Bitcoin (BTC) briefly surpassed $68,000 on July 21st and sparked price leaps across the crypto market. In this landscape, meme coins have stolen the limelight by outperforming BTC and Ethereum (ETH) over the past seven days.

Cat-themed meme coins got the most steam out of this movement, leaping 8.8% on average over the past 24 hours but likely propelled by a honey pot token.

Jacky (JACKY) is a token with a picture of a black cat that was launched on July 5th through Moonshot, the meme coin launchpad developed by DEX Screener. Despite the lack of activity for a week, the token suddenly spiked over 160% in the last 24 hours. However, the transactions checker on DEX Screener shows that most of them are dust transactions, which means that liquidity was removed. 

Nevertheless, the meme coin based on the Binance Smart Chain titled Catcoin (CAT) jumped 60% over the past 24 hours. CatSolHat

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Author: Gino Matos

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