Popcat (POPCAT) is a memecoin that operates on the Solana blockchain. It has gained significant attention and market value, surging from approximately $200,000 to over $230 million. Popcat's name and branding are inspired by a viral internet meme featuring a cat named Oatmeal, whose image is photoshopped to appear as if the cat is opening its mouth wide in an "O" shape .
The tokenomics of Popcat involve a total supply of 979,974,293 POPCAT tokens, with 93.1% allocated to liquidity pools to support its decentralized nature. The remaining 6.9% is reserved for future growth initiatives, including exchange offerings and increased liquidity.
Despite its success, investing in Popcat carries risks common to memecoins, such as high volatility and reliance on social media trends. The project's virality and strong community engagement have been key drivers of its rapid rise, reflecting the broader influence of meme culture within the digital economy.