Memecoins
Cat meme coin HEHE surges 190% as Bitcoin rebounds
Key points to remember
- The HEHE token surged more than 193% in 24 hours, leading a broader cat-themed crypto rally.
- Several cat meme coins, including MICHI and KEYCAT, saw double-digit gains amid increasing trading volumes.
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Cat-themed coins were the best performing crypto sector over the past 24 hours, according to to data aggregator CoinGecko. Their performance was strongly boosted by the new hehe (HEHE) token, which soared by more than 193% during the period, followed by upward movements in Michi (MICHI) and Keyboard Cat (KEYCAT) of 60% and 39%, respectively.
The HEHE token is a meme coin based on the image of a smiling cat with a caption “hehe,” which now holds over $6 million in market cap. Additionally, HEHE boasts a daily trading volume of over $2 million, which is a significant amount for a meme coin.
MICHI’s market cap of over $100 million is harder to manage with smaller volumes, so it took over $22.7 million in daily trading to reach a double-digit peak. Meanwhile, KEYCAT surged with just $1.1 million in daily trading volume.
SQRCAT (SQRCAT), Giko Cat (GIKO), and Popcat (POPCAT) also posted double-digit growth. Notably, POPCAT gained nearly $100 million in the past 24 hours, surpassing $711 million in market cap with its 30.6% gain. GIKO surged nearly 21% with $145,000 in volume, while it took less than $10,000 in daily trading activity to drive SQRCAT’s 36% jump.
Other cat-themed coins that have surged with trading volume below $1 million are Habibi (HABIBI), Kitten Haimer (KHAI), and BananaCat (BCAT), with price appreciations of 27%, 27.2%, and 24.1%, respectively.
Shark Cat (SC) rounds out the Top 10 cryptocurrencies in terms of daily performance with a growth of 23.6%. It is worth noting that out of the 10 cryptocurrencies, SC is the only one not to post double-digit growth over the weekly timeframe.
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