{"id":16131,"date":"2024-10-24T09:58:36","date_gmt":"2024-10-24T09:58:36","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=16131"},"modified":"2024-10-24T09:58:36","modified_gmt":"2024-10-24T09:58:36","slug":"cat-themed-meme-coins-explode-as-popcat-and-mew-soar-by-double-digits-details","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=16131","title":{"rendered":"Cat-Themed Meme Coins Explode as POPCAT and MEW Soar by Double Digits: Details"},"content":{"rendered":"

TL;DR<\/strong><\/p>\n

Solana-based meme tokens like Popcat (POPCAT) and Cat in a Dogs World (MEW) saw significant gains. Their rally aligns with SOL\u2019s price surge in the past 24 hours.
\nMEW\u2019s pump could also be attributed to its listing on the Korean crypto exchange Upbit, which recently launched the MEW\/KWR trading pair.<\/p>\n

<\/a><\/span><\/h2>\n

New ATH for These Tokens<\/h2>\n

The cryptocurrency market experienced enhanced volatility in the past 24 hours, with many leading digital assets registering some losses. The meme coin sector has underperformed, too, with Dogecoin (DOGE) and Shiba Inu (SHIB) being in the red.\u00a0<\/span><\/p>\n

Cat-themed memes,<\/span> on the other hand, are among the few big gainers today (October 24).<\/span> The largest by market capitalization \u2013 Popcat (POPCAT) and Cat in a Dogs World (MEW) \u2013 reached new all-time highs of $1.67 and $0.0105, respectively.
\n<\/span><\/p>\n

<\/a>MEW Price, Source: CoinGecko<\/p>\n

Other cat-related tokens that have pumped substantially in the last 24 hours include Mog Coin (MOG), Michi (MICHI), MANEKI (MANEKI), and others.\u00a0<\/span><\/p>\n

It is worth mentioning that most of the surging memes <\/span>are built<\/span> on the Solana blockchain. For its part, SOL is up 5% daily and 14% weekly, currently trading at almost $175. Its rally coincides with rising on-chain trading volume on the network. <\/span><\/p>\n

According to DefiLlama, the figure <\/span>surpassed<\/span><\/a> $2.6 billion on October 24 (a level last observed in mid-August this year). <\/span>Additionally, <\/span>the<\/span> total value locked (TVL) <\/span>on Solana<\/span> has skyrocketed to a 34-month high of more than $6.5 billion.<\/span><\/p>\n

MEW\u2019s Exponential Rise<\/span><\/h2>\n

The<\/span> recent significant price increase <\/span>of MEW<\/span> could also <\/span>be linked<\/span> to Upbit\u2019s decision to allow trading services with it.<\/span> This<\/span> happened<\/span><\/a> earlier this week, with the asset joining crypto\u2019s top 100 <\/span>club<\/span> shortly after. <\/span>Currently,<\/span> MEW\u2019s market capitalization is just south of the $1 billion mark, making it the 90th-largest cryptocurrency.<\/span><\/p>\n

According<\/span><\/a> to X user pow, the cat-themed meme coin has been highly successful in the Korean market, generating a 24-hour trading volume of $150 million on Upbit and Bithumb (the country\u2019s leading crypto exchanges).<\/span><\/p>\n

Some market observers believe MEW might record further gains <\/span>in the near future<\/span>. X user CryptoBull_360 <\/span>thinks<\/span><\/a> it is \u201cready for a strong breakout from <\/span>ATH<\/span> resistance zone,\u201d with rising trading volume potentially playing a role.<\/span><\/p>\n

The post Cat-Themed Meme Coins Explode as POPCAT and MEW Soar by Double Digits: Details<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

TL;DR Solana-based meme tokens like Popcat (POPCAT) and Cat in a Dogs World (MEW) saw significant gains. Their rally aligns with SOL\u2019s price surge in the past 24 hours. MEW\u2019s pump could also be attributed to its listing on the Korean crypto exchange Upbit, which recently launched the MEW\/KWR trading pair. New ATH for These […]<\/p>\n","protected":false},"author":0,"featured_media":16132,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-16131","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/16131"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=16131"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/16131\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/16132"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=16131"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=16131"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=16131"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}