crypto has a canine problem for more than a decade dog money has dominated our industry now mean coin Merchants can mix up the headwear all they want but we all know they've been selling us the same Sheba enu since 2013 now we love dogs as much as the next e gen but enough is enough sorry cats have been marginalized for far too long but with the market finally starting to catch on it's time we took a closer look at the cats challenging the status quo do any of them have what it takes to become crypto's
quintessential cat money stay tuned to find out right I'll start by saying that nothing in this video is financial advice it's simply our analysis of the biggest cat meme coins in crypto today nothing I say should be interpreted as a recommendation to do anything with your money or crypto or cat for that matter all Investments carry the risk of losing money and believe it or not this applies to cat memes to too I know so be careful out there you should also know that I hold a small amount of mog in my personal portfolio this
has in no way influenced the opinions I'm about to share with you which represent the truth the whole truth and nothing but the truth about the cats concerned and if you want to know exactly what cryptos we're buying selling and hodling then consider joining the coin Bureau Club our members have a private Discord where the team and I share our full crypto portfolios plus exclusive altcoin video review daily research and market analysis and much more besides we've built the best community in all of crypto so if you're tired of going it alone check out the
link in the description to learn more all right without further Ado the first fine going under the microscope today is MOG it's the oldest meme on our list and with a market cap just shy of 800 million dollar it's the third largest catcoin in crypto today for what it's worth it's also the biggest catcoin on ethereum now MOG had a fair launch in July 2023 meaning that there were no tokens allocated to insiders no KO deals and no early investors waiting to dump on the rest of us the entire supply of 390 trillion tokens is
in circulation now MOG is represented by a combination of emojis the cat crying with laughter and finger pointing at the reader wherever possible the cat is depicted wearing visor sunglasses which have become come a kind of shorthand for MOG compared to the other coins on our list the feline aspect of mog is arguably not so important as we'll soon see with Mew and popcat the cat is the whole point there's nothing to the meme but the cat but MOG is a little different because the cat is an accessory to the real meme which is the
verb MOG mogging is the defining cultural practice of the MOG Community the mem coins website describes MOG as quote tokenized winning effortless Cosmic domination and unadulterated success so at first glance you might think that the key word here is domination because after all to point and laugh at someone is to mock them to the untrained eye MOG looks kind of mean however the official literature describes mogs ethos in optimistic and inclusive terms quote the cultural underpinning of mog is an idea and mentality that anyone can adopt and be app Li to any situation in life
it is simply about being the best version of yourself in anything that you do being confident in yourself your community and your own success as for the pointing and laughing cat it's apparently called Joy cat according to the website quote The Joy cat is something that the community felt perfectly captured the idea and mentality of mog it does not cope seee or worry about what others think of it it is simply having fun and dismissing any negativity honestly this is rather admirable although we can't shake the feeling that the cat is laughing at our expense
I guess the only way around this is to buy and hold MOG so that we can be the ones doing the Laughing aha there's a shrewd value proposition at work here I guess MOG appeals to people who fear becoming the mogy if you feel inferior to your peers and crave a taste of social dominance then perhaps MOG is the meme coin for you now MOG SU success is perhaps thanks to its reinterpretation of the verb MOG here mogging can mean anything you want it to so long as it involves being Superior to others this strips
away the original meaning and context of the term MOG is derived from the term AOG amog which is pickup artist terminology meaning alpha male of the group this turned into the verb Mog on incel forums in 2016 here MOG became a reference to Alpha masculine Beauty ideals specifically a tall muscular body with sharp facial bone structure especially of the jaw which is Paramount to successful mogging to MOG is to be so physically attractive and fit that your male peers feel inferior and even humiliated in your presence you need only stand next to them to MOG
them this reflects the fatalistic worldview of incels where one's social and romantic prospects are predetermined by genetics on the other hand mogging is associated ated with looks maxing which describes doing everything in your power to appear more physically attractive and Alpha masculine this is more closely associated with redpill culture which encourages self-improvement to climb the social hierarchy as a cultural idea then MOG is closer to gigachad than it is to other cat coins for example Joy cat is often portrayed with a muscular masculine body quite like gigachad himself however mogs inheritance from looksmaxing an incel
culture ends here this is bullish because by shedding these associations MOG has transcended the manosphere at least in theory with a laser focus on being successful in all areas of life mogs message is universal because who doesn't want to be successful it doesn't have to be about your looks add to this a promising token distribution and you have yourself a winning culture coin according to mcoin analyst mad MOG has a very high holder to Market cap ratio in his words quote this metric indicates what the strongest Cults are high ratio equals High emotional resonation per
capita among major memes only gigachad and SPX 6900 have a higher ratio this suggests that MOG has true widespread appeal in the crypto Community overall then MOG has quite a lot going for it it's the number one cat on ethereum it's not a cabal coin and it has repurposed obscure inter slang as a more inclusive term for winning as a lifestyle Choice by positioning itself as a meme for anybody who wants to be successful MOG has gained a band of Tenacious followers who never miss an opportunity to reply to a tweet with the MOG emojis
okay the second biggest catcoin has one of the best tickers in the feline space this is Mew now we think it would have been funny if Mew was both the ticker and the name of the meme but the developer decided to name this thing cat in a dog's World well at least we know what it's all about Mew is a protest against the can9 supremacy that has reigned over crypto memes for far too long considering how memeable and popular cats are on social media it's a bit perplexing that crypto left them out in the cold
for so many years no more says Mew now cat in the dog's world is represented by a white cat cartoon character who's depicted as crypto's undercat living in a sprawling City controlled by hostile sheep enus working for the shebeck corporation because of course the character artwork is simplistic and very middle of the road it's not crude enough to be funny and not distinctive enough to be memeable or even memorable but perhaps that's the point it's an every cat any cat would do because the story writes itself it's just a cat in a dog's world what
more do you want now mew was launched on salana in late March 2024 and first gained attention by airdropping 10% of the token Supply to Holders of Bonk whiff and sana's Saga 2 mobile phone airdropping a cat to Holders of sana's leading dog coins proved to be a provocative stroke of Genius and it propelled Mew to a market cap of almost $770 million within a few days of its launch unfortunately this turned out to be the top and anyone who bought Mew around early April will have been underwater for most of 2024 from from a
price action standpoint Mew has the least appealing chart of our three cat coins nonetheless Mew recently broke out of a 7mon range made a new all-time high and touched the1 billion market cap Mark for the first time if it retests the previous all-time high and flips it into a support level then cat in a dog's world will enter price Discovery and have theoretically no resistance to the upside the entire Max supply of 88 89 billion Mew tokens is in circulation and 90% of the liquidity pool tokens were burned at launch according to Soul scan there
are more than 176,000 Mew holders which is around double the number of popcat holders and almost five times the number of mog holders this is a remarkably High number of wallets holding Mew unfortunately there's no easy way for us to judge how many individual people control these 176,000 address Dres what we can say for sure though is that Mew has an enormous liquidity pool on chain it currently has $50 million in liquidity making Mew the third most liquid token on salana behind only slurf and book of meme this is more than twice as much liquidity
as popcat and around three times as much as MOG Mew also has the distinction of being the third mem coin and only catcoin listed on the leading South Kore Korean exchange up bit previously only Dogecoin and Sheba Inu had made the cut there as we discussed in a previous video which I'll link to in the description South Koreans are a major force in the crypto market and serial sex users upbit typically commands around 50 to 70% of all Korean one trading volume although it reached as high as 90% last year an upbit listing is therefore
a big deal that said up bit's leading competitor bitam has been running zero trading fee campaigns which have seen temporary success in winning market share from upbit at the time of making this video These two Korean exchanges account for $19 million or about 50% of the entire world's 24-hour Mew spot trading volume this suggests that Korean mcoin Traders have a tremendously outsized influence over the fate of Mew now depending on your perspective this Korean connection could be inedibly bullish or something of a wild card for me as the only catcoin available to Casual users of
Korean centralized exchanges a lot of cat people in Korea could fomo in on the other hand popcat could be listed on upbit any day now destroying mw's catcoin Monopoly in Korea and causing Mass defections well you never know at any rate for a mem coin with such a promising token distribution it's perhaps a little ironic that mw's Destiny depends so much on a country the size of Indiana but if you want to bet on Cat in the dog's world we recommend trying to keep up with Korea's crypto scene as best you can okay last but
not least we have the king of cat coins for a long time it wasn't really clear who the chosen cat would be but the market has spoken and the chart says it all popcat is absolutely popping it's already the fifth biggest meme coin in the the world with a $1.6 billion market cap that's bigger than MOG and Mew combined PCAT was given a fair launch on salana on the 1st of December 2023 like MOG and Mew its entire Supply is circulating according to the popcat website the liquidity pool was burned ownership of the smart contract
was renounced and all tokens are community-owned and according to data from onchain analytics firm Unice popcat is one of the most or organic and least cabalistic meme coins out there this is inferred from the percentage of Trades within the first week of popcats launch that were made by wallets with fewer than five previous deck swaps a higher percentage indicates more activity from insiders creating fresh wallets to distribute their large share of a token Supply in popcats case the value was around 0.008% which is pretty great okay so big green light for tokenomics now let's get
to the good stuff popcat has one of the best charts in all of crypto right now will it go to zero one day probably but as some Traders are fond of saying the trend is your friend until the end popcats chart won't always look like this but until the uptrend is decisively broken price Discovery will likely continue to the upside bear in mind though there is no room for certainty in investing and trading there are only probabilities Anything could happen but when you look at the popcat chart what do you see it's going up and
to the right almost Non-Stop and the upward momentum is also accelerating so what's the most likely trajectory over the next few days or weeks it's not a trick question I'm just saying there is no reason to Mid curve a chart like this if you take away one thing from this cat let it be a lesson in momentum momentum is a very powerful thing in financial markets and betting against it doesn't usually end well I'll just cavey at that though by saying that buying the very top of anything is not usually a good idea either until
Parabola sets in there will always be pullbacks some may be shallower than others but patients will almost always be rewarded with a better entry than if you had fom moded into a big green candle so what is it about this cat how did popcat do it well what is there to say the cat goes pop and The Crowd Goes Wild on the popcat website it's one pop per click at the time of making this video the cat has popped almost 650 billion times to date now pops are probably not a perfect proxy for buying pressure
but if the website's leaderboard is anything to go by we have East Asia to thank for launching this cat moonward yep countries in East Asia are popping like no one's business Thailand is in the lead with 124 billion pops and an impressive speed of 986 PPS that's pops per second however it faces Fierce competition from Hong Kong and Taiwan who are hot on its tail with 123 and 121 billion pops respectively it's pretty much neck and neck so don't be surprised if Hong Kong has flipped Thailand by the time you see this Japan is trailing
in fourth with 108 billion pops and behind it there's South Korea in an absolute shambles with just 30 billion China meanwhile is serious iously underperforming sitting far below with just one billion Pops I mean come on guys that's not even one pop per person meanwhile at the bottom of the leaderboard is North Korea with just two pops yes two well maybe Kim Jong-un got bored after two and went off to play with his missiles who knows and popcat has also been popped more than 2200 times from within the Vatican we see you your Holiness we
see you and we've also got 18,000 Pops from Christmas Island for good measure well what more can I say if you don't find this hilarious then well I'm pretty sure meme coins aren't for you but that's okay popcat will survive without you it's basically East Asia's favorite pastime already that said it's possible that popcat will be flipped by Mew or MOG at some point but to be honest I kind of doubt it popcat success comes from its Simplicity it's just a cat that pops there's no pretense to being a cultural movement with any particular values
let alone a cult now this year has shown us that the market has an appetite for meme coins of All Sorts including so-called culture coins like MOG and SPX 6900 and they will probably perform very well but there's a reason that the biggest meme coins are just animals likewise there's a reason the only mem coin to ever touch an $88 billion market cap is just a dog there's an argument to be made here about not over complicating memes Doge and sheba enu are really just dogs Pepe is well he's not really just a frog he's
a countercultural icon so let's skip him dog with hat is also just a dog albe it a fashionable one and then in fifth place there's popcat which is just a cat you don't need to sit through a PowerPoint dissertation on memec coins to spot an inefficiency in the market I can't see any reason why cats are outnumbered 3 to one in the top five meme coins the combined market cap of the top three dogs is around $38 billion for the top three cats it's under $4 billion something is clearly wrong and we suspect that the
market will put it right sooner rather than later now for some the rise of capat coins is a prophecy that was written long ago it was in February 2023 when the FED Trader known as gigantic casset rebirth wrote on Twitter quote waiting for a token that catalyzes a paradigm shift in meme investing a way from dog tokens to cat tokens GCR was ahead of their time and 2023 was not kind to cat coins nevertheless this catcoin prophecy was treated as scripture by fans of GCR whose Long record of making accurate predictions memorably included a $20
million short on Luna right before it went to zero anyway it's now late 20124 the market is heating up and we finally have a roster of worthy cat contenders with a clear favorite leading the way once BTC finally breaks out of its seven-month range crypto will be off to the races again and cats May finally have their day in the sun will gc's prophecy finally come to pass well we think any great Exodus from dog money is unlikely but at the same time the great catch up of the cat coins seems like only a matter
of time of course it might not happen but if it does it's going to look extremely obvious in hindsight Sometimes the best plays are right under your nose until that is they hit escape velocity all right that just about does it for our catcoin thesis so what do you think of cats under representation in the meme coin Market is crypto just a dog people thing or could a feline one day flip Doge go ahead and share your thesis in the comments below if you got something out of this video drop us a like and make
sure you're subscribed and have your bell notifications on so you don't miss our next upload as always thank you for watching and I'll see you next time this is guy over and out [Music]