Paws up, crypto fans! The world of cat-themed meme coins is purring with excitement as they claw their way to a whopping combined market cap of over $4.5 billion. Talk about a cat-tastic takeover!
While the usual crypto big shots like Dogecoin and Shiba Inu are licking their wounds after recent losses, the feline forces are on the prowl, leading the charge in the meme coin realm. October 24 has been a cat lover's delight, with Popcat (POPCAT) and Cat in a Dogs World (MEW) hitting all-time highs of $1.67 and $0.0105. Meowza!
But that's not all. Other feline favorites like Mog Coin (MOG), Michi (MICHI), and MANEKI are also enjoying a fur-raising surge over the past 24 hours. And guess where most of these purring coins call home? The Solana blockchain! SOL itself is on a joyride, climbing 5% daily and 14% weekly, almost reaching $175. With on-chain trading volume skyrocketing, it's like a catnip party over there!
Solana's star is shining bright as its total value locked (TVL) hits a 34-month high of $6.5 billion. Meanwhile, MEW's spectacular rise may have something to do with Upbit giving it the green light for trading services. MEW has now strutted into the top 100 crypto club and is just shy of a $1 billion market cap, sitting as the 90th-largest cryptocurrency. Not too shabby for a kitty!
In South Korea, MEW is the cat's pajamas, racking up a 24-hour trading volume of $150 million on major exchanges like Upbit and Bithumb. Some market experts are even forecasting more fireworks for MEW, with whispers of a strong breakout on the horizon. With trading volume on the rise, who knows how high this kitty can leap?
So, keep your eyes peeled and your whiskers twitching, because it looks like the cats are here to stay in the meme coin jungle.
