If you’ve spent any time online in the past decade, chances are you’ve come across the rainbow-trailing, pixelated pop-tart cat known as Nyan Cat. It’s one of the internet’s most iconic memes, and now it has its own token. On August 15, 2025, AscendEX officially listed Nyan Cat (NYAN) under the trading pair NYAN/USDT, giving meme lovers and crypto traders a new asset to explore.
Here’s the thing: this isn’t just another meme coin trying to ride nostalgia. NYAN stands out because of its unusual tokenomics. Ninety percent of all transaction fees go directly to the meme’s original creator, Chris Torres, also known as @PRguitarman. In a crypto space where most meme coins focus only on hype, this one introduces something much more interesting—direct compensation for the artist behind the meme.
Why This Matters
Memecoins usually gain attention for their community-driven hype, but NYAN adds another dimension. For years, creators of viral memes have struggled with copyright, ownership, and fair recognition. While their work spreads across the internet, the financial upside often bypasses them completely. NYAN’s design flips that script by baking royalties into its structure. Every trade not only moves tokens between users but also sends a majority of fees back to the person who made Nyan Cat famous.
This approach could spark an entirely new wave of digital assets that prioritize creators, offering a solution to long-standing copyright challenges in online culture. It’s not just a coin with a cat on it—it’s a test case for how memes and blockchain can intersect in a way that actually benefits artists.
Trading Details
AscendEX made the listing straightforward for traders:
-
Deposits: Opened on August 15, 2025.
-
Trading: Live from August 15, 2025, at 4:00 AM UTC.
-
Withdrawals: Available from August 16, 2025, at 4:00 AM UTC.
With NYAN/USDT already active, early movers are testing the waters. The token is built on the Solana blockchain, known for its speed and low transaction fees, which makes it a fitting home for a fast-moving meme coin. The project’s contract address on Solana is:CMx7yon2cLzHcXqgHsKJhuU3MmME6noWLQk2rAycBAGS
What Makes NYAN Unique
Most meme coins lean into internet humor, but they rarely attempt to solve real-world problems. NYAN’s uniqueness lies in its attempt to tie value creation back to the originator of a meme. This could set a precedent not just for meme culture but for broader intellectual property protection in Web3.
Think about it: if one viral meme can generate a token that rewards its creator, what’s stopping others from doing the same? We could see a future where artists, meme creators, and even digital storytellers tokenize their work, ensuring that every use and trade compensates them directly.
Risks to Keep in Mind
Like any cryptocurrency, NYAN carries risks. AscendEX issued the standard reminder:
“Cryptocurrencies are subject to high market risk and volatility despite high growth potential. Users are strongly advised to do their research as they invest at their own risk.”
That means while the tokenomics are innovative, traders still need to evaluate the fundamentals, monitor liquidity, and stay cautious. Memecoins, by nature, can swing wildly in price depending on community sentiment, market conditions, and viral attention.
The Bigger Picture
The listing of Nyan Cat (NYAN) is more than just another memecoin going live on a major exchange. It’s a cultural experiment at the intersection of blockchain, art, and internet history. By ensuring that the creator benefits directly, it addresses one of the internet’s biggest issues: how artists can actually earn from the work that defines online culture.
For traders, it’s a chance to be part of a project that blends nostalgia with innovation. For creators, it’s a glimpse into a possible future where blockchain can safeguard intellectual property and reward originality. And for the broader crypto community, it’s a reminder that meme culture isn’t just entertainment—it can drive real experiments in how value and credit are distributed online.
As NYAN begins its journey on AscendEX, all eyes are on whether this model gains traction. If it does, we may not just be looking at a fun token with a rainbow cat. We might be witnessing the start of a new era where internet culture and crypto finally align in a way that respects and rewards creators.
FAQ
What is Nyan Cat (NYAN)?
A memecoin on Solana that sends 90% of transaction fees to @PRguitarman, the meme’s creator.
What makes NYAN unique?
It rewards the original artist, aiming to solve copyright issues in meme culture.
Which blockchain is it on?
NYAN is built on the Solana blockchain.
When did trading start on AscendEX?
Trading began on August 15, 2025, at 4:00 AM UTC.
What is the trading pair?
NYAN/USDT.
Where can I learn more?
On the project’s official website and X (Twitter) page.
When were deposits and withdrawals opened?
Deposits opened before trading; withdrawals started on August 16, 2025.
What risks should I know about?
AscendEX warns that cryptocurrencies are highly volatile, so users should research and invest carefully.
Comments