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Gigacat ($GCAT) has become the latest cat-themed meme coin to launch on Raydium, a Solana-based decentralized exchange. 

Since its market debut on August 27, 2024, $GCAT has been experiencing a volatile price action due to the uncertainty in the broader market. 

While it recorded a double-digit pump within the first two days of going live, trading above the $0.0008 level and appearing on the list of top trending cryptos on CoinmarketCap, $GCAT witnessed a sharp pullback over the weekend after the Bitcoin price plunged below the $57k mark. 

However, after a turbulent weekend, the crypto market is gradually staging a comeback, with the Bitcoin price reclaiming the $58k level. The slight recovery also spurred noticeable gains for $GCAT. In the last 24 hours, the Solana meme coin has jumped 10% to touch the $0.00069 range. 

Can $GCAT go higher and probably reach the $0.001 milestone in the coming months? Our expert will provide an answer to this question in this price prediction article.

What Is Gigacat?

Gigacat is a Solana-based meme coin that combines the iconic meme cat culture along with the Gigachad energy to gain investors’ attention. Describing itself as the “king of the jungle and the undisputed ruler of the meme-verse,” Gigacat’s core ambition is to lead the cat-themed meme coins niche and put an end to the agelong dominance of dog-themed tokens. 

While drawing direct inspiration from its predecessors like POPCAT, MOG, and MEW, Gigacat plans to build a community that embodies the true spirit of Gigachad – resilience, confidence, and staying ahead of the curve. It believes these three elements are pivotal to creating a strong legacy in the meme coin landscape. 

Gigacat has not mentioned any plans to integrate a real-world utility into its ecosystem. This simply means the token, like many other meme coins, will probably rely on its community strength and meme hype alone. However, according to its roadmap, it will offer rewarding programs like staking, meme contests, and many more to keep its community engaged and active. 

GCAT has a total supply of 1 billion tokens. The team has yet to reveal how this supply will be distributed. Nevertheless, GCAT is currently active on Jupiter, DEXTools, Raydium, and many more.

$GCAT Price Analysis & Prediction

Following a weekend slump that took its price below the $0.0004 level, GCAT started the first Monday in September with a significant rebound. The bulls exerted more pressure and eventually created a massive bullish trend that pushed the GCAT price to its all-time high (ATH) of $0.00085. 

While it has retraced 10% from its ATH, the market sentiment around the token is very positive. With a 24 hours trading volume of over $300k, the token’s RSI is currently fluctuating between 47 to 50, indicating that it is neither overbought nor oversold. 

Meanwhile, at the time of writing, GCAT is oscillating between $0.00069 to $0.00073 and boasts a market cap exceeding $600k. Breaking above this trendline may result in more rapid upward price action on the charts. More so, with the bulls now targeting $0.001, there is a high chance that the token will retest its all-time high in the coming days without being overbought. 

Major announcements like its listing on top-tier exchanges will also play a crucial role in $GCAT’s short-term price performance. At press time, it has not been listed by any major crypto exchanges. If the token is able to secure the attention of big exchanges, it will definitely reach a wider spectrum of investors, thereby boosting its buying pressure and price. 

That being said, since GCAT has no utility, one key factor that would drive its long-term performance is the general sentiment in the market and interest in meme coins. In the event that investors continue to show interest in meme tokens, especially the ones on Solana, GCAT will surely benefit from it. 

New Meme Coin Launch to Watch In September – Base Dawgz

With $GCAT staging a dramatic comeback from its recent lows and posting solid gains over the past day, investors are now turning their attention to Base Dawgz (DAWGZ) – another upcoming meme coin listing set to go live tomorrow, Sept 4 at 5pm CET. 

The dog-themed meme coin made its presale debut a couple of weeks ago and quickly captured the imaginations of degen investors due to its multichain appeal.

At its core, Base Dawgz has a unique lore that shows how Shiba Inu, Wojak, and other dog-based characters were flying through the skies after being equipped with base jumping gears. This interesting theme not only underscores Base Dawgz’s chain-hopping capabilities but also contributes to its viral appeal.

Originally developed on Base, Base Dawgz unlocks its multichain functionality by leveraging the powers of Portal Bridge and Wormhole technologies to hop to four other chains – Ethereum, Solana, Avalanche, and Binance Smart Chain. This interoperability attribute adds an extra layer of accessibility and credibility to the project, allowing it to reach many degen investors.

Additionally, Base Dawgz can tap into the rapid growth greeting each of the supported blockchains to strengthen its market position.

Base Dawgz also distinguishes itself from other meme coins with its novel “Share-to-Earn” program. This initiative is specifically designed to incentivize users for their engagement with Base Dawgz’s Twitter handle. As its name implies, users are expected to share Base Dawgz-related memes on Twitter. 

For completing this task, they will receive points which will eventually be redeemed for DAWGZ tokens. With this strategic approach, Base Dawgz is pioneering the next generation of social engagement and rewards while fostering a sense of belonging within its ecosystem.

Another fantastic selling point of Base Dawgz is its staking facility which has been developed to offer dynamic rewards and help early investors amplify their returns. The project, according to its website, has allocated 20% of its total supply to staking rewards. Investors across all the supported chains can capitalize on this lucrative passive earning mechanic to boost their gains.

Keeping up with other top cryptos on the market, Base Dawgz has also undergone a full audit. The audit, which was conducted by SolidProof, highlights the project’s commitment to transparency and security.

Meanwhile, ahead of its eagerly-awaited DEX listing, prominent crypto publications, including Cointelegraph, Crypto Daily, and Watcher Guru have analyzed the significance of Base Dawgz’s offerings to the meme coin space.

In addition to this, the project has been featured by well-known crypto YouTube channels like 99Bitcoins and Cryptonews. In fact, just recently, Cryptonews shared more insights into how the token can take advantage of its multichain posture, strong community, and presale buzz to post impressive gains upon launch.

After raising upwards of $3.2 million from investors, Base Dawgz is finally going live on IEO on September 4, 2024 at 5pm CET. Those yet to get in on the ground floor can take advantage of the final few hours left to buy $DAWGZ at its listing price of $0.008582 and benefit from its three-digit APY reward.

To stay updated about its future listings, follow Base Dawgz on X.

Visit Base Dawgz

*Cryptonomist did not write the article or test the platform.