Cat-Themed Memecoins Analysis: Will They Dominate the Memecoin Mania?

The Cat-based memecoins have taken over the memecoin category by storm over the past few months. Will the increasing adoption of cat-based memecoins

The memecoin sector has seen a new trend in recent months with the increasing popularity of cat-based memecoins. As these altcoins continue to gain traction, investors are wondering whether they will dominate the memecoin mania in the near future.

Moreover, investors are curious about questions like whether is this the right time to stack some cat tokens or if is it too late. In this article, we have covered the short-term price analysis of the top trending cat-themed memecoins!

Popcat (SOL) POPCAT Price Analysis

After recording a ~18% jump in the past 24 hours, the POPCAT memecoin has managed to hit a new all-time high at $1.66 with a 24-hour trading volume of $203.87 Million. In addition, it has surged 77.68% in the past month, showcasing an increasing price action.

The Moving Average Convergence Divergence (MACD) has shown a sharp increase in the green histogram. Also, with its averages converging bullishly, the POPCAT price hints at a positive outlook in the coming time.

Maintaining the price above its support level of $1.590 will set the stage for it to head toward its upper target price of $1.9050 in the coming time. On the flip side, a bearish reversal will pull the price toward its low of $1.27.

Curious about Popcat’s long-term price targets? Read our Popcat (SOL) Price Prediction for potential price targets!

Cat in a dogs world (MEW) Price Analysis

The MEW coin price has jumped 15.07% in the past 24 hours with a trading volume of $305.59 Million. Furthermore, it has added 25.26% over the past week and 88.61% in the past month. With a market capitalization of $935.25 million, it has secured the 80th position.

The Relative Strength Index (RSI) has breached its overbought range in the 1D time frame. However, its average trendline is continuously supporting the MEW price chart. This suggests that the meme coin may continue to gain value in the future.

If the bullish sentiment sustains, this could result in the Cat in a dogs world price heading toward its upper resistance level of $0.0120. Conversely, if a bearish reversal occurs, this Solana-based memecoin could test its low of $0.006825.

Mog Coin (MOG) Price Analysis

Despite a cool-off in the price action, the Mog Coin price has constantly displayed a positive price action. Notably, it has added ~5% in the past day and 68.97% during the past month. With a market cap of $781.19 million, it has secured the 90th position in the market.

The EMA 50/200-day has recorded a continuous uptrend in its price chart. However, its MACD indicator has displayed a bearish outlook. This highlights a mixed-price action for the memecoin this week.

Suppose, the bulls regain momentum, in that case, the MOG price will retest its upper resistance level of $0.00000260. On the contrary, if the bears overpowered the bulls, the Mog Coin price will retest its support trendline of $0.00000161.

The above is the detailed content of Cat-Themed Memecoins Analysis: Will They Dominate the Memecoin Mania?. For more information, please follow other related articles on the PHP Chinese website!