Cat-Themed Memecoins Emerge as Preferred Risk On Bets With 40% Surge in a Week
Cat-themed tokens have emerged as a new cohort alongside dog-themed Dogecoin and Shiba Inu, among the biggest gainers in the 2020-2021 bull run.
Tokens like POPCAT, MEW, MOG, and CAT have seen significant gains, up to 40% in a week, following a 50 basis point rate cut by the U.S. Federal Reserve, indicating a return of risk-on sentiment in the crypto market.
POPCAT reached a...