Mohammedia – Memecoin trading activity increased in recent days after sharp price movements in smaller tokens and renewed fundraising by early-stage projects, according to publicly available market data.

On Tuesday, Catx (CATX), a newly issued digital token, rose more than 3,600% within a 24-hour period, based on price data published by CoinGecko.

The token’s market capitalization briefly moved from below $200,000 to $

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