Hi guys this is faiz and welcome back to my other cyrpto content. We can see attraction among the small and big investors regarding meme coins in the cryptocurrency market. As we can see Meme Coin's recent performance was amazing. If we check the market then Solana chain's meme coin has created a stir in the crypto market, but apart from this, there is another trend has been seen in the crypto market. a lot of enthusiasm is being seen regarding it and it is the cat-themed meme coin. the interesting thing is There are several cat-themed meme coins trending and getting hype in the crypto market, with some of them registering triple-digit gains over the past week and this is huge. Even though Correction is being seen in the entire crypto market including some major cryptocurrencies but the meme coin market is reaching new heights which is marvelous. Despite a 1.5% decline in the total cryptocurrency market cap, the meme coin market cap is up and the percentage is 4% 2 days ago. However, we can see the biggest increase in cat-themed meme coins than dog and frog theme meme coins.
It seems like the meme community adopting the whole animal family and making cryptocurrency on it. haha, and this is funny but investors taking them seriously and we can see the result. one of the oldest cat-themed meme coins CAT, reached a new all-time high two days ago after increasing by 430% in a day and by more than 1,000% in the previous week. The increase in the CAT token is believed to be due to promotion on social media platforms and the meme community active on social media platforms. , another cat-themed token is Chonk which is also called Chonk the cat, launched with a presale a week ago and has surged nearly 200% since then in the cryptocurrency market. Let me give you another example, MEW token which is a cat-themed meme coin that was launched, and a lot of FOMO trading activity was seen across the crypto market. And this coin gained momentum immediately after the launch, with traders making huge profits from these coins.
This shows that cat-themed coins are increasing and not just increasing in quantity but they are also raising funds from the crypto market, which means increasing in market cap. I have also shared posts regarding frog-themed meme coins and dog-themed coins. Some of them are good and have a use case but most of them just have attractive animal stickers and names despite being a joke in the community these tokens getting hype and increasing in price. dog-themed are the most popular but now we can see that cat-themed meme coins are also getting popular and are also gaining momentum and getting funds so we cannot understand the minds of investors by seeing the information on Internet return but we have to pull out the follow the patent of investment and closely study on it thank you thanks to you.
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