# Popcat

> Popcat is an internet meme featuring a cat with an exaggerated mouth, evolving into a viral game and meme cryptocurrency, $POPCAT.

- Canonical URL: https://iq.wiki/wiki/popcat
- Categories: Cryptoassets
- Tags: Memecoin
- Created: 2024-10-03T02:47:24.180Z
- Last updated: 2024-10-14T15:12:01.432Z
- Source: IQ.wiki — the world's largest blockchain and crypto encyclopedia (https://iq.wiki)

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**Popcat** is an internet meme and a meme [cryptocurrency](https://iq.wiki/wiki/cryptocurrency) project, launched in October 2020, centered around an image of a domestic short-haired cat named Oatmeal. The meme features two distinct images of the cat: one with its mouth closed, and another edited to depict its mouth in an exaggerated 'O' shape. The rapid alternation between these images creates a humorous "popping" effect. Over time, the meme evolved into a [Solana](https://iq.wiki/wiki/solana)-based [memecoin](https://iq.wiki/wiki/memecoins), developed solely for entertainment purposes with no intrinsic financial value.[\[1\]](#cite-id-rf1cpv3ql1p)[\[2\]](#cite-id-djbjwif3kc6)[\[3\]](#cite-id-185g5yl9mv3)[\[4\]](#cite-id-f6oybir58qe)[\[5\]](#cite-id-qwjog3xua8)[\[6\]](#cite-id-c1qbc9q0l4h)[\[7\]](#cite-id-vzmwo66a2j)  
  
  
# Overview  
  
Popcat started as a simple internet meme and quickly gained traction on platforms like Instagram and Reddit, where the edited cat images were synced with music to create comedic effects. The meme was further popularized by an online game where users clicked on the image of Oatmeal to make its mouth open and close, generating points and contributing to a nation’s leaderboard ranking.  
  
The popularity of the Popcat meme eventually led to the creation of $POPCAT, a [memecoin](https://iq.wiki/wiki/memecoins) on the [Solana](https://iq.wiki/wiki/solana) [blockchain](https://iq.wiki/wiki/blockchain). Like many memecoins, $POPCAT relies on community engagement and viral internet culture, rather than any inherent utility, to drive its value.[\[1\]](#cite-id-rf1cpv3ql1p)[\[2\]](#cite-id-djbjwif3kc6)[\[3\]](#cite-id-185g5yl9mv3)[\[4\]](#cite-id-f6oybir58qe)[\[5\]](#cite-id-qwjog3xua8)[\[6\]](#cite-id-c1qbc9q0l4h)[\[7\]](#cite-id-vzmwo66a2j)  
  
  
# Tokenomics  
  
POPCAT follows the typical pattern of [memecoins](https://iq.wiki/wiki/memecoins), with a focus on simplicity and transparency in its [tokenomics](https://iq.wiki/wiki/tokenomics).  
  
* **Liquidity Pool**: 93.1% of the token supply was sent to the [liquidity pool](https://iq.wiki/wiki/liquidity-pool). The liquidity pool tokens were [burned](https://iq.wiki/wiki/token-burn), and the [smart contract](https://iq.wiki/wiki/smart-contract) has been renounced, meaning the creators no longer have control over the contract.  
* **Remaining Supply**: 6.9% of the token supply is held in a [multi-signature](https://iq.wiki/wiki/multi-signature-wallet) (multi-sig) wallet for future use. These tokens are reserved for [centralized exchange](https://iq.wiki/wiki/cex-centralized-exchange) listings, liquidity pools, and bridges.  
  
The Popcat token emphasizes a "no taxes, no gimmicks" approach, aligning with its playful, meme-driven origins.[\[1\]](#cite-id-rf1cpv3ql1p)[\[2\]](#cite-id-djbjwif3kc6)[\[3\]](#cite-id-185g5yl9mv3)[\[7\]](#cite-id-vzmwo66a2j)