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Bitcoin breaks $100K, signaling a bull market; meme coins Simon’s Cat, Catslap, and Goatseus Maximus show breakout potential.
Bitcoin has confirmed the bull market is back, breaking out past $100K for the first time ever.
And after a brief dip last week, new emerging meme coins have started to break out, with top analysts suggesting that huge gains could be on the horizon.
Three of those showing the most strength today are Simon’s Cat, Catslap, and Goatseus Maximus.
Simon’s Cat approaches falling wedge breakout
After two weeks of retracement, Simon’s Cat is on the verge of an explosive breakout.
Prominent crypto trader Bluntz was among those to catch the recent move, writing that it is “on the verge of being so back” as its price storms into a key resistance level.
CAT has been forming a falling wedge chart pattern, which often results in a strong break to the upside.
Bluntz did not provide a target for how far he thinks Simon’s Cat could go, although his tweet alludes to the fact that an uptrend continuation will ensue. CAT is up 78% this month and 255% since CoinMarketCap began tracking its price data in August.
It holds a $317 million market cap and a $113 million 24-hour trading volume.
Bluntz isn’t the only one who thinks Simon’s Cat will keep running. Unipcs, aka “The Bonk Guy,” dubbed Simon’s Cat as his favorite meme coin pick.
The analyst noted that Simon’s Cat is a BNB-native meme coin, and the fact that the BNB coin has just flipped SOL adds to the project’s bullish outlook.
“I won’t rule out CAT pulling a monster rally soon off the back of the BNB momentum,” he wrote.
Catslap rockets 142% on jump trading investment
But there is a new cat-themed meme coin in town. Catslap is an Etherum-based cat coin that brings multiple novel innovations to market.
Notably, it has a “Slap-to-Earn” game where users can generate income for slapping celebrities with a cat, alongside features like stalking, burning, and token buybacks.
The project launched less than two weeks ago but has already gathered massive momentum.
It received a $500K investment from Chicago-based institutional money house Jump Trading. The newsbreak caused a FOMO-driven rally as investors scrambled to buy what could be the next major cat coin.
Currently, Catslap is trading at $0.007367, up 142% in the last seven days. It has a $33 million market cap and a $5.5 million 24-hour trading volume.
Jump Trading’s investment shows the Catslap team is well connected, which could lead to a big exchange listing.
On exchange listings, the project is making a “major announcement” today, which will reveal a centralized exchange on which SLAP will launch soon.
Excitement about the project’s future is high among analysts. Fred Crypto recently said the SLAP price could increase by 90x.
Goatseus maximumus breaks downtrend with huge upside potential
Prominent crypto trader MacroCGR spotlighted Goatseus Maximums, noting that “no one is talking about this breakout.”
As the AI agent meta became saturated, Goatseus Maximumus experienced a cooldown, with its price retracing from highs of $1.35 to $0.6. However, the $0.6 mark provided strong support, and now traders are pointing toward a recovery for GOAT.
Analyst King Charts also noted that GOAT has found strong support and suspects the next move could propel it toward $2.
Beyond its allure as the first AI agent meme coin, another factor driving interest in GOAT is the potential of a Coinbase listing. Binance listed GOAT’s rival Act I: The AI Prophecy, so there is every chance that Coinbase lists GOAT to level the playing field.
Both exchanges have recently engaged in a high-stakes meme coin listing battle recently, with Coinbase listing four meme coins in the last seven days.
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