ni hao cat memecoin: $mihao Runs 3,300% to a $14M Cap as Clones Flood In

The ni hao cat memecoin ($mihao) is the Solana cat of the moment: a token that sat near a $420K market cap for days suddenly ran about 3,300% from its November 7 close and was trading around $14M-$17M on November 11. It has a real contract, a website and an X account, and it also has a swarm of copycats on three chains.

What actually happened

$mihao is not a fresh launch. sasa says its main pool opened on October 25, 2026, the same day its X account, @iAmNihaoCat, was created. For two weeks it was a small cat coin: daily closes hovered around $0.00045 to $0.0005 and the cap stayed under $500K, with daily volume in the low hundreds of thousands.

Then November 10 happened. sasa's price table shows the coin trading from $0.000499 to $0.0138 that day, closing at a $13.03M cap on $11.19M of volume. On November 11 it closed at $0.0153 on $19.84M of volume as of the latest update. The token page says the daily close moved +3.3K% since November 7 and that the coin made sasa's top gainers list twice, at #15 on November 10 and #14 on November 11.

The project side is basic but real. The site at mihao.fun is a meme vault with 289 cat memes, a profile-picture generator with 218 possible cats and a page for tokens paired with $mihao. The X bio lists the contract address and a separate PFP account. The account had about 4,100 followers when we checked, small for a coin with eight-figure daily volume.

On-chain snapshot

sasa's token check found no buy or sell tax and no mint function, and says the 10 biggest wallets hold 32% of supply. That is concentrated, though less extreme than many fresh launches. Buys outnumbered sells, 94,606 to 79,790 over 24 hours.

DexScreener also lists two new Meteora pools for $mihao, both opened late on November 10 UTC, which adds trading venues but also splits liquidity. Note that the two trackers showed different prices, $0.0151 on sasa versus about $0.0184 on DexScreener, mostly because sasa refreshes every 30 minutes and the coin was moving fast.

The copycat wave

Success breeds clones, and the ni hao cat memecoin has plenty. sasa's November 11 Solana archive shows several separate "ni hao cat" $mihao contracts opened between 01:33 and 01:34 UTC with millions in volume but caps near $100K, plus a "baby ni hao cat" and a Chinese-name 你好猫 token. On BNB Chain, more than a dozen ni hao cat copies already show -100% on sasa. Base has its own versions too.

This mirrors what we saw with the chinese x memecoin wave and the safu memecoins flood: one name breaks out, then copies hit every cheap chain within hours. Only the contract address tells them apart.

What we could not verify

We did not find a news report, influencer post or exchange listing that explains why $mihao woke up on November 10. The project's site and X account do not name a team, and the Instagram profile linked in DexScreener's data was not something we could check in depth. Volume on fresh runs can also be inflated by the same wallets trading back and forth, and no tracker filters that perfectly.

We also cannot say who holds the top wallets or whether any of them belong to the deployer. With 32% of supply in ten addresses, a few sellers could move the price a lot.

What to do as a reader

If you are looking at the ni hao cat memecoin, start from the contract listed on the project's own site and X bio, then cross-check it on the sasa token page or another explorer. Ignore same-name tokens on BNB Chain and Base unless you know exactly which contract you are buying.

Compare liquidity with market cap, watch the top-holder share, and remember that a 3,000% run can reverse just as fast. A website and memes do not make a coin safe. Treat all numbers here as a snapshot from around 06:00 UTC on November 11. Nothing here is investment advice, and you should only risk money you can afford to lose.