Gate News Bot news, on November 20, according to CoinMarketCap data, as of the time of writing, POPCAT (Popcat (SOL)) is currently priced at $0.11, with a rise of 5.93% in the last 24 hours, reaching a high of $0.12 and a low of $0.10. The current market capitalization is approximately $109 million, an increase of $6.1 million from yesterday. POPCAT is currently ranked 271st in the global crypto assets market capitalization.
Recent important news about POPCAT:
1️⃣ Hyperliquid platform suffers from POPCAT manipulation attack
Recently, the Hyperliquid platform suffered a manipulation attack involving the POPCAT token. The attackers invested approximately $3 million, leading to losses of up to $4.9 million for Hyperliquidity Providers (HLP). This incident has exposed the vulnerabilities of the POPCAT market, which may raise concerns among investors about its security.
2️⃣ Massive Long Liquidation Triggers Market Turmoil
The attacker established approximately $30 million in POPCAT long positions on the Hyperliquid platform through 19 different wallets. Subsequently, the attacker quickly withdrew a large number of buy orders, causing these positions to be liquidated within seconds, leading to severe fluctuations in the POPCAT price. This manipulation seriously disrupted market order and could undermine investor confidence.
3️⃣ POPCAT price fluctuates significantly
Due to the impact of the attack event, the price of POPCAT has experienced significant fluctuations. In a short period, the price sharply dropped from a high of $0.21 to $0.10. This severe price volatility has increased market uncertainty, which may lead investors to adopt a more cautious attitude.
From a technical perspective, the POPCAT price has currently rebounded from recent lows, indicating that the market may be digesting the impact of this attack event. However, considering the high volatility of the Crypto Assets market, investors still need to remain vigilant and pay attention to the follow-up measures taken by the POPCAT team and the Hyperliquid platform regarding this incident.
This message is not intended as investment advice; investors should be aware of market volatility risks.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
USD1 supply grew by $1.1 billion from the end of January, with the Solana chain growing by $720 million
Gate News reported on March 27 that, according to Yu Jin monitoring, the supply of the USD1 stablecoin has increased from $3.3 billion to $4.4 billion since certain CEX-related activities began at the end of January, an increase of $1.1 billion. The main growth came from the Solana chain, where its supply increased from $160 million to $880 million, an increase of $720 million. The remaining $380 million increment is distributed across the BNB Chain and the Ethereum network. Currently, USD1 is mainly distributed on the aforementioned three blockchains.
GateNews1h ago
USDC Treasury has minted an additional 250 million USDC on the Solana blockchain.
BlockBeats news, on March 27, according to Whale Alert monitoring, USDC Treasury minted an additional 250 million USDC on the Solana chain.
BlockBeatNews2h ago
Solana CRASHES 4.58% – Thai Traders Panic!
The latest update from Bitkub indicates that Solana experienced a decline of approximately 4.5 percent within a single day. During this period, the asset traded within a defined high-to-low range, reflecting active market movement and intraday fluctuations. Despite the price drop, trading volume
Coinfomania6h ago
In the past 24 hours, the entire network experienced liquidations of $214 million, with long positions accounting for over 80%.
Gate News reports, on March 27, according to CoinAnk data, the total liquidation across the network in the past 24 hours was $214 million, with long positions liquidated at approximately $178 million and short positions liquidated at about $36.52 million. By cryptocurrency type, Bitcoin liquidations were approximately $81.21 million, Ethereum liquidations were about $38.67 million, and SOL liquidations were around $10.53 million.
GateNews6h ago
A certain whale unstaked 170,000 SOL within 24 hours and deposited it into a certain CEX, valued at approximately 14.85 million USD.
Gate News reports that on March 27, according to Onchain Lens monitoring, a certain whale unstaked 170,000 SOL (worth approximately $14.85 million) and deposited it into a certain CEX within the past 24 hours. This whale currently still has 457,937 SOL (worth approximately $38.9 million) staked.
GateNews7h ago
