Popcat Crosses $1B, Mog Rallies as Solana, Ethereum Beta Bets Gain Favor
Summary
Meme coins POPCAT and MOG surged over the weekend, driven by cat-themed narrative and used as beta bets. POPCAT briefly topped $1 billion in market cap, winning a Polymarket bet. Ether gained 5% as ETH ETFs are expected to trade on July 23. Solana's SOL rose 15% due to increased transaction volumes. Cat-themed tokens rally with SOL and ETH prices. POPCAT spiked after a $630,000 purchase, while MOG rose 8% to $960 million cap. A Polymarket bet on cat-themed tokens' market cap reached $4.6 million in trading volumes. Some users argued market manipulation favoring POPCAT's odds. Polymarket's resolution remains undisputed.
