million for Hyperliquidity Providers (HLP). This incident has exposed the vulnerabilities of the POPCAT market, which may raise concerns among investors about its security.
2️⃣ Massive 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, leading to severe fluctuations in the POPCAT price. This manipulation seriously disrupted market order and could undermine investor confidence.
3️⃣ POPCAT price fluctuates significantly
Due to the impact of the attack event, the price of POPCAT has experienced significant fluctuations. In a short period, the price sharply dropped from a high of $0.21 to $0.10. This severe price volatility has increased market uncertainty, which may lead investors to adopt a more cautious attitude.
From a technical perspective, the POPCAT price has currently rebounded from recent lows, indicating that the market may be digesting the impact of this attack event. However, considering the high volatility of the Crypto Assets market, investors still need to remain vigilant and pay attention to the follow-up measures taken by the POPCAT team and the Hyperliquid platform regarding this incident.
This message is not intended as 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's Six-Year Review: Survived Multiple Outages and Hacker Attacks, SOL Price Surged from $8 to $96
Solana celebrated the sixth anniversary of its mainnet launch on March 18th after six years of challenging development. Although the blockchain has experienced multiple outages and security incidents, it has continued to operate. The market remains cautious about its stability, and its future performance will depend on network reliability and ecosystem recovery capabilities.
GateNews15m ago
UAE cryptocurrency companies demonstrate resilience amid conflicts between the US, Israel, and Iran, with business operations remaining unaffected.
Although the Middle East region is in turmoil due to the conflict between the US, Israel, and Iran, crypto enterprises in the UAE have demonstrated resilience in the cloud and virtual markets, with daily operations unaffected and attractiveness remaining stable.
GateNews1h ago
Gate Crazy Wednesday is now live! Complete tasks to win FOGO and Leica cameras. USDT financial products offer up to 100% APY. Stake BTC, ETH, SOL and earn up to 16% mining APY.
Gate News bot message: According to Gate's official announcement on March 18, 2026
Gate launches the "Crazy Wednesday" activity, running from March 18, 2026 at 14:00 to March 22 at 16:00 (UTC+8). Users can unlock blind boxes by completing multiple tasks including flash swaps, spot trading, contract trading, and deposits. Prizes include FOGO tokens, lucky bags, and Leica cameras, with a 100% win rate.
During the event, the platform offers a USDT 14-day fixed wealth management product with 8% annualized yield. New users can enjoy a 3-day 100% annualized yield bonus. Additionally, surplus asset wealth management products are available including 0G, APT, AZTEC, and IDOS, with maximum annualized yields reaching 300%. Users who stake BTC, ETH, and SOL can enjoy up to 16% annualized yield, with SOL staking of 0-1 eligible for 16% annualized returns. All rewards will be distributed within 14 business days after the event concludes.
GateAnnouncement1h ago
Solana Wallet Phantom Breaks New Ground: CFTC Approves Non-Custodial Derivatives Access
Phantom, Solana's self-custodial wallet, has received a no-action letter from the CFTC, enabling it to connect directly to CFTC-registered derivatives markets through a non-custodial interface without needing to register as an introducing broker. This breakthrough allows users to access regulated derivatives while maintaining control of their funds, providing a compliance template for future crypto wallets. Phantom's strategy involves communicating proactively with regulators to ensure lawful operations.
MarketWhisper4h ago
Major whale withdraws over 120,000 SOL from a certain CEX after 4 months of inactivity, worth approximately $11.47 million
On March 18, Lookonchain detected a whale address withdrawing 121,480 SOL worth $11.47 million after being dormant for 4 months. The address had previously withdrawn 186,621 SOL 4 months ago with paper losses exceeding $8 million, yet continues to buy more SOL.
GateNews5h ago
US SOL spot ETF experienced a single-day net inflow of $17,810,700
On March 17, the US SOL spot ETF recorded a single-day net inflow of $17.81 million, primarily from the Bitwise Solana Staking ETF, with cumulative historical net inflows reaching $803 million. As of now, the total assets under management are $937 million, with a net asset ratio of 1.73%.
GateNews6h ago
