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
Solana Tests Quantum-Resistant Signatures but Encounters a Sharp Speed Penalty
Solana is collaborating with Project Eleven to develop quantum-resistant signatures, facing challenges with larger signature sizes and a 90% reduction in network speed. This raises concerns about balancing future security with current performance and scalability.
CryptoNewsFlash7h ago
$285M Solana Disaster – Here’s What Actually Happened
On April 1, 2026, things fell apart on Solana (SOL). Drift Protocol got hit with a $285 million exploit, and within hours, its token crashed hard. The impact didn’t stop there, it quickly spread to other connected protocols.
This breakdown is based on reporting and analysis from Coin Bureau wi
CaptainAltcoin11h ago
Circle Mints $1 Billion USDC on Solana as On-Chain Dollar Demand Grows
Circle's recent $1 billion USDC mint on Solana indicates rising demand for stablecoins, highlighting Solana's growth in on-chain financial activities. This event suggests increased liquidity and a shift towards digital dollars in crypto markets.
CryptometerIo12h ago
Exodus Movement 3 月末 BTC 持有量增至 628 枚，SOL 增至 17,541 枚
Gate News message. On April 8, publicly listed self-custody crypto company Exodus Movement released updated data on its digital asset holdings as of the end of March. The data shows that the company’s Bitcoin holdings increased to 628 coins (a net monthly gain of 18 BTC), its Ethereum holdings increased to 1,857 coins (a net monthly gain of 17 ETH), and its Solana holdings increased to 17,541 coins (a net monthly gain of 1,847 SOL).
GateNews13h ago
SOL Strategies Acquires Darklake Labs to Accelerate Zero-Knowledge Privacy Via Solana
SOL Strategies Inc. has acquired Darklake Labs for $1.2M to enhance zero-knowledge privacy on the Solana network, strengthening its position in decentralized finance and securing on-chain transactions. The move integrates Darklake's expertise, aiming to bolster financial security and advance product development.
BlockChainReporter15h ago
$285M Solana Disaster – Here’s What Actually Happened
On April 1, 2026, things fell apart on Solana (SOL). Drift Protocol got hit with a $285 million exploit, and within hours, its token crashed hard. The impact didn’t stop there, it quickly spread to other connected protocols.
This breakdown is based on reporting and analysis from Coin Bureau wi
CaptainAltcoin17h ago
