In the past 24 hours, both Mog Coin (MOG) and Popcat (POPCAT) have risen by more than 10% and have also seen significant adoption Crypto All-Stars (STARS) remains one of the most popular coins since its launch since its ICO has been completed, raising over $2 million.
Mog Coin & Popcat Fuel the “Cat Coin” Rally Surge
Mog Coin, the lesser heard of the two, has emerged as a shocker in the market with an upswing of 17% that put it at $0.00000169 –the first time since August 1st. This impressive rally continues the notable bullish trend seen in MOG since early September pushing the stock up by an astounding 142% in the last month.
In the current times, traders are rushing to invest in MOG as current market capitalization increases interest, meaning that the trend may go up.
Another ERC-20 token that has also hopped onto the ‘cat coin’ trend is Popcat which increased by 11% to $1.41 raising its market cap to over $1.3 billion. Indeed, calls for the POPCAT ETF have risen with trading volumes rising 117% to $184 million in a single day. The open interest of this coin has also gone up by 11% hence proving why it is gaining popularity among the meme coin.
Crypto Market Boosted by Strong U.S. Jobs Report
The rest of the crypto market is also on the rise – Bitcoin soared over $63,000 while Ethereum is standing just below $2,500, and Solana is in a sight distance from $150 plateau. Sui is the biggest gainer up 14% since yesterday followed by Alibaba.
This rally comes after a surprisingly buoyant US jobs report – September witnessed the addition of 254,000 new jobs which beat a projected 140,000, in addition to the decline in the unemployment rate to 4.1%. The better-than-expected economic projections have continued to push investors to leverage increasing risks such as cryptocurrencies with expectations for rate cuts also boosting the drive.
Crypto All-Stars Surpasses $2M in ICO, Unveils Upcoming “MemeVault” Feature
Amid all this market buzz, Crypto All-Stars is alive and kicking, and its ICO exceeded the $2 million mark and is still ongoing. Launched as the first meme coins staking protocol, Crypto All-Stars is already capturing the attention of its audience with a recently introduced “MemeVault” functionality, which will let meme coin holders stake 11 popular coins and earn PASSIVE INCOME.
“MemeVault” and the Future of Crypto All-Stars
Like most other meme coins, “MemeVault” uses the ERC -1155 protocol, which allows it to interact with multiple chain platforms including Ethereum, Solana, Avalanche, and Base. The project also encompasses a staking protocol for its own token, known as the STARS token, which has an astonishing APY of 714%. Thanks to the enormous interest of users, who have staked more than 1 billion STARS tokens, the ICO is still open.
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