What Happened To The Momentum of Cat-Themed Memecoins?

08 May, 2024 Updated 10 Jun, 2025

By David Pokima

Crypto Journalist

Expertise : Finance/Crypto Journalist

David is a finance news contributor with 4 years of experience in Blockchain Technology and Cryptocurrencies. He is interested in learning about emerging technologies and has an eye for breaking news. Staying updated with trends, David reported in several niches including regulation, partnerships, crypto assets, stocks, NFTs, etc. Away from the financial markets, David goes cycling and horse riding.

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Over the last month, cat meme coins have dominated the market amid double-digit inflows to assets as the wider market rallied. The asset class soared over 40% against leading memecoins and other categories with gains to new coins.

However, top cat-themed memecoins have lost steam this week as most assets sink to the red zone without surging alongside other cryptocurrencies. At press time the market capitalization for cat-themed assets is $1.7 billion, a 7.8% decline in the past 24 hours. Trading volumes also remain low for most assets despite a jump in dog-themed assets.

Cat-themed Tokens Touch Low

Top cat-themed tokens have seen increased outflows today. Popcat, the leading asset by market capitalization is down 6.4% today although weekly gains remain at a 60% high. Popcat’s market capitalization is above $516 million with a daily trading volume of $58.3 million.

MEW and MOG have plunged 3.9% and 7.8% today. MEW is still at 11.6% weekly highs despite a plunge in volumes to $47 million. WEN which also recorded previous gains is down 4% today. According to data from CoinGecko, the top three trending cat-themed memecoins today MANEKI, POPCAT, and WEN remain in the red zone.

However, some assets have recorded gains with community rallies in the last 48 hours. MaxCat is up 37.5% in the market while UpSideDownCat and Croc cat posted 13.3% and 23.2% respectively in the same period.

Wider Market Surge

The wider cryptocurrency market has recovered from last week’s liquidation as Bitcoin (BTC), altcoins and memecoins notch new inflows. This comes after renewed sentiment and the market and a flip of macroeconomic factors as bulls eye interest rate cuts in the future.

Bitcoin price stands above $63,000 while Solana leads the rebound with a 21% weekly inflow. The price of SOL is at $151.69 with a trading volume above $2.6 billion. Similarly, Solana memecoins have ticked upwards with some users projecting a bull run.

Also Read: Altcoins Double-Digit Rally Ignites Bullish Projections

Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.

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Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.