Crypto Rally Spreads to Cat and Dog Meme Coins; Some Small-Cap Tokens Double in a Week

On August 25, according to CoinDesk, the crypto market rebound is spreading into the more speculative meme coin sector, with dog- and cat-themed tokens leading the gains. Robinhood-based Cash Cat rose about 51% in 24 hours to $0.218, with a weekly gain of over 113% and a monthly gain of 345%, bringing its market cap to approximately $215 million. Other cat-themed tokens also moved higher: Thinking Cat gained 131% over the week, Purr rose 93%, Popcat gained 54%, and MEW climbed 49%. Among dog-themed tokens, Dog (Bitcoin) nearly doubled over the week, dogwifhat rose 64%, Bonk gained 47%, and Floki advanced 40%. Dogecoin rose about 32% over the week, while Shiba Inu gained roughly 30%.