POPCAT rally cools, WYAC and PHIL meme coins pump double digits

As Bitcoin continues its rally, surpassing $68,000, several meme coins have also experienced a significant surge, with coins like Woman Yelling At Cat, Settled EthXY Token, and Phili Inu spiking by double digits.

According to CoinMarketCap, the global cryptocurrency market has begun to recover from last week’s dip. The total market capitalization has increased to $2.34 trillion, up from $2.17 trillion just last weekend.

Bitcoin is holding steady above the $68,000 mark, while Ethereum is trading around $2,600. However, in recent hours, there are signs of the market cooling off, with some analysts suggesting the possibility of a reversal in the near term.

Despite this uncertainty in the broader market, meme coins like Woman Yelling At Cat, Settled EthXY Token, and Phili Inu have continued their upward momentum, each seeing double-digit gains.

Woman Yelling At Cat pumps 80%

The latest data from CoinGecko reveals an intriguing price movement for the Woman Yelling At Cat (WYAC) meme coin, which is inspired by the viral meme from “The Real Housewives of Beverly Hills.”

WYAC surged from a 24-hour low of $0.02504 to a high of $0.05288, marking a notable price jump. The exact reason behind this surge remains unclear, but the coin’s growing popularity on social media, especially on X (formerly Twitter), seems to be driving increased interest.

As meme coins often experience spikes in value driven by viral trends or social media buzz, this surge highlights the strong influence of community engagement and meme culture on the cryptocurrency market.

The Woman Yelling At Cat (WYAC) meme coin’s surge has now cooled off, with its market cap currently sitting at $45.5 million. Despite the cooling off, WYAC reached an all-time high on October 17, showcasing its potential for rapid growth.

This recent price spike has secured WYAC the title of the largest gainer on CoinGecko’s list, reflecting its meteoric rise. In addition, on-chain data platform Alphanomics reported that WYAC has made an impressive 6200% surge over the past 30 days, placing it among the top five biggest price gainers in that period.

Despite the volatility that often characterizes meme coins, WYAC’s remarkable gains highlight the power of social media influence and community-driven hype in driving the value of meme tokens.

SEXY and PHIL soar

After reviewing CoinGecko’s list of top gainers on Saturday, it’s evident that both Settled EthXY Token (SEXY) and Phili Inu (PHIL) have surged by double digits.

SEXY has seen a remarkable increase of nearly 80%, rising from its 24-hour low of $0.2408. However, after hitting a peak of $0.5241, the token has since retraced slightly, reflecting the typical volatility seen in meme coins.

The significant surge in SEXY points to growing interest and hype within the meme coin community, driven by social media trends and speculative trading. Meanwhile, Phili Inu (PHIL) also continues to capture attention, joining the ranks of popular meme tokens with double-digit gains.

Settled EthXY Token (SEXY), which first launched in August 2023 on the Ethereum blockchain, has seen significant momentum, with its recent 80% surge pushing it into the spotlight.

Meanwhile, Phili Inu (PHIL), ranking third on the CoinGecko gainers list, experienced an impressive 54% pump. The meme coin has also seen a 130% rise over the past 30 days, with its price now stabilizing around the $0.04 mark. PHIL’s growth has gained attention after being featured in the 46th edition of SHIB Magazine, further fueling its popularity.

The rise of these lesser-known meme coins contrasts with the cooling off of Popcat (POPCAT), a Solana-based meme coin. Despite being a popular cat-themed token, POPCAT has experienced a 3% dip in the last 24 hours and is down 15% over the past week.

Notably, POPCAT has shown similar retracements after previous rallies, indicating that its price volatility could be a recurring pattern. However, the current market trajectory for Popcat remains uncertain, with its future price movements unclear in the short term.