{"id":601471,"date":"2024-04-05T02:00:47","date_gmt":"2024-04-05T02:00:47","guid":{"rendered":"https:\/\/wncen.com\/?p=601471"},"modified":"2024-04-04T18:25:14","modified_gmt":"2024-04-04T18:25:14","slug":"cat-themed-memecoins-growing-popularity-traders-earn-millions-with-mew-and-moew","status":"publish","type":"post","link":"https:\/\/wncen.com\/meme-coins\/cat-themed-memecoins-growing-popularity-traders-earn-millions-with-mew-and-moew\/","title":{"rendered":"Cat-Themed Memecoins Growing Popularity: Traders Earn Millions With MEW and MOEW"},"content":{"rendered":"

The memecoin market has been dominated by dog-themed tokens for the past few years. Despite not being as popular and well-known as their canine crypto counterparts<\/a>, cat-themed tokens are starting to appear at the forefront of the meme-inspired market.<\/p>\n

Related Reading: Memecoins Reign Supreme: CoinGecko Reveals Most Profitable Crypto Narrative Of Q1<\/a><\/div>\n

Cats In A Dogs Crypto Market<\/h2>\n

Memecoins can become<\/a> a market sensation overnight, and their communities can be some of the most supporting investors, as seen with the Vegas Sphere \u201cwif on sphere\u201d fundraiser campaign.<\/p>\n

Dogecoin and Shiba Inu remain the biggest tokens by market capitalization in this category. About a month ago, eight of the ten largest memecoins<\/a> by market capitalization were canine-inspired.<\/p>\n

Nonetheless, cat-themed tokens have started infiltrating the pack of dogs after a recently launched player made it to the top ten memecoins list.<\/p>\n

Cat in a Dogs World (MEW) launched on March 26 and just 48 hours later reached a $200 million market cap. MEW surpassed BONK, WIF, and PEPE as the fastest<\/a> fair launch to accomplish this feat.<\/p>\n

MEW\u2019s market cap reached $644 million in just eight days, making it the eighth largest memecoin by this metric. Moreover, the token rallied over 50% on Wednesday after crypto exchange KuCoin announced its listing.<\/p>\n

\"Crypto,<\/p>\n

Cat in a dogs world among the top 10 memecoins. Source: CoinMarketCap<\/a><\/pre>\n
MEW\u2019s performance in the past seven days shows an impressive 267.54% surge. Despite this, the token\u2019s rally slowed down today. The cat-themed cryptocurrency lost over 15% of its value from the day prior. At writing time, MEW is trading at $0.00737049.<\/p>\n
Similarly, its daily market activity took a hit, decreasing 35.3% to $208.4 million traded in the past 24 hours.<\/p>\n
What Are They Feeding Cat-Themed Memecoins?<\/h2>\n
The growing interest in feline-inspired tokens has resulted in many newly launched memecoins quickly surpassing massive levels.<\/p>\n
On Wednesday, a new token called Ansem\u2019s Cat (HOBBES), inspired by Hobbes, the cat of crypto trader Ansem, broke<\/a> a $100 million market cap on its launch day.<\/p>\n
MOEW, a Base token launched on Wednesday, made the news after a trader turned $13,000 into $2 million in just one hour. According to data provided by Lookonchain, the crypto trader spent 3 ETH ($13,000) to buy 499.9 million MOEW, a 158x gain.<\/p>\n
Then, the trader sold 116 million MOEW for 99 ETH, around $328,000, when the rice surged. At the time of the report, the trader had 388.24 million MOEW left, worth over $1.7 million.<\/p>\n
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In less than 1 hour, this guy turned $13K into $2M, a gain of 158x!<\/p>\n
He spotted $MOEW<\/a> 10 minutes after opening trading and spent 4 $ETH<\/a>($13K) to buy 499.9M $MOEW<\/a>.<\/p>\n
Then he sold 111.65M $MOEW<\/a> for 99 $ETH<\/a>($328K).<\/p>\n
He currently holds 388.24M $MOEW<\/a>, worth $1.76M.\u2026 pic.twitter.com\/DFRGOYh8ZM<\/a><\/p>\n
— Lookonchain (@lookonchain) April 3, 2024<\/a><\/p><\/blockquote>\n