Posted on

‘The Dog Days Are Over’: Cat Memecoins Soar 16.1% After Roaring Kitty’s Return

On Monday, popular internet figure and trader “Roaring Kitty” made a surprise comeback to social media that sent the crypto market into shock and excitement.

His return post was followed by a series of cryptic videos, including catsm, which seemingly fueled a price increase for cat-themed memecoins in the past 24 hours.

Memecoin Frenzy And Market Reaction

Keith Gill, known as “The Roaring Kitty,” returned to social media after a three-year hiatus by posting the popular “leaning forward in the chair” meme.

His comeback propelled GameStop’s meme stock (GME) price to rise 201% in the past day, as he was a major player during the 2021 meme stock frenzy.

Alongside the image, the trader shared a series of video edits that also fueled the memecoin market. As reported by News BTC, Wolverine-inspired memecoins soared after featuring the Marvel character in one of his edits.

Other big players in the sector saw green numbers in the following hours, like Pepe (PEPE) and many of the top market cap dog-themed memecoins.

As part of the ripple effect, the largest frog-themed memecoin has flipped Solana (SOL) in its daily trading volume, registering a 238% increase in volume in the past day.

Moreover, smart traders benefited from the surge after buying large token amounts. According to Lookonchain, one whale bought 195 billion PEPE, worth $1.98 million, and had already made $236,000 in unrealized profit a few hours later.

Dog Days Are Over, Cat-Themed Memecoins Gain 16%

The impact of Roaring Kitty’s return didn’t stop at the dog-themed memecoins. Several images and references to cats were part of the trader’s edits, fueling a 16% surge in the cat-themed sector.

Feline-inspired memecoins have been gaining popularity during this cycle, with tokens like cat in dog word (MEW) and Popcat (POPCAT) joining the top-ten memecoins list in the past month.

One of Roaring Kitty’s edits included a fragment of Florence + The Machine’s song “Dog Days Are Over.” Alongside the video, the trader emphasized the lyrics, “The dog days are over, the dog days are done.”

Additionally, he added cat images, seemingly insinuating that a future memecoin rally could be led by cat-themed memecoins instead of the usual dog-themed ones.

Whales Hear The ROAR

Lookonchain reported that, alongside GME, the memecoin Roaring Kitty (KITTY) skyrocketed 13,000%. Other feline-themed tokens, including POPCAT, MichiCoin (MICHI), and Roaring Kitty (ROAR), also saw a significant surge.

Popcat has registered a 24.4% and 276% increase in the one-day and monthly timeframes, while MichiCoin surged 38.9% in the past day and 333.5% since its launch on April 26. Both tokens also saw an 80% increase in the daily trading volume.

Among the top gainers were the tokens inspired by the trader. The Ethereum-based SOAR skyrocketed over 1162% in hours, going from $0.00024830 to $0.0031338. This surge also represented a massive 3216.8% increase in the weekly timeframe, with a similar daily trading volume increase of 826%.

Per the report, whales took advantage of the momentum and loaded their bags with these tokens. One whale withdrew SOL from Binance and bought 490,400 POPCAT, worth around $235,472.

Another big player, who had previously made 2,170 SOL, about $320,000, on POPCAT, spent another 4,000 SOL, approximately $592,000, to buy POPCAT and MICHI tokens. The whale acquired 587,3830 POPCAT for 2,000 SOL and 626,616 MICHI for the same amount.

Memecoins, POPCAT, POPCATUDT

Posted on

Memecoins Resurgence? POPCAT And MEW Lead The Way With 20% Surge

As the crypto market settles in on this new phase of the crypto cycle, some memecoins have shown remarkable performance over the last couple of days.

Cat-theme tokens have significantly grown in popularity during this bull run, with some, like Cat in a Dog’s World (MEW), making it to the top 10 memecoins list. Other feline-inspired tokens like Popcat (POPCAT) and Wen (WEN) have had a stellar week after recent partnerships that caused the price to surge by 20% overnight.

Was The Memecoin Surge Fueled By Bitcoin?

The memecoins sector has been dominated by dogs, with tokens like Dogecoin (DOGE) and Shiba Inu (SHIB) being the flagship memecoins for the last few years. During this bull cycle, dog-themed tokens like Bonk (BONK) and dogwifhat (WIF) have been the talk of the town, and some of the tokens with the strongest performance.

Since its launch in January 2023, Bonk has surged around 4291%, while WIF has soared about 1512% since December 2023. Moreover, the sector has shown stellar performances with cryptocurrencies like PEPE and Book of Meme (BOME).

Bitcoin (BTC) has dominated this cycle alongside memecoins, as highlighted by top crypto analysts like Alex Krüger and Altcoin Sherpa. However, their performance has been strongly co-related to BTC’s in most cases.

The rest of the market has gone down with Bitcoin whenever the flagship cryptocurrency faces a strong retrace. Consequentially, when BTC has recovered, most sectors, including memecoins, have regained their levels. It’s worth noting that some tokens like Popcat have continued to perform well, even during the recent rally slowdowns.

On Thursday, Bitcoin successfully tested the $59,000 resistance level after spending most of May’s first days hovering between $57,000-$58,000. In the last hours of the day, the largest cryptocurrency seemingly turned the resistance level into a support zone, pumping the price of several memecoins.

As a result, the memecoin market was 9.46% up on Thursday night. Similarly, cat-themed tokens were up by 22.09% with a market capitalization of $1.581 billion, per CoinMarketCap data.

Cat-Themed Memecoins Take The Lead With Popcat

Despite dominating the memecoins market, canine-inspired tokens have lost some ground against the increasing popularity of feline-inspired ones. While the cats’ tokens had increased over 20% in the previous 24 hours, the dogs’ sector only surged 3.7% in the same timeframe.

Over the last few days, cat-themed memecoins have been among the top gainers in the crypto market. For instance, Popcat has remarkably maintained its upward trajectory during the recent retrace and also joined the top 10 memecoins list.

Popcat, which seems to be building a loyal community, has continuously shown double-digit gain percentages this week. As reported by SolanaFloor, the token momentarily flippled BOME with its $570.3 million market capitalization.

Moreover, as Bitcoin reclaimed the $59,000 level, the cat-themed token saw a 31% price increase in the daily timeframe. This made Popcat the largest gainer among the top ten memecoins.

According to memecoin analyst Murad, Popcat will surge to $5-10 in the short-term as “the Crowned Top Cat.” As the token reached its all-time high (ATH) of $0.618 on Thursday, the trader highlighted several targets, including a long-term $20 scenario.

popcat, memecoins

Murad expects the token “to go to $1 quickly” next time it closes above $0.63. Per the analysts, “It’s Cat Season baby and $POPCAT is in control.”

MEW Remains A Popular Cat

A month ago, MEW joined the dogs’ pack after becoming the eighth largest memecoin by market capitalization. Since then, the lonely cat’s performance has struggled, with a 51.8% and 28.4% price decrease in the monthly and weekly timeframes.

Despite the recent drop in performance, the token has remained one of the hottest topics among altcoins. On Monday, crypto exchange Bidget crowned MEW as the most searched altcoin on the exchange, beating PEPE and SOL on the “#BidgetTrendingSpot.”

At the time of writing, the token has shown a remarkable 12% price recovery in the last 24 hours, currently trading at $0.00424.

memeocoins, cat-themed memecoins, Poppet, POPCATUSDT

Posted on

Cat-Themed Memecoin Surges 14.9% After Major Exchange Listing And Whale Frenzy

Memecoins have been the most popular narrative of Q1 2024, with dog-inspired tokens leading the pack. However, one memecoin has been jumping on the roofs and assuring everybody hears it meow.

Cat in a dogs world (MEW) is a new player in the memecoin market, having been out for less than a month. In this short time, the token has left its clowder behind and joined the high ranks of the top ten memecoins by market capitalization.`

From The Roofs To The Ocean

The memecoin started remarkably, with a 267.54% growth during its first week. However, MEW is not immune to the crypto market dynamics, as its rally has slowed down with the corrections of Q2.

During the latest Bitcoin correction, MEW experienced a price drop of over 52%, going from trading at $0.00402 to as low as $0.00189 over the weekend, as seen in the chart below. A whale didn’t miss the chance to profit from the dip and bought 479.6 million MEW on Sunday.

Memecoin, MEW, cat in a dogs world, Bitcoin, BTC

According to Lookonchain data, a whale withdrew 10,438 SOL, worth around $1.54 million, from Binance to buy MEW. The whale bought the cat-themed token at an average price of $0.0032, doubling its investment in 48 hours.

At the time of this writing, the whale’s holdings are worth $3.12 million, and it has made over $1.56 million in profits. Moreover, after the first whale transaction, the token’s price began to recover from the drop, surging over 119% from its lowest point during the weekend as Monday started.

Major Exchange Listing Boosts The Memecoin

MEW continued its upward trajectory after being listed on one of the largest crypto exchanges by volume. On Monday, OKX announced the listing of popular token dogwifhat (WIF) and cat in a dogs world.

After the announcement, the cat-themed memecoin’s price surged 38.22% before retracing to the support zone of $0.00450 as the day closed. Nonetheless, MEW stole WIF’s hat, as the dog-themed sensation registered a 15.2% drop in the last 24 hours.

The popularity of feline-inspired tokens has increased throughout 2024’s Q1. Several cat memecoins launches offered massive gains to investors during the first days of Q2. Despite many of those gains being driven by the Solana memecoin frenzy, it appears that MEW holds stronger than others among the clowder.

As Tuesday started, the token began to soar again, skyrocketing 21.3% in just one hour. MEW’s market activity also rose 17.7% in the past day, with a daily trading volume of $227.6 million.

Similarly, the token has become a hot topic, according to CoinMarketCap data. In an X post, the crypto data platform revealed that MEW was third as the most mentioned token in its CMC community.

Cat in a dogs world is trading at $0.00634 at writing time, jumping 14.9% from yesterday’s price. Despite being 38.3% down from its all-time high (ATH) of $0.00971, MEW registers a 60% surge in the weekly timeframe.

memecoin, MEW, MEWUSDT,

Posted on

Cat-Themed Memecoins Growing Popularity: Traders Earn Millions With MEW and MOEW

The memecoin market has been dominated by dog-themed tokens for the past few years. Despite not being as popular and well-known as their canine crypto counterparts, cat-themed tokens are starting to appear at the forefront of the meme-inspired market.

Cats In A Dogs Crypto Market

Memecoins can become a market sensation overnight, and their communities can be some of the most supporting investors, as seen with the Vegas Sphere “wif on sphere” fundraiser campaign.

Dogecoin and Shiba Inu remain the biggest tokens by market capitalization in this category. About a month ago, eight of the ten largest memecoins by market capitalization were canine-inspired.

Nonetheless, cat-themed tokens have started infiltrating the pack of dogs after a recently launched player made it to the top ten memecoins list.

Cat in a Dogs World (MEW) launched on March 26 and just 48 hours later reached a $200 million market cap. MEW surpassed BONK, WIF, and PEPE as the fastest fair launch to accomplish this feat.

MEW’s market cap reached $644 million in just eight days, making it the eighth largest memecoin by this metric. Moreover, the token rallied over 50% on Wednesday after crypto exchange KuCoin announced its listing.

Crypto, memecoins

MEW’s performance in the past seven days shows an impressive 267.54% surge. Despite this, the token’s rally slowed down today. The cat-themed cryptocurrency lost over 15% of its value from the day prior. At writing time, MEW is trading at $0.00737049.

Similarly, its daily market activity took a hit, decreasing 35.3% to $208.4 million traded in the past 24 hours.

What Are They Feeding Cat-Themed Memecoins?

The growing interest in feline-inspired tokens has resulted in many newly launched memecoins quickly surpassing massive levels.

On Wednesday, a new token called Ansem’s Cat (HOBBES), inspired by Hobbes, the cat of crypto trader Ansem, broke a $100 million market cap on its launch day.

MOEW, a Base token launched on Wednesday, made the news after a trader turned $13,000 into $2 million in just one hour. According to data provided by Lookonchain, the crypto trader spent 3 ETH ($13,000) to buy 499.9 million MOEW, a 158x gain.

Then, the trader sold 116 million MOEW for 99 ETH, around $328,000, when the rice surged. At the time of the report, the trader had 388.24 million MOEW left, worth over $1.7 million.

Similarly, another trader made a profit on MEW’s opening day. In 20 minutes, this crypto trader made almost $900,000 in profits from selling SOL and buying the memecoin.

Nonetheless, the community has questioned these whale moves. Many wonder whether the cat-themed profits come from strategic trading or insiders from the projects.

Whichever the case, cat-themed tokens are starting to make a sound in the crypto market. Ultimately, the crypto community has begun noticing potential in the feline-inspired coins.

memecoin, MEW, MEWUSDT, Cat-themed tokens, crypto