The cat-themed meme crypto sector faced a significant decline of 5.5% due to the fall of Mog Coin. However, the new token Catslap surged by 8%, defying the overall trend.
Current Losses in the Cat-Themed Meme Coins Sector
The price of Mog Coin dropped by 4% in the past day, bringing its weekly losses to over 18%, with rates falling to $0.000002366. The largest token in this sector by market cap, Popcat, also experienced a 1% drop in the last 24 hours, increasing its weekly decline to more than 16%. Other tokens, such as Cat In A Dog’s World (MEW) and Mister Miggles (MIGGLES), also saw drops, with the latter suffering a weekly loss of over 29%.
New Cat-Themed Meme Coin Catslap Surges
Contrary to the downward trend, Catslap grew by 8% following the recent burning of 10 million tokens. This event sparked excitement around the project, and over the past week, the token has been added to the wallets of more than 8,000 holders.
Future Prospects for Catslap
The Catslap team plans to introduce 'play-to-earn' elements to their popular game, which could attract the attention of major exchanges. This approach allowed the game Hamster Kombat to reach a market cap of $253 million.
Despite the decline in the cat-themed meme crypto sector, Catslap shows impressive growth and has the potential for further success thanks to planned innovations.