Cat-themed coins like Mog Coin MOG/USD and Popcat POPCAT/USD are rallying as the broader altcoin market cheers Bitcoin's BTC/USD leap above $70,000.
What Happened: Coinmarketcap data shows cat-themed tokens coins approaching a total market capitalization of $5 billion, up 9.3% over the past 24 hours. Popcat and Mog Coin are the leading gainers in the entire crypto market, with other cat-themed coins like Michi MICHI/USD and Toshi TOSHI/USD following.
Meme coin trader mememillions predicted cat coins could reach a valuation of $20–$50 billion, suggesting to “buy the cats and wait the months” for major gains.
| Cryptocurrency | Price | Market cap | 24-hour trend | 30-Day Trend |
| Popcat POPCAT/USD | $1.71 | $1.68 billion | +11.1% | +81.9% |
| Mog Coin MOG/USD | $0.05195 | $761.4 million | +13.5% | +25% |
| Michi MICHI/USD | $0.2784 | $154.2 million | +5.8% | +30.8% |
| Toshi TOSHI/USD | $0.0001323 | $54 million | +8.3% | Relatively Flat |
Trader Notes: CryptoBull360 reports Popcat’s recent breakout from a rising wedge pattern, with momentum and volume suggesting potential new highs. The trader noted to keep watch for further movement as volumes are rising.
Trader Dentoshi noted a Fibonacci pocket reclaim, where Popcat re-entered a key retracement zone. This technical analysis suggests strong price action for Popcat.
Trader rasmr is also bullish on Popcat, targeting a price above $3. Ran Neuner includes Mog Coin in his list of key ETH ecosystem plays. He cited it as the first mover in tokenizing TikTok culture.
What's Next: The influence of meme coins is expected to be thoroughly explored at Benzinga's upcoming Future of Digital Assets event on Nov. 19.
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