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.
Cat-themed cryptocurrencies are rallying on Monday evening as the broader altcoin market cheers Bitcoin's (CRYPTO: BTC) advance above the key level of $70,000.
Cat Coins Rally: Coinmarketcap data shows cat-themed tokens 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, up over 300% and 200%, respectively. Other cat-themed coins are also rallying, with Michi up 40% and Toshi up 20%.
Meme coin trader mememillions predicts that cat coins could reach a valuation of $20–$50 billion, suggesting to “buy the cats and wait the months” for major gains.
Popcat, Mog Coin Cat Coins Lead Rally: CryptoBull360 highlights Popcat's recent breakout from a rising wedge pattern, with momentum and volume suggesting potential new highs. The trader adds that volumes are rising, indicating potential continuation.
Trader Dentoshi observes a Fibonacci pocket reclaim, with Popcat re-entering a key retracement zone, indicating strong price action.
Fib pocket reclaims are great for memecoins.
Many other $SOL memes doing the exact same right now.. pic.twitter.com/482V0qdlhT
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, describing it as the first mover in tokenizing TikTok culture.
Cat Coins Surging Ahead Of Benzinga Event: The influence of meme coins is set to be a key topic at Benzinga's upcoming Future of Digital Assets event on Nov. 19.
Among the speakers at the event will be Dogecoin (CRYPTO: DOGE) co-founder Billy Markus and SHIB (CRYPTO: SHIB) developer Shytoshi Kusama.
Cat-themed cryptocurrencies, such as Popcat and Mog Coin, have surged in value over the past 24 hours, outpacing the gains of other major cryptocurrencies. The rally in cat coins comes amid a broader uptrend in the altcoin market, which is cheering Bitcoin's surge above the key level of $70,000.
The gains in cat coins are also being fueled by strong community support and hype on social media. Meme coin trader mememillions predicts that cat coins could continue to rally, reaching a valuation of $20–$50 billion.
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