Dog Vs. Cat-Themed Meme Coins: Which One To Buy For Altcoin Season

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Dog Vs. Cat-Themed Meme Coins: Which One To Buy For Altcoin Season – Crypto News

Published

1 year ago

June 7, 2024

Dripp

The competition between the dog-themed coins and the cat-themed meme is a major discussion in the industry as both have introduced some profiting meme coins. But not both the categories perform the same on a trend as many factors also decide their behaviors.

With dogs ruling the market for years, can cat-themed meme coins beat them? Or the dogs will get the win this time as well. Let us discuss that in this blog.

Analyzing the Cat-Themed Meme Coins

Cat-themed meme coins make a market capitalization of $2,881,902,618 and have $598,198,800 in trading volume. The first cat-based meme coin was launched in 2015, creating this categorization, which has been a part of the industry for nine years. Now, the category has hundreds of cat-themed tokens, taking over the industry with their unique visuals and meme-based publicity.

Till now, the most popular cat-based meme coins introduced in the market are the Cat in the Dog World (MEW), Mog Coin (MOG), Popcat (POP), Toshi (TOSHI), Wen (WEN), etc, which had their share of profits for their holders. At the time of writing, POP and MOG are declining, whereas the MEW, TOSHI, and WEN are hiking, maintaining their popularity.

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Moreover, today, the LOF cat is the highest gainer after gaining 97.2% in value in the last 24 hours. Overall, the cat-meme coins performance is in an uptrend, pushing its value in the market.

Analysing The Dog-Themed Meme Coins

Compared to cat-themed meme coins, dogs have been part of the crypto industry for longer. The first dog-themed meme coin was launched in 2013 from the reference to Kabosu, a real-life dog meme. Kabosu has recently passed away, but she was the face behind the Dogecoin logo and was a popular dog among meme lovers and crypto enthusiasts.

With the introduction of Dogecoin in 2013, this category has $48,337,241,394 in market capitalization and $2,553,338,758 in trading volume. More importantly, in the list of popular dog-themed meme coins, we have Dogecoin (DOG), Shiba Inu (SHIB), Floki Inu (FLOKI), dogwifhat (WIF), Bonk (BONK), etc. All of these dog meme coins have offered multiple folds in gains and are among the most preferred meme coins among investors. Though, at the time of writing, all of these are in a downtrend and bearing losses, highlighting the trends aren’t in their favor today.

Which Meme Coin Category To Buy For Altcoin Season?

Both the dog and cat-themed meme coins do have the potential to make the altcoin season profiting for their investors. As advised, a trader should have a mixture of cryptocurrencies in his portfolio to make the most out of the market. This is why, having both these categories can turn out to be of advantage because of their history of gains. Though dog-themed meme coins dominate the market, the large variety of tokens is the factor in their domination. The cat-meme coins are equally profiting, just check out the top-performing options like Popcat, cats in the Dog World, etc, to ensure gains. Rest run a proper technical analysis on the meme coins to decide which one is worth buying and when they rally.

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