The price of $CAT has pumped by 19.04%, and the CAT token has been expanded to the Solana blockchain gate News: The CAT token based on the well-known web animation character "Simon’s Cat" has expanded to the Solana blockchain to attract more active trading community users. As a result, $CAT briefly touched $0.00005996. gate data shows that the price of $CAT has pumped 19.04% in the past 24 hours, with the current price at $0.00005858, market cap at $399.33M, and 24-hour volume at $44.00M.

According to Lookonchain monitoring, it is suspected that an insider created a new Wallet and spent 1370 SOL (about $230,000) to buy 632 million CAT (63.2% of the total supply), and the wallet has sold part of $CAT and received about 29,525 SOL (worth about $5 million).

The new 10x Solana Meme coin appears, MEW becomes the top competitor in the SOLANA MEME coin market In a surprising turn of events in the Solana Meme coin ecosystem, the once popular Book Of Meme (BOME) has been overshadowed by a new competitor called Cat In A Dogs World (MEW). MEW recently reached an all-time high of $0.0036, marking a significant spike in its value. One trader achieved an extraordinary return on investment, turning $35,000 into a staggering $8.9 million in less than two hours, according to data. This impressive feat was achieved by purchasing 4.41 billion MEW tokens for 178.2 SOL. The new Solana-based meme coin MEW is the hottest topic among meme enthusiasts as it has gained huge traction in the market. The trader invested 5,490 SOL (equivalent to $1.07 million) to purchase 9.58 billion MEW, which represents 10.8% of the total supply and has become the largest single purchase of the token, making them the largest buyer and holder. The trader's unrealized profits now exceed $20 million. But remember, there is not enough liquidity to realize all profits. Notably, another trader invested heavily in MEW, spending 5,490 SOL (equivalent to $1.07 million) to purchase a large portion of the token supply, totaling 9.58 billion MEW tokens. The investment made the trader the largest buyer and holder of MEW, with unrealized profits of more than $20 million. Additionally, this trader also profited from BOME, demonstrating a savvy trading strategy. The trader invested 750 SOL to purchase 94.86 million BOME tokens and later sold some of the tokens for 6,550 SOL, worth $1.28 million. Despite selling a large portion, the trader still retained a portion of BOME tokens, indicating that the trader is still participating in the meme coin market. The Solana meme coin is not only known for its extreme volatility, causing wild price swings, but it is also known for being involved in schemes that, in some cases, drained the liquidity of unsuspecting investors. These extraordinary success stories highlight the lucrative opportunity in the Solana meme coin market. With MEW emerging as a strong competitor and traders leveraging strategic investments, the industry is witnessing unprecedented growth and profitability. As investors continue to navigate this dynamic market, MEW's meteoric rise highlights the potential for strong returns for those willing to take advantage of the opportunity. While the prospect of making quick profits from a memecoin like MEW may be appealing, you should approach it with caution and avoid making moves that are too risky. (Data source: Will Izuchukwu, Arman Shirinyan)