Move over Popcat – there’s a new cat coin topping the market.
Mog Coin overtook Popcat in the market cap rankings despite its price dropping in the past 24 hours.
With MOG seeing renewed interest, some investors are starting to check out other cat-themed meme coins, like Catslap.
This new Ethereum-based coin has been getting a lot of buzz lately – with some traders thinking it’s about to explode.
Mog Coin vs Popcat – The Battle to Become the Top Cat Coin
MOG has had a rough start to the week, with its price dropping 9% to $0.0000033 today.
However, even with that dip, MOG has managed to overtake POPCAT in terms of total value.
This flip has happened despite both coins selling off, with MOG’s market cap currently sitting at $1.2 billion, slightly higher than POPCAT’s $1.1 billion.
MOG has been on a downswing since hitting an all-time high of $0.00000401 over the weekend, but POPCAT’s been hit even harder, dropping 16% to $1.13 in the past 24 hours.
The battle is far from over, though.
POPCAT is still seeing way more trading activity – more than double MOG’s volume in the last day.
This activity has caught the eye of popular trader DegenTrades, who thinks now could be a good time to get in.
He believes POPCAT “looks good” for an entry.
So, although MOG might be on top of the cat coin space right now, there’s likely to be more twists and turns ahead.
Crypto Liquidations Surge as Meme Coin Market Crashes
It’s not just Mog Coin and Popcat that are feeling the heat.
The whole meme coin market is having a rough time this week.
Even the big names like Dogecoin and Shiba Inu are down more than 9% and 12%, respectively.
However, Brett has been hit the hardest – dropping 17% in just one day.
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Author: Felix Mollen
