If you’ve seen HODI popping up on crypto TikTok or Telegram groups, you’re not alone. Cat in Hoodie - or HODI - is one of the latest cat-themed meme coins trying to ride the wave of Dogecoin and Shiba Inu fame. But here’s the real question: is it just another funny joke token, or is there something behind it? Let’s cut through the noise and see what HODI actually is, how it works, and whether it’s worth your time - or your money.

What is HODI, really?

Cat in Hoodie (HODI) is a meme cryptocurrency launched in 2024 on the Solana blockchain. Unlike Bitcoin or Ethereum, it doesn’t aim to solve a problem or build infrastructure. Its whole purpose is to be a fun, community-driven token with a cute cat in a hoodie as its mascot. The name “HODI” is a playful twist on the crypto slang “HODL” - which means holding onto your coins no matter what. So right away, you know this isn’t a serious finance project. It’s a meme with a token attached.

It’s not the first cat coin. There’s Nyan Cat, Floki Inu, CatCoin - you name it. But HODI tries to stand out by claiming it’s “OG” - meaning original. Its whitepaper, if you can call it that, says it wants to be the “ultimate cat meme coin.” No technical specs. No real-world use case. Just vibes, a logo, and a promise to build an NFT collection someday.

How does HODI work?

HODI runs on Solana, which is a big deal. Solana can handle 65,000 transactions per second and charges almost nothing to send tokens - around $0.00025 per transfer. That’s why most meme coins now use Solana instead of Ethereum. Ethereum fees can hit $50 during busy times. Solana? You barely notice it.

The total supply of HODI is capped at 1 billion tokens. But here’s the weird part: different sources list different numbers. CoinGecko says 999,939,989. CoinMarketCap says 999,834,914.69577. That’s not a typo. It’s messy. And that’s a red flag. When even the basic math doesn’t add up, you’ve got to ask why.

The smart contract address is real: HodiZE88VH3SvRYYX2fE6zYE6SsxPn9xJUMUkW1Dg6A. It’s been checked by Binance and CoinMarketCap. So technically, the code isn’t hacked. But that doesn’t mean it’s safe. CertiK, a top blockchain security firm, gave it a 4.2 out of 10. Why? Because the contract has known vulnerabilities - like reentrancy bugs - that could let someone drain funds if they find the right exploit.

Price and market performance

As of November 2025, HODI’s price is all over the map:

• CoinGecko: $0.000213
• Binance: $0.000068
• CoinMarketCap: $0.00006927
• Tapbit: $0.000114

Why such a difference? Because HODI trades on tiny decentralized exchanges (DEXs), not big platforms like Coinbase. Each exchange has its own buyers and sellers. So the price jumps around like a ping-pong ball.

Its market cap is only $69,270. For context, Dogecoin is worth over $15 billion. Shiba Inu? $9.8 billion. Even Floki Inu, another cat coin, sits at $482 million. HODI is practically invisible in the crypto world. It’s ranked #4942 out of over 20,000 coins. That’s not just small - it’s barely on the map.

Here’s the kicker: HODI’s all-time high was $0.002388 in May 2024. Today? It’s down 97.1%. If you bought at the peak, you’d need a miracle to break even.

Who’s behind it?

The team behind HODI was anonymous at first. Then they “doxxed” - meaning they revealed their identities. But no one knows who they are. No LinkedIn profiles. No GitHub. No public interviews. No real name attached. That’s not unusual for meme coins. But it’s risky. If the devs vanish tomorrow, your tokens turn to dust. And there’s zero evidence they’ve built anything beyond a website and a token.

The roadmap? A three-page PDF from June 2025. It talks about “NFT integration” and a “merch store.” No dates. No progress updates. No code. Just promises. Meanwhile, the Telegram group has 47 members - down from 120 in June. The Twitter account has 1,842 followers. That’s not a community. That’s a ghost town.

Why is it still trading?

Because people are chasing quick wins. On November 24, 2025, HODI spiked 32.48% in one day. That’s the kind of move that gets shared on Twitter. Traders who bought at the bottom made a killing. But here’s the catch: those same traders sold right after. The liquidity pool - the money that lets people buy and sell - dropped by 80% within hours. That’s classic pump-and-dump behavior.

Users report being unable to sell their HODI. One Reddit user lost $287 because the trade just failed. Another on Trustpilot said she tried 10 times to cash out - and couldn’t. Why? Low liquidity. If only 10 people are buying at any moment, and 100 people try to sell, the price crashes. And you’re stuck.

Trading volume is tiny too. Binance reports $12,129 in 24 hours. That’s less than what a single large investor might move in one trade. The Vol/Mkt Cap ratio is 17%. For comparison, Bitcoin is under 2%. That means HODI’s price is being driven by speculation, not real demand.

Should you buy HODI?

Let’s be clear: HODI is not an investment. It’s a gamble. If you’re thinking of putting money into it, here’s what you need to know:

• Only risk what you can afford to lose. If you lose $100, will it ruin your week? Then don’t do it.
• Never go all-in. Experienced traders say keep meme coins under 0.5% of your total portfolio.
• Use low slippage. Set your trade slippage to 0.5-1%. Higher than that, and you’ll get ripped off.
• Sell fast. If you get a 15-20% gain, take it. Don’t wait for “the moon.” That’s how people lose money.
• Don’t trust the roadmap. No one has delivered on a single promise yet.

There’s no utility. No product. No team you can contact. No real community. Just a cat in a hoodie and a promise.

The bigger picture

HODI exists because the meme coin market is exploding. In 2025, meme coins made up 8.7% of the entire crypto market. But 89% of that value is held by just three coins: Dogecoin, Shiba Inu, and Floki Inu. HODI is fighting for scraps.

Delphi Digital found that 87% of meme coins with a market cap under $100,000 vanish within a year. HODI is at $69,270. That’s not just below the threshold - it’s in the danger zone.

And regulators are watching. The SEC shut down a similar token, CATGIRL, in August 2025 for promising future utility without delivering anything. HODI’s roadmap says “NFTs” and “merch.” That’s exactly the kind of language that triggers regulators. If they come after HODI, your tokens could become worthless overnight.

Final verdict

Is Cat in Hoodie (HODI) a scam? Not technically. The code works. The contract is live. The tokens exist. But it’s a classic case of “no substance, just hype.” It’s a lottery ticket wrapped in a meme.

If you want to play it, fine. But treat it like a $5 lottery ticket - not an investment. Buy a tiny amount. Set a profit target. Get out fast. And never, ever believe the hype.

For everyone else? Skip it. There are better places to put your time - and your money.