The token, launched on July 26, recorded $40M in 24-hour volume as renewed activity in Solana’s memecoin market drew attention to a cat-themed coin tied to Doge’s owner.
Cate, a Solana-based memecoin, reached a $73 million market capitalization and posted $40 million in 24-hour trading volume eight days after its July 26 launch. The token is based on a cat rescued by the original Doge’s owner, linking the project to one of crypto’s most recognizable meme origins. The move points to renewed speculative activity in Solana’s memecoin segment, where rapid listings and community-driven trading can quickly amplify volumes and valuations.