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The memecoin market is witnessing an exciting upheaval. Over the past few years, dog-themed tokens have dominated everything — Dogecoin, Shiba Inu are the kings. But now? Cat-themed meme coins are starting to make waves.
MEW (Cat in a Dogs World) is the clearest proof. Launched on March 26, it reached a market cap of $200 million in just 48 hours. Eight days later, MEW entered the top 8 largest memecoins with $644 million. Its growth rate surpasses BONK, WIF, and PEPE. Currently, MEW is trading around $0.00737 with a market of $60.13 million, up 9% in the past 7 days.
But MEW is only the tip of the iceberg. Other cat-themed meme coins are also causing a buzz. MOEW on Base is a crazy example — a trader turned $13,000 into $2 million in just one hour. He bought 10 minutes after the token started trading, spending 4 ETH to get 499.9 million MOEW, then sold part of it for 99 ETH ($328,000). Profit was 158 times!
Hobbes (HOBBES) is another cat project that hit $100 million market cap on its launch day. The community is starting to ask whether these huge profits come from skillful trading or insider information. Anyway, cat-themed meme coins are really driving the market.
About a month ago, 8 out of the top 10 memecoins were dog-themed. Now? Cats have taken over the list. The crypto community is beginning to realize that the era of dogs may be coming to an end. If you follow the memecoin market, you can’t ignore this trend. Cat-themed meme coins are not just a temporary fad — they are becoming an official part of the memecoin collection.