Markets
CASHCAT rallies 11%: Will bullish bets push the memecoin towards $0.12?
The Cash Cat [CASHCAT] memecoin recorded one of the notable rebounds on the 3rd of November, at a time when the broader crypto market remained in a somewhat neutral but bullish phase, with market capitalization hitting $2.61 trillion. The asset is up 11% in the past 24 hours, driven by growing interest in the perpetual market and broader capital flows, which suggest memecoin traders may be preparing for another mini-rally. However, the path towards a rally is not a clear one, as obstacles still lie ahead. Why Cash Cat is rallying The surge in Cash Cat’s price has perpetual traders...
AMBCrypto4 min read
