Two memecoins themed around Nihao Cat have seen sharp price increases on Solana following attention from prominent trader Ansem. The MIHAO token climbed after Ansem changed his profile picture to the cat image on November 10 and called it his preferred meme token. Its market capitalization moved from $1.1 million to around $20 million before settling near $18.81 million.
A second token called NIHAO appeared around the same time using a different cat image and reached roughly $18 million in market cap. Both tokens attracted heavy trading volumes, with MIHAO recording $38.8 million in 24-hour activity. Multiple copycat tokens with similar names also exist on Solana.
Read the full story on BSC News: Two Nihao Cat Memecoins, MIHAO and NIHAO, Surge on Solana After Ansem Profile Change
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