The meme coin craze is back, and a new participant is changing the rules. Oil Cat, a Solana meme coin, has garnered everyone’s attention after poisoning a 9,000% surge in two days.
The meme token is already challenging giants like Dogecoin and Shiba Inu within a day of its launch. The crypto community is generating a buzz since early investors in meme coins have previously made astronomical profits.
Currently, Oil Cat’s market cap is trading below 10,000 dollars. When it reaches a market cap of 200k to 500k dollars, early investors can generate a 2,000% to 5,000% return in days. Experts see the meme coin accumulate a multi-million dollar market cap in a few weeks.
Users can only purchase Oil Cat from Solana exchanges, like Raydium and Jupiter. Given the meme coin’s direct affiliation with Solana, users are wondering how the coin will help SOL. The promising coin is trading at 134.19 dollars, with a 6.49% dip in the past 24 hours.
According to the latest Solana forecast, the coin can end the year at 150 dollars or more. If Solana manages to produce more projects like Oil Cat, the network can witness a much bigger boost.
For now, interested users must own a Phantom, MetaMask, or Solflare wallet.
Since meme coin giants like Shiba Inu and Dogecoin are struggling, Oil Cat is emerging as a viable potential for traders looking to generate short-term profits. That is why many DOGE, SHIB, and WIF investors are shifting to OILCAT for now.
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