Question & Answer: What to Know About the POPCAT Crash?
What was the POPCAT crash?
On November 12, 2025, the cryptocurrency scene was rocked by the POPCAT crash. It was a severe drop in value for the Solana-based token, where it fell 40% from $0.21 to just $0.1237 in mere hours. Who could have imagined that would usher in $61 million in liquidations across major exchanges? Market shockwaves had traders quaking in their boots. The hand behind the chaos belonged to an unknown trader who played the market like a fiddle, pulling out $3 million in USDC, stashing the cash across 19 wallets to make a phantom buy wall. Once the wall was in place, the support dissolved, and the price took a nosedive, leaving countless traders with stark losses.
