Cat-themed memecoins have demonstrated a significant uptrend in the past week. According to this week's Bitfinex Alpha report, the cat-themed sector has collectively witnessed a gain of over 64% in the past seven days.

"Cat-themed memecoins have reached a cumulative market capitalization of over $750 million. Although this figure is relatively modest compared to the market caps of dog-themed coins, it demonstrates, if nothing else, the huge shift taking place in favor of crypto meme/animal coins," Bitfinex analysts said.

The top three cat-themed coins

The top three coins by market capitalization in the Coingecko Cat-themed category account for around 80% of the total index market capitalization. "This underscores a significant concentration within this niche sector," Bitfinex analysts …