Memecoin Mania: Popcat's$100M Volume Spike & The Whale vs. Retail Battle
- Keyword Financial
- Jul 14
- 3 min read

Introduction
Popcat (POPCAT), a memecoin, recently experienced a significant surge, jumping 12.89% from a low of $0.34 to a monthly high of $0.41 before settling at $0.39. This rally was accompanied by a 76.23% increase in trading volume, reaching $100 million, signaling heightened on-chain activity. The main driver behind this uptick appears to be aggressive accumulation by large holders, or "whales," who increased their holdings by 43.57% to 634.09 million tokens, now controlling 64.67% of the total supply. This whale activity was further confirmed by a net outflow from exchanges, indicating that these large investors are moving tokens off trading platforms, likely for long-term holding.
In the derivatives market, sentiment remains bullish, with the Long/Short Ratio on Coinalyze rising to 2.361, meaning that 70.85% of positions are betting on further price increases. This dominance of long positions suggests that futures traders are confident in Popcat’s continued upward momentum. However, while whales are accumulating, retail investors are taking the opposite approach. Data shows three consecutive days of negative Buy-Sell Delta, with more sell volume than buy volume, indicating that smaller holders are cashing out and taking profits.
Looking ahead, Popcat’s ability to maintain its recent gains hinges on continued whale accumulation. If large holders keep buying at the current pace, the price could push toward the $0.45 mark. However, if retail selling intensifies and whale momentum slows, a correction could occur, potentially driving the price back down to the $0.35 support level. The balance between whale conviction and retail profit-taking will be crucial in determining Popcat’s next move.