In the always-changing world of cryptocurrency, the latest development is that Hosico, a memecoin inspired by the internet’s favorite chubby Scottish Fold cat, has exploded in value, surging more than 110% in a single day.
During the rally, the token’s market cap skyrocketed to $27 million, with a staggering $18 million in trading volume accompanying the action. Although it’s a dubious use case, Hosico is rapidly climbing the memecoin rankings. Thus, the current cycle of meme-driven tokens is, for better or worse, heating up.
$Hosico, the memecoin inspired by internet-famous cat Hosico, has surged over 110% today, reaching a market cap of $27M with $18M in trading volume.
Hosico, known for its viral social media presence, has a dedicated fanbase and even an online shop. The token aims to build a… pic.twitter.com/bhVFAAbhHc
— Followin (@followin_io) April 28, 2025
Launched originally as a fun homage to the most-beloved cat of all, Hosico, the project seeks to merge internet subculture, NFTs, and the crypto economy into a community-run whole. Just behind that plush, meme-worthy face, there looms a monetization strategy that leverages viral fame to build a community of global pet lovers in which—whether for fun, profit, or both—tokens are traded. Hosico the cat even has a token now.
From a $302 Bet to Six-Figure Gains
This week, the speculative frenzy enveloping Hosico escalated to unprecedented levels after just one investor managed to turn a relatively paltry $302 investment into what now, unrealized, looks to be a $430,000 windfall. That windfall began only two days ago, when the investor entered the market at a time when Hosico’s total valuation was a mere $19,000—and has now, in short order, pumped up the token’s market cap to having recently peaked at $37.6 million.
2 days ago someone bought $Hosico worth $302 at $19k market cap and is up $430k in unrealized.$Hosico is currently at $37.6 million in marketcap.
The memecoin cycle could be here indeed with other memecoins such $House also ripping. pic.twitter.com/WrgGV1YneV
— Grey BTC (@greybtc) April 28, 2025
These sorts of dramatic gains are not rare in the memecoin sector, where high volatility and substantial community support can elevate seemingly valueless tokens. Yet, what makes Hosico exceptional is its tightly woven brand narrative as an internet cat, which already enjoys star power in our emotionally driven meme economy. So, even though the cat cannot help but be a somewhat random mascot for a cryptocurrency, it at least has a visually arresting design and seems to embody the kinds of cat-like characteristics that, in a moment of artistic desperation, one might attribute to a cryptocurrency.
The resurgence in the memecoin sector is also reflected in Hosico’s rise. Other tokens, like $HOUSE, are also experiencing explosive moves, indicating that investors are once again gravitating toward low-cap, high-risk assets in a search for outsized returns. This development is becoming a not-so-new look for the crypto markets: periods of consolidation or decline lead to renewed interest in meme and community-led projects, fueled by social media virality. Over in Bloomberg, they put this in context with the memecoin resurgence since the summer lows.
Can Hosico Maintain Its Momentum?
Even though there’s a lot of excitement, Hosico’s future is still uncertain. Its roadmap—while ambitious—is in its early stages. The team behind Hosico has proposed a hybrid model that includes NFTs, deflationary mechanisms, and community governance. Their aim: to create a kind of “pet culture” symbol within the crypto space—an intersection of digital assets and the widespread cultural fascination with pets.
Yet, like most memecoins, the price action is largely speculative and sentimental. Even though Hosico has managed to attract a faithful following already, its long-term outcome will probably hinge on a continuing interest and an ability to deliver on the promises of the broader ecosystem. Such tokens can really lack for nothing in the “flash, style, and wit” department, but without continued innovation or compelling community engagement, they can fall from grace as quickly as they gather interest.
For the time being, though, Hosico is relishing its time in the limelight. An unavoidably internet-famous mascot, combined with the speculative fervor that seems to accompany any mention of catcoins, has, in very short order, made Hosico one of the most talked-about new memes, with some alleging that it’s about to become the next big thing. Whether or not it actually does so—or if it might just be another viral pump with no actual substance to it—remains to be seen.
What is clear, however, is that once again the memecoin cycle is in full swing. With tokens like Hosico making headline after headline and fortunes being made overnight, the risk and appetite for novelty in the crypto space seems as strong as ever. For both investors and observers, Hosico is a reminder of the potential rewards and also of the unpredictable nature of the memecoin market.
Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.
No Comments