While dog meme coins have produced substantial growth in recent times, an increasing number of investors are turning to cat-themed projects. The upside potential could be higher, considering many cat-themed cryptocurrencies have more modest market capitalizations.
Meaning, unlike Dogecoin, Shiba Inu, and dogwifhat, investors can target much higher gains. Read on to discover the leading cat meme coins for 2024. Find out which projects offer 100x potential in the current market climate.
Top Cat Meme Coins to Buy
I rate the following cat meme coins as the best picks for 2024
- Toshi – Popular Cat Meme Coin Claiming to be the Face of Base
- Mog Coin – Explosive Growth of Almost 9,000% Since September 2023
- Popcat – Leading Cat-Themed Project in the Solana Ecosystem
- Mochi – Undervalued Base Token With a Coinbase Grant and 20,000+ Holders
- hehe – Trending Cat Coin With 335% Gains in the Prior Week
- cat in a dogs world – Top-Rated Meme Coin Trading at a 40% Discount From ATHs
- Giko Cat – Micro-Cap Gem With Gains of Over 100% in the Prior 24 Hours
A Closer Look at the Top Cat Meme Coins
Even the best cat meme coins are speculative and have zero intrinsic value. Growth is often fueled by hype and FOMO, so ensure the risks are considered before proceeding.
Read on to make an informed decision; I’ll now discuss my top cat coin picks.
1. Toshi – Popular Cat Meme Coin Claiming to be the Face of Base
- Ticker: $TOSHI
- Network: Base
- Supply: 420.69 billion
The first cat meme coin to explore is Toshi ($TOSHI). This is the largest cat coin on the Base network, a layer-2 ecosystem backed by the Coinbase exchange. This enables investors to speculate on two trending narratives; Base meme coins and cat-themed projects. After all, trading activity on Base continues to record new highs.
Toshi, which launched in 2023, is based on one of Brian Armstrong’s pet cats (the other is Mochi – more on that shortly). It has a total supply of 420.69 billion tokens, with about 97% in circulation. Like other cat meme coins, Toshi has witnessed extreme volatility in recent times.
For instance, while Toshi is up just 2% in the past month, it has increased by over 50% in the prior 24 hours. Even so, Toshi trades at a huge discount when compared to its all-time high of $0.0007802. Today, you can enter the market 82% below its peak valuation. Toshi, which claims to be the ‘Face of Base’, has a market capitalization of just $55 million.
Buy Toshi on Gate.io2. Mog Coin – Explosive Growth of Almost 9,000% Since September 2023
- Ticker: $MOG
- Network: Ethereum
- Supply: 420.69 trillion
Mog Coin ($MOG) is one of the best meme coins for performance since the prior bull cycle. Launched as recently as September 2023, Mog Coin is up almost 9,000% since its inception. This means those investing $1,000 at launch have witnessed gains of nearly $90,000. That said, Mog Coin’s growth trajectory doesn’t appear to be slowing down.
It’s up 37% in the past week and almost 12% in the prior 24 hours. Even more importantly, Mog Coin currently trades about 47% below its all-time high. This was achieved in July 2024 when most meme coins were trading downwards. Mog Coin trades on the Ethereum blockchain, making it an ideal choice for those preferring ERC-20 tokens.
Do note that Mog Coin is one of the largest cat meme coins with a market capitalization of $470 million. This will be a drawback for those who prefer small-cap gems with 100x potential. Nonetheless, Mog Coin has a maximum supply of 420.69 trillion tokens, and about 85% is circulating.
Buy Mog Coin on MEXC3. Popcat – Leading Cat-Themed Project in the Solana Ecosystem
- Ticker: $POPCAT
- Network: Solana
- Supply: 980 million
Popcat ($POPCAT) is one of the best cat-themed meme coins on the Solana blockchain. In fact, this is the overall biggest cat project by valuation. Currently, Popcat has a market capitalization of over $1 billion. Even so, there’s plenty of upside on the table, considering Popcat’s recent performance.
For instance, Popcat has increased by over 44% in the prior week. And, since its inception in January 2024, Popcat has risen by over 6,200%. What’s more, Popcat is currently trading just below all-time highs, so momentum is truly on its side. Popcat is also one of the easiest cat meme coins to buy.
It trades on the best exchanges, including MEXC, Gate.io, Kraken, Crypto.com, and Bybit. Seasoned investors also point to Popcat’s social media success; it has almost 60,000 followers on X. However, just 15,000 people are members of the Popcat Telegram channel. Just remember that like most cat coins, Popcat has no use cases or utility.
Buy Popcat on MEXC4. Mochi – Undervalued Base Token With a Coinbase Grant and 20,000+ Holders
- Ticker: $MOCHI
- Network: Base
- Supply: 1 trillion
Mochi ($MOCHI) is another Base meme coin on this list. Similar to Toshi, it’s also named after one of Brian Armstrong’s pet cats. Mochi was launched in late 2023, making it one of the original Base ecosystem tokens. What’s more, Mochi received a grant from Coinbase.
This required a fully-fledged KYC and vetting process, meaning Mochi holders are in safe hands. Mochi – which has over 20,000 holders, has previously held in-real-life events, including an ice cream van in Germany. This is with the view of onboarding retail clients to the Base network.
Mochi’s efforts haven’t gone unnoticed, especially considering its recent price performance. The project is up over 25% in the past week, and 552% since its inception. However, Mochi trades 85% below all-time highs, which were hit in March 2024. Additionally, Mochi has a market capitalization of under $11 million, making it a great buy for low-cap investors.
Buy Mochi on MEXC5. hehe – Trending Cat Coin With 335% Gains in the Prior Week
- Ticker: $HEHE
- Network: Solana
- Supply: 1 billion
Hehe ($HEHE) is a trending crypto project based on a ‘spinning kitten’. It was launched as recently as July 2024, making it one of the newest projects on this list. Hehe initially tanked after launch, dropping to lows of $0.001933. However, there’s been a major market shift, with hehe increasing by 335% in the prior week.
And, when compared to its all-time low, hehe is up over 1,800%. This shows the power of buying the dip during broader market corrections. Additionally, hehe is currently trading near all-time highs, so momentum is super strong. The best aspect is the project’s small market capitalization.
Currently, hehe is valued at just over $31 million. This means hehe could be the next 100x crypto. Hehe – which trades in the Solana ecosystem, has a maximum supply of 1 billion. About 84% of tokens are in the circulating supply. Do note that hehe has a volume-to-market-cap ratio of under 11% right now, so expect increased volatility.
6. cat in a dogs world – Top-Rated Meme Coin Trading at a 40% Discount From ATHs
- Ticker: $MEW
- Network: Solana
- Supply: 88.88 billion
Cat in a dogs world ($MEW) is a top-performing meme coin based on the cat narrative. It plays on the dominance of dog-themed meme coins, and that it’s now time for cats to have their say. Cat in a dogs world has experienced extreme volatility since launching in March 2024.
This includes multiple all-time highs and lows. Currently, $MEW tokens trade about 224% above their initial listing price. However, 40% growth was witnessed in the prior week alone. Moreover, 10% gains were made in the past 24 hours. The good news for new investors is that $MEW trades 40% below its previous peak of $0.01034.
A drawback for investors could be the project’s market capitalization. It’s currently valued at over $540 million, so explosive growth might be limited. Especially when compared to micro-cap projects. Nonetheless, cat in a dogs world has a loyal following, thousands of unique holders, and multiple exchange listings.
Buy Cat in a Dogs World on MEXC7. Giko Cat – Micro-Cap Gem With Gains of Over 100% in the Prior 24 Hours
- Ticker: $GIKO
- Network: Solana
- Supply: 10 million
Giko Cat ($GIKO) is a high-risk and volatile cat coin experiencing strong momentum. $GIKO has increased by over 100% in the past 24 hours. This still only values the project at under $7 million, so its upward trajectory could have a long way to go. What’s more, Giko Cat is up over 173% in the past week, but 14% down from its initial listing price.
An even greater decline of 60% has been witnessed from its all-time high, which was hit in June 2024. Nonetheless, Giko Cat has a small token supply of just 10 million. This is considerably lower than most cat meme coins, which typically create billions or even trillions of tokens.
Importantly, Giko Cat has renounced its smart contract, eliminating the risks of a rug pull. It has also locked the liquidity on Raydium, a decentralized exchange for Solana tokens. This is the only exchange supporting $GIKO right now, meaning centralized listings haven’t been secured.
History of Cat Meme Coins
Some of the biggest and most recognized meme coins are based on dogs, often the Shiba Inu breed. This includes everything from Bonk and dogwifhat to Dogecoin and FLOKI. However, there’s a new animal in town; cat-themed projects. This crypto narrative has exploded in recent months.
The investment thesis is simple; dog meme coins are overvalued, so an increasing number of investors are turning to cat tokens. Some of the earliest cat projects were launched in 2023. This includes Toshi and Mochi on the Base network. And Mog Coin on Ethereum. Solana is also home to a growing cat ecosystem, including Popcat, hehe, and cat in a dogs world.
The markets recently saw the first billion-dollar cat coin. This feat was achieved by Popcat. However, this is minute when compared to leading dog coins like Dogecoin, which, at its peak, was valued at over $75 billion. From this perspective, the best cat coins offer huge upside potential.
How to Pick Which Cat Meme Coin Investments
Here’s what to consider when choosing cat meme tokens for your portfolio:
- Contract Audited and Renounced: The first step is to create a shortlist of legitimate cat tokens. This means choosing projects with an audited smart contract. Ensure the audit was conducted by a reputable blockchain security firm, and that the contract has been renounced. This makes rug pulls almost impossible.
- Liquidity: Most cat coins are micro-cap tokens, so liquidity will be limited. Ensure you understand the risks of trading in low-liquid markets, especially regarding volatility and slippage. Most importantly, ensure the liquidity pool is locked when trading on decentralized exchanges. This ensures it can’t be withdrawn by the project developer.
- Market Capitalization: Focus on market capitalizations that align with your risk profile and financial targets. The lower the market capitalization the greater the upside potential. But equally, the greater the risks. More conservative investors might prefer medium-cap cat coins like cat in a dogs world and Mog Coin.
- Price Trajectory: Seasoned investors will often buy tokens that have a strong price trajectory. This means the tokens are increasing in value above the market average. And even better, increasing when the wider markets are down. Avoid cat tokens that are underperforming the market benchmark.
- Exchange Listings: You should also consider where the chosen cat coins are trading. Beginners should avoid trading on decentralized exchanges without first understanding the risks. More established projects like Popcat trade on centralized platforms that accept debit/credit cards and other payment methods.
Conclusion
In summary, cat meme coins could be the next big narrative, with explosive price increases witnessed in the prior few weeks. While we recently saw the first cat coin surpass a billion-dollar valuation, plenty more could soon join this exclusive club.
However, picking cat coins is the difficult part, considering how many options there are in the market. Ensure you diversify across multiple projects to avoid becoming over-exposed.
FAQs
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References
- Top Cat-Themed Coins by Market Cap (CoinGecko)
- What is a Rug Pull: Types, How to Avoid Them (Finance Magnates)
- This Type of Coin is ‘Among the Riskiest of Cryptocurrencies,’ Investing Expert Says—Here’s What to Know (CNBC)
- Dogecoin: ‘Steer Clear,’ Says Top Investor (TipRanks via Nasdaq)
