CoinClear

Cat Wif Hat

2.1/10

Cat version of dogwifhat — a derivative memecoin replacing dog with cat, riding WIF's viral coat tails. Zero innovation, zero utility, peak memecoin derivative energy. Entertains briefly, enriches few.

Updated: February 16, 2026AI Model: claude-4-opusVersion 1

Overview

Cat Wif Hat (CWIF) is exactly what it sounds like: a cat wearing a hat, turned into a memecoin. The token is a direct derivative of dogwifhat (WIF), one of Solana's most successful memecoins, with the simple memetic inversion of replacing the dog with a cat. This is memecoin creation at its most derivative — taking a proven meme format and swapping one animal for another.

The token launched on Solana, following WIF's footsteps on the same chain. There is no utility, no roadmap of substance, and no technology beyond a standard SPL token deployment. The entire value proposition is the meme: a cat, wearing a hat, on the blockchain. Multiple tokens with similar names exist across different chains, creating confusion and illustrating the zero-barrier-to-entry nature of memecoin creation.

Community

The Cat Wif Hat community exists primarily as a satellite of WIF culture, with a cat-themed twist. Twitter/X and Telegram channels feature cat-in-hat memes, price screenshots, and the standard memecoin community behaviors — shilling, price prediction, and hopium distribution.

The community is smaller and less organic than WIF's — most holders are memecoin traders seeking the "next WIF" rather than genuine community members with emotional attachment. The cat-lover demographic provides some organic interest, but the community lacks the depth and cultural resonance that sustains top-tier memecoins. Engagement is price-driven: active during pumps, silent during dumps.

Liquidity

Liquidity is thin. Trading occurs primarily on Solana DEXs (Raydium, Jupiter) with minimal centralized exchange listings. The Solana base provides fast, cheap trading, enabling rapid speculative activity. However, pool depth is limited, and significant trades will experience substantial slippage. The absence of major exchange listings limits both price discovery and exit liquidity. For a memecoin of this size, liquidity can evaporate quickly during a sell-off.

On-Chain Metrics

Holder count is modest and heavily concentrated. On-chain activity follows memecoin patterns: bursts of trading during attention spikes, followed by dormancy. The holder distribution likely shows significant whale concentration, with early buyers holding disproportionate shares. There are no meaningful on-chain utility metrics because there is no utility. All activity is pure trading speculation.

Development

Zero development. There is no product, no protocol, no smart contract innovation, and no roadmap of substance. The token contract is a standard SPL token deployment with no special features. Any "roadmap" items claimed by community members should be treated as marketing rather than technical commitments. This is not a technology project.

Risk Profile

Extreme risk. Cat Wif Hat is a derivative memecoin — a copy of a copy of a joke. The token has no floor value, no utility driver, and no community moat. It is entirely dependent on memecoin sentiment cycles and attention flows. The derivative nature means it will always be secondary to WIF in attention and capital allocation.

Risk Factors

  • Pure derivative: A copy of WIF with no original meme or concept
  • Zero utility: No product, protocol, or use case
  • Extreme illiquidity: Thin DEX pools with no major exchange listings
  • Whale concentration: Likely concentrated ownership enabling manipulation
  • No development: No team, no roadmap, no technical activity
  • Attention dependency: Value exists only when memecoin attention flows to cat tokens
  • Multiple versions: Token name fragmentation across chains creates confusion
  • WIF dependency: Success ceiling limited by WIF's performance as the original

Conclusion

Cat Wif Hat is the memecoin derivative machine operating at full speed — take a successful meme, swap one element, launch a new token, hope for viral attention. The concept requires zero innovation, zero technical skill, and zero capital to create.

There is no investment thesis. Cat Wif Hat is a lottery ticket in a lottery where most tickets lose everything. The cat-wearing-a-hat meme is amusing for approximately five seconds, which is longer than the due diligence most buyers perform.

For traders: a micro-cap gamble that might 10x or go to zero. For anyone else: look at the picture, smile, and move on without buying.

Sources

  • CoinGecko. Cat Wif Hat Market Data
  • DEXScreener. CWIF Liquidity Pool Analytics
  • Solscan. Cat Wif Hat Token Contract and Holders
  • Memecoin Derivative Analysis