Dogwifhat, Popcat lead 7-day crypto slump, traders eye Oct breakout

Traders are bracing themselves for more pain in September but are looking to October and November with renewed optimism.

Solana-based memecoins Popcat and Dogwifhat led memecoin losses in the last seven days amid a wider sell-off in the crypto market.

Now, traders are bracing themselves for more pain this month before a potential recovery in October. 

Popcat (POPCAT) pared the largest losses among the top 10 memecoins by market cap, plummeting 27.7% from a value of $0.75 on Aug. 26 to a price of $0.56 at the time of publication, per CoinGecko data

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Traders are bracing themselves for more pain in September but are looking to October and November with renewed optimism.
Solana-based memecoins Popcat and Dogwifhat led memecoin losses in the last seven days amid a wider sell-off in the crypto market. Now, traders are bracing themselves for more pain this month before a potential recovery in October. Popcat (POPCAT) pared the largest losses among the top 10 memecoins by market cap, plummeting 27.7% from a value of $0.75 on Aug. 26 to a price of $0.56 at the time of publication, per CoinGecko data. Read more