Cat meme coin HEHE soars 190% amid Bitcoin rebound

Crypto BriefingPublished on 2024-07-14Last updated on 2024-08-02

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Cat meme coin HEHE soars 190% amid Bitcoin rebound

by
Gino Matos
Jul. 15, 2024

Cat-themed crypto sector outperforms as multiple tokens see double-digit gains in 24-hour trading period.

Cat meme coin HEHE soars 190% amid Bitcoin rebound

Key Takeaways

  • HEHE token surged over 193% in 24 hours, leading a broader cat-themed crypto rally.
  • Multiple cat meme coins, including MICHI and KEYCAT, saw double-digit gains amid increased trading volumes.

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Cat-themed coins were the crypto sector with the best performance in the past 24 hours, according to data aggregator CoinGecko. Their performance was heavily boosted by the newly launched hehe (HEHE) token, which soared over 193% in the period, followed by Michi (MICHI) and Keyboard Cat (KEYCAT) upward movements of 60% and 39%, respectively.

The HEHE token is a meme coin based on the picture of a smiling cat with a “hehe” subtitle, which now holds over $6 million in market cap. Additionally, HEHE shows over $2 million in daily trading volume, which is a significant amount for a meme coin.

MICHI’s market cap of over $100 million is harder to move with smaller volumes, so it took over $22.7 million in daily trading to make a two-digit spike. Meanwhile, KEYCAT leapt with only $1.1 million in daily trading volume.

Top 10 cat-themed coins by daily performance. Image: CoinGecko

SQRCAT (SQRCAT), Giko Cat (GIKO), and Popcat (POPCAT) also displayed two-digit growth. Notably, POPCAT moved nearly $100 million in the past 24 hours, surpassing $711 million in market cap with its 30.6% rise. GIKO jumped almost 21% with $145,000 in volume, while all it took to make SQRCAT’s 36% leap was less than $10,000 in daily trading activity.

SapphireSapphire

Other cat-themed coins that rose sharply with less than $1 million in trading volume are Habibi (HABIBI), Kitten Haimer (KHAI), and BananaCat (BCAT), with price appreciations of 27%, 27.2%, and 24.1%, respectively.

Shark Cat (SC) wraps up the Top 10 cat coins in daily performance with a 23.6% growth. Notably, out of the 10 coins, SC is the only one that isn’t positive by two digits in the weekly timeframe.

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