Meow! Dogecoin, Shiba Inu Leapfrogged By Cat Coins Gaining: It's 'Cat Season Once Again,' Says Trader

Cat-themed cryptocurrencies Popcat POPCAT/USD and cat in a dogs world MEW/USD have emerged as top gainers in the overall crypto market.

What Happened: According to Coingecko, cat coins are nearing a $5 billion market cap, with a 7.7% gain in the last 24 hours. Popcat flipped Bonk BONK/USD to become the second-largest meme coin on the Solana SOL/USD network, trailing only Dogwifhat WIF/USD.

Mew reached a significant milestone, crossing the $1 billion valuation—an impressive feat for a Solana-based meme coin.

Meme coin favorites like Dogecoin DOGE/USD and Shiba Inu SHIB/USD have lagged, unable to match the recent gains of these cat coins.

Cryptocurrency	Price	Market cap	24-hour trend	7-day trend
Dogecoin DOGE/USD	$0.1399	$20.5B	+2.9%	+15.2%
Shiba Inu SHIB/USD	$0.00001781	$10.5B	+2.7%	+0.7%
Popcat POPCAT/USD	$1.59	$1.56B	+12.2%	+22%
cat in a dogs world MEW/USD	$0.1116	$992M	+23.4%	+35.7%

Also Read: Trader Shares 3-Point Strategy To Win With Meme Coins—Here’s Where Dogecoin, Shiba Inu Come In

Trader Notes: Popular trader Altcoin Sherpa highlighted on X (formerly Twitter) that "cat season" is back, with Popcat leading the charge and Mew showing strong potential. He emphasized that outside of AI-related memes, the most promising sector right now is cat-themed tokens.

Cat season once again with $POPCAT leading. $MEW looking incredible too.

Probably the only other sector to watch right now is cat tokens (outside of AI memes ofc) pic.twitter.com/4rpDyOVxp9

— Altcoin Sherpa (@AltcoinSherpa) October 24, 2024

Another trader, Bluntz, predicts a major breakout for Popcat, pointing to its resilience during market pullbacks and a bullish 1-2 setup pattern. He suggests that assets demonstrating strength during market declines tend to outperform in bullish markets

Meanwhile, Crypto General noted that MEW has been on a steady uptrend since its launch, recently breaking its all-time high. He expects a parabolic move in the coming days, potentially driving the price to $0.045.

Crypto trader Curbo even compared MEW to Shiba Inu, hinting that it could be the next big meme coin of this cycle.

$MEW

I asked this 7 months ago, but I'll ask again today- is $MEW this cycle's $SHIB?$SHIB last cycle – not on CT much, but VERY popular in the Asia markets. Same thing w/ $MEW this cycle (except a Cat).

Knocking on $1B+ MC, target $42.0B+.
It's a Mew World Order. @MewsWorld pic.twitter.com/VYwLswzwGm

— Curb◎ (@CryptoCurb) October 24, 2024

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