On-chain analytics platform Lookonchain highlighted traders booking significant profits with Solana (CRYPTO: SOL) meme coin Popcat (CRYPTO: POPCAT), which could go higher still, according to analysts.

Meme coins typically lack real-world utility, but they can be good buys for the right investor. Their value is often driven by online communities and social media hype—think: Elon Musk tweeting about ...