Memes are growing increasingly popular among investors and enthusiasts of cryptocurrencies, which are always changing. Because they blend the excitement of cryptocurrency trading with the viral nature of cat memes, cat-themed meme coins have garnered a lot of attention. The top 5 cat-themed meme currencies with room to develop will be looked at in this article by 2024.

What are Cat-Themed Memecoins?

Cat meme coins are a distinct choice for the dog-dominated meme coin market since they have a cat as their symbol. Cat lovers support these tokens, which frequently benefit from the massive popularity of cat memes on the internet. These currencies show potential due to their distinct features, active community, and affordable price.

Best Cat-Related 2024 Memecoins to Keep an Eye on

Let’s explore the best cryptocurrencies that have a cat motif in more detail. With this, meme coin investors can make an informed decision.

1. Popcat ($POPCAT)

Popcat has emerged as the Solana network’s most popular cat-themed meme coin. Popcat has positioned itself well in the market with a price of $0.387166 and a market worth of $379.41M. The coin attracted a lot of interest from investors when its price reached a record high of $0.723323 in May 2024. With 979.98M POPCAT in circulation out of a maximum supply of 420.69T, Popcat has a large number of tokens accessible.

It trades for $0.6562 on 12 different cryptocurrency exchanges and appears in the top 30 Meme Coins category in July 2024. Popcat’s stock was burned extensively to make it rare, increasing its market worth to $600 million.

2. Cat in a Dog World (MEW)

Within eight days of its debut, Cat in a Dogs World (MEW) had grown to a market capitalization of $644 million. It reached this milestone faster than other well-known meme currencies, leading to a weekly increase of 267.54%. With a daily market activity of $279.4 million, MEW trades at $0.00314.

A 10% balance was airdropped to the Solana colony. Cat in a Dog’s World has amassed almost 92,600,000 followers on social media. Its Telegram group is reaching close to 19,000 members. Though it is still in its early stages, cat trading is already present on some of the largest exchanges. These include, but are not limited to, MEXC, HTX, KuCoin, and Gate.io.

3. Wen (WEN)

Next on our list of cat meme currencies is Wen (WEN), another cryptocurrency that operates on the Solana network. The poem “A Love Letter to Wen Bros.” served as the idea for this effort. It supported each unit of one trillion by dividing the poem into fractional tokens. This suggests that the ownership of the poem is commensurate with WEN holders.

But Wen is best known for being a medium of exchange for speculative memes. It has done well since its launch in late January 2024. Back then, each WEN token would have only cost you $0.00005976. With this rise of more than 500%, WEN is currently trading at $0.00018966. Wen’s market value is more than $139 million at the current price.

This is a fair place to start before the cat meme currency craze becomes really well-known. Moreover, Wen’s current trade price is almost 35% lower than its peak value. Wen also has one of the biggest social media followings, based on our analysis. On X, the project has approximately 148,000 followers. Wen transacts on multiple exchanges, such as MEXC, Gate.io, and KuCoin.

4. Toshi (TOSHI)

Among the numerous intriguing cryptocurrency coins with a cat theme we looked at, Toshi stands out. It’s an Ethereum meme money rather than a Solana token, and it contributes to the development of an enduring network of cat enthusiasts.

Toshi is now trading at $0.000297 with a 24-hour trading volume of $746,811. It is currently ranked #421 on CoinMarketCap with a market valuation of $121,203,324. Toshi can also be used by New Base projects to transparently lock their liquidity pool. Since August 2023, when Toshi was first launched, its performance has increased by about 1,700%. Over the past month, there has been an almost 150% increase. Toshi can only be traded on decentralized exchanges, though. The trade volume is the most common on Uniswap.

5. Catwifhat ($CATWIF)

Inspired by the popular Dogwifhat meme, Catwifhat is a new meme currency in Solana that is focused on cats. That original meme money gave rise to the $WIF token, one of the best meme coins of 2024. By 2025, we predict that the price of Dogwifhat will rise by 150%, and the price of Catwifhat will rise in tandem.

The hilarious meme is also available with the $CATWIF token, however it features cats rather than dogs. Cat lovers who refuse to join the meme frenzy will make this token famous.

However, the market capitalization of CATWIF tokens is currently $1,197,734, and they are selling for $0.0015628, which is a 26% discount. In any case, the initiative launched on April 1, 2024, and customers can buy yet another new cat money. The Telegram community is growing quickly, with over 14,600 users.

Factors Influencing Potential Growth

Many elements will determine if cat meme coins are thriving in 2024, including:

Price Potential: The market capitalization and trading volume of these currencies reveal information about their current value and liquidity, two essential components of long-term growth.

Virality: The ability of a meme coin to spread widely on social media can have a big impact on its adoption and success.

Community Engagement: The success of meme currencies depends on a strong and active community since it promotes growth and increases awareness.

Utility: Coins with useful functions or benefits within their ecosystem have a longer shelf life and are therefore more likely to hold their value.

Roadmap: An ambitious and well-defined plan can help a project attract additional users and investors by demonstrating its dedication to development and innovation.

Conclusion

Meme coins featuring cats may challenge the current market domination of dogs. These tokens become popular and profitable while providing usefulness, amusement, and a sense of community.

In 2024, investors and enthusiasts can anticipate exciting opportunities in the cat meme coin market. The top contenders to watch out for are Toshi, Popcat, Wen, Catwifhat, Cat in a Dogs World, and Popcat. Their unique features, passionate user base, and potential for viral growth make them a front-runner in the meme currency market. However, in this fast-paced and unpredictable market, potential investors need to stay informed and do their homework.

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FAQ’s

1. Is Investing in Cat Memecoins Risky?

Meme coins are perilous investments because of their unpredictability and connection to social media trends, even ones featuring cats. Do your research before investing in anything, and never risk more money than you can afford to lose in the market.

2. Can Cat Memecoins See 100x Growth?

Although this is conjecture, some analysts have predicted sharp rises for specific cat meme currencies. Factors such as market sentiment, community engagement, and overall advancements in the cryptocurrency space will all impact their success.

3. How Do I Buy Cat Memecoins?

Cat meme coins are often available for purchase on the CoinW exchange. You have to register for an account on the exchange, make a deposit, and then trade to trade for the meme currency of your choosing.