First-ever cat-themed meme coin makes it to top 100 after 15.6% price spike
As meme coins are yet again outperforming cryptocurrency market benchmarks, Mog Coin , a cat-themed meme crypto on Ethereum and Base , joins the elite club of the 100 largest digital assets. It struggles to exceed the market cap of Neo , a 10-year old cryptocurrency.Mog Coin , a cat-themed meme coin on EVM, registered a 15.6% price upsurge today, July 15, 2024. Its capitalization exceeded $755 million in equivalent, which allowed MOG to becomes the 100th biggest crypto by market cap.
Mog Coin is introduced by developers as the"first Internet culture coin" with zero intrinsic value. It was issued on the Ethereum and Base blockchains. Another major cat-themed meme coin, Popcat , witnessed a 24% price spike and has become the 109th largest cryptocurrency. It has already surpassed"Chinese Polygon" Coinflux and is ready to replace Gnosis , one of the most popular ICO era coins.As such, the segment of cat-themed meme coins is the fastest-growing one today. This group added 26% overnight, while Solana-based meme cryptos are up by 11%.
The meme coin sphere as a whole is surging twice as fast as the crypto market. While the net cap of digital assets added 3.7%, meme coins spiked by 6.6%. Meanwhile, all of the largest meme cryptos - Dogecoin , Shiba Inu , Bonk , Dogwifhat , Book of Meme - are only up by 3-5%. Largely, the rally should be attributed to small-caps.
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