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December 1, 2024

Why POPCAT Could Not Sustain Its 79% Gains in November

POPCAT has faced challenges in holding onto its remarkable 79% gains from November. Since late September, the number of addresses holding over 100K POPCAT tokens has gradually declined. This trend raises questions about the sustainability of previous gains and the future outlook for this cryptocurrency. Analysts recommend monitoring trading patterns and address activity closely to gauge market interest in POPCAT. Understanding these dynamics can provide valuable insights for current and prospective investors aiming to navigate this volatile market environment.

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