This Cat-Themed Meme Coin Enters Crypto Top 100 List After Hitting New ATH – Details

TL;DR

The cryptocurrency market recently added $200 billion, with BTC and ETH seeing significant increases. Cat-themed tokens witnessed even more substantial gains, with one such asset reaching an all-time high. Following an assassination attempt on Donald Trump, Trump-themed meme coins experienced notable price increases, benefiting some early investors. The new member of the club

The cryptocurrency market has been green lately, adding roughly $200 billion in the past four days. Bitcoin (BTC) is up 4.5% on a daily basis, briefly surpassing the $63,000 level, while Ethereum (ETH) regained the $3,300 mark.

The meme coin sector also posted substantial gains. The top assets in terms of market cap, Dogecoin (DOGE) and Shiba Inu (SHIB), are up 4% and 3%, respectively. However, it’s the cat-themed tiles that have been making headlines today (July 15).

An example is Mog Coin (MOG), whose price rose 15% in the last 24 hours and 60% weekly to reach a new all-time high of almost $0.0000022 (CoinGecko data). Its market capitalization was close to $800 million, currently standing at around $770 million. Thus, MOG became the 99th largest cryptocurrency.

MOG Price, Source: CoinGecko

Another cat-themed meme that gathered impressively within 24 hours is Popcat (POPCAT). Its valuation is up nearly 25%, currently around $0.73.

Solana-based Cat in a Dogs World (MEW), which was a sensation in April due to huge investor interest and listings on popular cryptocurrency exchanges, is up 6.5 % for the day. Its market capitalization currently sits at about $300 million, a far cry from its glory days in the spring when the figure reached $700 million.

Trump-themed memes in the spotlight

Meme coins related to US presidential candidate Donald Trump have seen increased volatility since the assassination attempt against him. We recall that a 20-year-old suspected gunman tried to kill the billionaire during a public speech in Pennsylvania on July 13, but the bullet only grazed his ear.

Trump’s survival and back-to-back reports that he is in stable condition with no life-threatening conditions led to double-digit price increases for MAGA ( TRUMP ), Donald Trump ( TRUMP2024 ) and DONALD TRUMP ( DONALD ).

TRUMP’s price hike, for example, benefited some savvy traders who jumped on the bandwagon a few months ago. As reported by CryptoPotato, one investor deposited 1.08 million tokens on crypto exchange BTSE, suggesting a potential sell-off. If they had sold the neckline, the profit would have been $8 million. Another trader still holds 936,279 TRUMP assets, which is currently worth $7.6 million.

Despite the ability to make people millionaires in a short period of time, meme coins can be quite dangerous due to their infamous volatility and cause crucial losses. Those about to enter the ecosystem should watch our dedicated video to guard against some common mistakes related to the matter:

SPECIAL OFFER (Sponsored) Binance Free $600 (Exclusive to CryptoPotato): Use this link to register a new account and receive an exclusive welcome offer of $600 to Binance (full details).

2024 LIMITED OFFER on BYDFi Exchange – Up to $2888 Welcome Reward, Use this link to register and open a 100 USDT-M position for free!