What is NYAN CAT and How to Trade It on Bitrue Alpha?

NYAN CAT is the latest meme coin inspired by the viral internet animation of the same name. This Solana-based token taps into the popularity of nostalgic web culture, blending humor and blockchain technology to appeal to traders and collectors alike.

The original Nyan Cat animation, created by artist PRguitarman, gained massive traction in the early 2010s and has since become an iconic meme. The NYAN CAT token pays homage to this legacy by directing all royalties back to the creator, reinforcing its connection to digital art authenticity and creator support.

NYAN CAT Token Overview

The NYAN CAT token (NYAN) is a decentralized meme coin deployed on the Solana blockchain. It is primarily traded against SOL and is accessible through several decentralized platforms. 

As of now, the token has a market cap of around $8.7 million, with a 24-hour trading volume exceeding $29 million, indicating strong market interest despite its novelty.

Notably, the NYAN token's pricing has surged over 21,000% in just a single day, marking it as one of the most volatile and hyped meme assets in recent weeks. Its liquidity pool includes over 17 million NYAN tokens and more than 1,800 SOL, providing a substantial base for trade activity.

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Why NYAN CAT is Gaining Attention

One of the major reasons for NYAN CAT’s popularity is its embedded royalty structure. Every transaction involving NYAN CAT contributes to the earnings of the original meme creator. This approach appeals to communities that prioritize creator rights and sustainability in the meme economy.

In addition, the NYAN CAT token also aligns itself with $BADDOG, another meme-based project in the Ethereum ecosystem, showing how interconnected these tokens are in the broader meme coin narrative.

Nyan Cat (NYAN) Contact Address: CMx7yon2cLzHcXqgHsKJhuU3MmME6noWLQk2rAycBAGS

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How to NYAN CAT (NYAN) on Bitrue Alpha

How to NYAN CAT (NYAN) on Bitrue website

1. Go to Bitrue Alpha official site: https://www.bitrue.com/alpha/

2. Use the Bitrue Alpha search bar to search for NYAN CAT (NYAN)

3. Trade NYAN CAT (NYAN)/USDT directly 

How to Buy NYAN CAT (NYAN) on Bitrue Application

1. Open the Bitrue app or download it from Google Play Store or Apple App Store

2. Login and navigate to the Alpha section on the homepage

3. Use the search bar in the Alpha tab to look for NYAN CAT (NYAN)

4. Trade NYAN CAT (NYAN)/USDT 

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Risks and Considerations

Meme coins such as NYAN CAT are inherently speculative and extremely volatile. Despite surging prices and trading volume, these assets often rely more on community sentiment than on technological innovation. While the creator-focused royalty model is unique, traders should be cautious due to the potential for rapid price swings and low regulatory oversight.

Additionally, as with many meme tokens, audit information may be incomplete or unavailable, making it essential to conduct thorough research before investing.

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Final Thoughts

NYAN CAT represents a fusion of internet culture and decentralized finance, aiming to deliver both entertainment and creator compensation. As meme tokens continue to evolve, the involvement of original content creators and massive community backing could offer NYAN CAT a stronger foothold in the crypto space. For those interested in the meme token space, NYAN CAT offers an engaging, albeit risky, trading opportunity.

FAQs

What is NYAN CAT token

NYAN CAT is a meme cryptocurrency inspired by the viral internet animation. It runs on Solana and rewards the original creator with royalties from trades.

Can I trade NYAN CAT on Bitrue Alpha?

If listed, you can trade NYAN CAT on Bitrue Alpha using USDT. Check the Bitrue Alpha launchpad for updates.

What makes NYAN CAT different from other meme coins?

Unlike many meme coins, NYAN CAT integrates a royalty mechanism that rewards the original meme creator.

Is NYAN CAT a safe investment?

Meme coins are highly volatile. While NYAN CAT has strong community support, it lacks the security and audits of larger tokens.

Where else can I buy NYAN CAT?

NYAN CAT can also be purchased on Solana-based decentralized exchanges like Jupiter and Photon using the Phantom wallet.