Transfer over Popcat – there’s a brand new cat coin topping the market.
Mog Coin overtook Popcat available in the market cap rankings regardless of its worth dropping previously 24 hours.
With MOG seeing renewed curiosity, some traders are beginning to take a look at different cat-themed meme cash, like Catslap.
This new Ethereum-based coin has been getting a whole lot of buzz these days – with some merchants considering it’s about to blow up.
Mog Coin vs Popcat – The Battle to Grow to be the High Cat Coin
MOG has had a tough begin to the week, with its worth dropping 9% to $0.0000033 right this moment.
Nonetheless, even with that dip, MOG has managed to overhaul POPCAT by way of complete worth.
This flip has occurred regardless of each cash promoting off, with MOG’s market cap at present sitting at $1.2 billion, barely larger than POPCAT’s $1.1 billion.
MOG has been on a downswing since hitting an all-time excessive of $0.00000401 over the weekend, however POPCAT’s been hit even tougher, dropping 16% to $1.13 previously 24 hours.
The battle is much from over, although.
POPCAT remains to be seeing far more buying and selling exercise – greater than double MOG’s quantity within the final day.
This exercise has caught the attention of well-liked dealer DegenTrades, who thinks now might be a superb time to get in.
He believes POPCAT “seems to be good” for an entry.
So, though MOG is perhaps on prime of the cat coin area proper now, there’s more likely to be extra twists and turns forward.
Crypto Liquidations Surge as Meme Coin Market Crashes
It’s not simply Mog Coin and Popcat which can be feeling the warmth.
The entire meme coin market is having a tough time this week.
Even the large names like Dogecoin and Shiba Inu are down greater than 9% and 12%, respectively.
Nonetheless, Brett has been hit the toughest – dropping 17% in simply in the future.
This meme coin sell-off has worn out over 10% of the sector’s worth since yesterday.
Bitcoin can be bearish, dropping beneath $98,000, which isn’t serving to issues.
The true craziness is within the liquidation knowledge.
Crypto buying and selling volumes went by means of the roof, from $150 billion to $350 billion, as merchants panicked and began promoting.
This surge in quantity triggered a ton of compelled liquidations, particularly for altcoins.
Ethereum acquired hit notably laborious, with one liquidation on Binance eradicating over $19 million in ETH positions.
Greater than 507,000 merchants had been liquidated, with complete losses hitting $1.5 billion throughout the entire market.
Slap-to-Earn Meme Coin Catslap Surges Whereas Different Crash – Analyst Calls It an “Alpha Undertaking”
Whereas most meme cash are struggling, there’s one new token that’s nonetheless doing effectively for itself.
Catslap has been going viral ever because it launched on Uniswap in November.
Even with greater cat cash taking a success, Catslap retains gaining traction.
Its fundamental characteristic is a “Slap-to-Earn” sport wherein customers can just about slap figures like Kamala Harris and Pepe the Frog.
Folks everywhere in the world have been scrambling to make use of the sport – racking up over 500 million “slaps” to date.
Blissful Friday, Degens
Right here’s what you’ve been swapping this previous week:$PEPE (@pepecoineth)$SLAP (@CatSlapToken)$SHIB (@Shibtoken)$DSYNC (@DestraNetwork)$HEX (@HEXcrypto) pic.twitter.com/w0qy9Zm6qZ
— MetaMask (@MetaMask) December 6, 2024
And final week, Catslap was one of many prime 5 most swapped Ethereum tokens on MetaMask.
Regardless that it has dropped from Saturday’s excessive, SLAP nonetheless boasts spectacular numbers, up over 4,200% since launch.
Greater than 18,600 wallets are holding SLAP now.
Plus, the mission has been aggressively shopping for again its personal tokens – over $540,000 price to date.
Catslap simply retains on Slapping .
$500k purchase again with no indicators of stopping,don’t inform me $SLAP isn’t an Alpha mission taking up this area.
Hop on this ASAP https://t.co/4jCs6SfiU6
— John (@Johncoin_) December 8, 2024
With sturdy fundamentals and a rising neighborhood on Twitter and Telegram, many imagine Catslap may stick round longer than most meme cash.
Issues hold getting higher for the coin, too.
In style crypto influencer John tweeted about Catslap on Sunday, describing it as an “alpha mission” that’s taking up the area.
So, though MOG and POPCAT is perhaps battling for the highest spot, some merchants are keeping track of SLAP.
Disclaimer: The above article is sponsored content material; it’s written by a 3rd social gathering. CryptoPotato doesn’t endorse or assume accountability for the content material, promoting, merchandise, high quality, accuracy, or different supplies on this web page. Nothing in it needs to be construed as monetary recommendation. Readers are strongly suggested to confirm the knowledge independently and punctiliously earlier than partaking with any firm or mission talked about and do their very own analysis. Investing in cryptocurrencies carries a threat of capital loss, and readers are additionally suggested to seek the advice of knowledgeable earlier than making any selections that will or is probably not based mostly on the above-sponsored content material.
Readers are additionally suggested to learn CryptoPotato’s full disclaimer.
Binance Free $600 (CryptoPotato Unique): Use this link to register a brand new account and obtain $600 unique welcome supply on Binance (full details).
LIMITED OFFER for CryptoPotato readers at Bybit: Use this link to register and open a $500 FREE place on any coin!