The information about the Popcat (POPCAT) token is gathered from various posts on X and web sources. POPCAT is a meme token launched on the Solana blockchain in December 2023, inspired by the viral internet meme featuring a domestic short-haired cat named Oatmeal, whose "popping" mouth motion gained fame in October 2020. Operating as an SPL token on Solana, POPCAT leverages the blockchain’s high-speed, low-cost infrastructure, known for its proof-of-history (PoH) and proof-of-stake (PoS) consensus mechanisms. The token has a total supply of approximately 979.97 million, with 93.1% initially placed into a liquidity pool and subsequently burned, ensuring a decentralized structure. It was created without inherent financial value, intended purely for entertainment and community engagement, embodying the speculative nature of meme coins driven by internet culture.

POPCAT’s ecosystem is community-driven, with no official ties to the original meme or its associated clicking game. Its tokenomics emphasize simplicity and decentralization—after an acquisition in December 2023, when Jpeggler, founder of the ENIGMA art collection, paid 35,000 USDC for update and social rights, the token’s metadata was made immutable, removing risks of alteration by any single party. Within the Solana ecosystem, POPCAT can be traded on decentralized exchanges (DEXs) like Raydium and is supported by wallets such as Phantom, facilitating its use for microtransactions, tipping, or speculative trading. Posts on X highlight its first-mover advantage in the "cat meme" meta on Solana, positioning it as a pioneer among similar tokens.

The token’s utility extends to potential integrations within Solana’s growing DeFi and NFT landscape, though its primary appeal lies in community hype and virality rather than functional use cases. Backed by Solana’s scalability, POPCAT benefits from the blockchain’s ability to process thousands of transactions per second, making it accessible for small-scale interactions. The project has garnered attention for its resilience, with the community sustaining it through multiple cycles of interest, drawing parallels to other Solana meme coins like WIF. Its contract address on Solana is 7GCihgDB8fe6KNjn2MYtkzZcRjQy3t9GHdC8uHYmW2hr, as confirmed by platforms like Coinbase Assets, cementing its technical presence on the network.