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The cat-themed sector of the memecoin market has outperformed the wider cryptocurrency market in the past 24 hours.The rally follows the reported return of ‘Roaring Kitty’ to Reddit, which caused the prices of the GME, ROAR, and KITTY memecoins to surge on Monday and then sharply sell-off.

Analysts observed higher implied volatility in ether options compared to bitcoin options.This may suggest expectations of more significant price movements for ether, likely due to the upcoming rollout of spot ETH ETFs.

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MoreThe U.S. inflation rate has reached a 3-year high, potentially reinforcing market expectations of a Fed rate hike later this year.
Eightco Holdings (NASDAQ: ORBS) Reports Total Holdings of Approximately $472 Million, Includes OpenAI, Beast Industries, More Than 16,000 ETH and Over 283 Million WLD Tokens
