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Cat-Themed Meme Coins Steal the Spotlight, Setting New All-Time Highs Beincrypto 24 Oct 2024

Cat-Themed Meme Coins Steal the Spotlight, Setting New All-Time Highs 🐱

Cat-themed meme coins are currently outperforming major altcoins by setting new all-time highs, marking a phenomenon dubbed “Cat Season” in the crypto market by analyst Bluntz.

POPCAT, a Solana-based coin, reached a new ATH of $1.67, its third this month. Investors remain optimistic it could surpass $2.00 if holders maintain confidence.

MEW achieved a new ATH of $0.0106, its fourth in two weeks, attracting significant investor attention and reinforcing its bullish trend in the meme coin market.

Simons Cat (CAT) surged nearly 80% in four days, recently trading at $0.00004379, highlighting its strong performance and bullish sentiment among investors.

Despite their upward trends, these meme coins face the risk of profit-taking, which could erase recent gains and negate the current bullish outlook.

Source: beincrypto.com ↗