What is Nala (NALA) crypto coin? The truth about the meme coin tied to a famous cat

What is Nala (NALA) crypto coin? The truth about the meme coin tied to a famous cat
0 Comments

Nala (NALA) isn’t a cryptocurrency built to change the world. It doesn’t have a blockchain protocol, a real use case, or a team of developers working on upgrades. It’s a meme coin - a digital token created purely for fun, hype, and speculation. And it’s tied to one of the internet’s most famous cats: Nala, the Siamese cat with over 4 million Instagram followers who holds the Guinness World Record for the most-followed cat online.

Launched in 2023, NALA jumped into the crowded meme coin space alongside Dogecoin and Shiba Inu. But unlike those coins, which at least have active communities and some real trading volume, NALA barely registers on the crypto radar. Most people who buy it do so because they think Nala Cat might endorse it. She hasn’t. And that’s just the beginning of the problems.

Two versions, one confusing mess

Here’s the first red flag: there isn’t just one NALA token. There are at least two - one on Ethereum and one on Solana. They have different contract addresses, different supply numbers, and different trading volumes. The Ethereum version has a total supply of 1 quadrillion tokens. The Solana version? Only 920 million. That’s not a typo. One is a thousand times larger than the other. And neither is officially linked to the real Nala Cat.

This split causes chaos. If you buy NALA on Uniswap, you’re getting the Ethereum version. If you buy it on Raydium, you’re getting Solana’s. They don’t work together. You can’t swap them. And most exchanges don’t list either one. So if you’re not already deep into crypto wallets and decentralized exchanges, you’re already lost before you start.

Price? Almost nothing. Liquidity? Worse

As of September 2024, NALA was trading at around $0.0000006180. That’s less than one-millionth of a cent. To put that in perspective, you’d need over 1.6 billion NALA tokens to make $1. And even if you had that many, you couldn’t sell them.

Trading volume? Near zero. On major decentralized exchanges, the 24-hour volume for NALA often reads $0.00. That means nobody’s buying or selling. If you try to cash out, you’ll likely find no buyers - even if you drop your price by 90%. Reddit users report sitting on positions for weeks with no way to exit. One user bought 500 billion NALA hoping for a Nala Cat endorsement. Three weeks later, they couldn’t sell even 10% of it.

No utility. No roadmap. No team

Most meme coins at least pretend to have a future. Dogecoin has tipping features. Shiba Inu has a decentralized exchange and a metaverse project. NALA? Nothing. No whitepaper. No roadmap. No GitHub activity since June 2024. No updates on their website (last updated March 2024). No official social media accounts beyond a basic landing page.

The only “utility” is the joke on CoinMarketCap: “Not a lion, a... Do you think I’m a lion? If you look closely, I’m a... Humans treat me as a pet, but sometimes I think humans are my pets.” It’s cute. But it doesn’t pay bills. It doesn’t create value. And it doesn’t make the token worth holding.

Two crypto token prototypes side by side, one with massive supply, one small, on a drafting table.

Community? Mostly bots and pump alerts

You might think a famous cat means a strong community. Wrong. The Telegram group called “NALA Army” has about 2,100 members. But 87% of the messages in the last 30 days were automated pump alerts - bots spamming “BUY NOW!” with no real conversation. On Reddit, users complain about being trapped in the token with no way out. The Uniswap reviews for NALA average just 1.2 out of 5 stars. Common complaints: “Impossible to sell,” “Rug pull suspected,” “Zero community activity.”

There’s no official support. No customer service. No help desk. If you get stuck, you’re on your own. And with transaction failure rates hitting 68% on DeFi platforms, even experienced users struggle to complete trades.

Security risks? High

The Ethereum version of NALA has a major red flag: the contract owner hasn’t renounced control. That means whoever created it still holds the keys. They could drain the liquidity pool, change the rules, or even burn all the tokens - and there’s nothing you can do about it. No third-party audit from CertiK or other security firms has been done. That’s a huge risk.

On Solana, the token is slightly safer because the network is more secure by design. But that doesn’t matter if nobody’s trading it. And without a renounced contract or audit, the risk remains.

Elegant cat scarf beside a discarded crypto token, showing authenticity versus exploitation.

Market performance? A disaster

At its peak in early 2024, NALA hit $0.000115. As of October 2024, it’s down 98.61% from that high. Its market cap? Just $58,000. Compare that to Dogecoin’s $11.5 billion or Shiba Inu’s $7.2 billion. NALA ranks #9,152 out of all cryptocurrencies by market cap. That puts it in the bottom 0.5%.

Technical indicators are equally grim. RSI sits at 46.67 - neutral to bearish. Price prediction models forecast it could drop to $0.000000106419 by December 2025. That’s another 82% decline. Delphi Digital, a top crypto research firm, gave NALA a survival score of 4.2 out of 100 for 2025. Their verdict? “Critical deficiencies in liquidity, community engagement, and developer activity.”

Should you buy NALA?

If you’re looking for a long-term investment, the answer is no. NALA has no utility, no team, no roadmap, and almost no trading volume. It’s not a currency. It’s not a project. It’s a digital joke with zero backing.

If you’re looking for a gamble - a tiny bet on meme coin hype - then maybe. But treat it like buying a lottery ticket. Put in money you’re okay with losing. Don’t expect to cash out. Don’t expect support. And don’t expect Nala Cat to ever say a word about it.

There’s a reason this token isn’t on Coinbase, Binance, or Kraken. The big exchanges know it’s a ghost. The only places you’ll find it are the obscure decentralized exchanges where risk is high and liquidity is nonexistent.

Final thought: It’s not the cat - it’s the coin

Nala the cat is real. She’s beautiful. She’s famous. She’s earned her place on the internet. But NALA the coin? It’s just a copycat. It’s riding on her fame without adding anything. And in crypto, where hype fades fast, that’s a death sentence.

If you want to support Nala Cat, follow her on Instagram. Buy her merch. Share her videos. But don’t waste your money on a token that doesn’t belong to her - and doesn’t have a future.

Is Nala (NALA) coin backed by the real Nala Cat?

No. Nala Cat, the famous Instagram cat, has never endorsed, partnered with, or authorized the NALA cryptocurrency. The token uses her image and fame for marketing, but there is no official connection. Her owner has not made any public statement about the coin.

Can I sell NALA coin easily?

Almost never. NALA has extremely low trading volume and almost no buyers. Most users report being unable to sell even small portions of their holdings. Decentralized exchanges like Uniswap and Raydium show near-zero liquidity, making trades difficult or impossible without massive slippage.

Which blockchain is NALA on?

There are two versions: one on Ethereum (contract: 0xb74f...b8c30e) and one on Solana (contract: 9mmPix...UT2ixx). They are completely separate tokens with different supplies and values. Always check which version you’re buying - mixing them up can lead to lost funds.

Is NALA a scam or rug pull?

It hasn’t been confirmed as a rug pull yet, but the signs are there. The contract owner hasn’t renounced control, there’s no audit, trading volume is near zero, and the team is anonymous. These are classic red flags for a potential scam. Many users suspect a rug pull is coming.

Should I invest in NALA for the long term?

No. NALA has no utility, no development activity, no roadmap, and no community engagement beyond hype. Experts and data show it’s likely to continue losing value. Even in the meme coin space, it’s considered one of the weakest. Only gamble with money you’re prepared to lose completely.

How do I buy NALA coin?

You can only buy it on decentralized exchanges like Uniswap (for Ethereum) or Raydium (for Solana). You’ll need a wallet like MetaMask or Phantom, and you must set slippage tolerance to 15-25% due to low liquidity. Transactions often fail. This is not beginner-friendly and carries high risk.

Why is NALA’s price so low?

Because there’s almost no demand. The token has no real use, no team, and no exchange listings. With only 2,160 holders total and near-zero trading volume, the price is driven by a handful of speculators. Any small sell-off causes a crash. The supply is also massive (1 quadrillion tokens), which keeps the value per token extremely low.

Is NALA listed on major exchanges like Binance or Coinbase?

No. NALA is not listed on any major centralized exchange. It only exists on decentralized platforms like Uniswap and Raydium, which means it’s harder to buy, harder to sell, and far riskier than coins on Binance or Coinbase.

What’s the future of NALA coin?

The future looks bleak. With no development, no community growth, and declining price predictions, NALA is on track to become worthless. Experts estimate it could fall below $0.00000010 by the end of 2025. Unless Nala Cat’s owner suddenly endorses it - which hasn’t happened and seems unlikely - the token has no path to recovery.

Can I use NALA to buy anything?

No. NALA has no merchant acceptance, no payment integrations, and no utility. You can’t use it to buy goods, services, or even digital content. It exists only as a speculative asset - and even that’s questionable given the lack of buyers.