The meme coin SHIRO Neko has experienced a significant surge in market capitalization, reaching an all-time high of approximately $1 billion shortly after its launch. Initially endorsed by the Shiba Inu team, SHIRO Neko's market cap was reported at $300 million shortly after launch, with trading volume hitting $65 million in the first hour. Following a brief pullback, its market cap stabilized around $430 million, making it the fourth largest cat-themed meme coin by market cap. In contrast, another meme coin, Kuro Neko, has a market cap of $300,000. The rapid growth of SHIRO Neko has led to increased interest from investors, with reports of substantial purchases, including a $20,000 market buy and plans for further accumulation. The coin has also gained traction with over 12,000 holders and listings on five exchanges within 24 hours of its launch.