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Cryptocurrency News Articles

Simon’s Cat Memecoin (CAT) Promises to Be the World’s Most Famous

Aug 12, 2024 at 08:23 pm

The Simon's Cat memecoin will be the official token of the popular YouTube channel with the same name.

Simon’s Cat Memecoin (CAT) Promises to Be the World’s Most Famous

The popular YouTube channel Simon's Cat is now venturing into the world of cryptocurrencies with its own memecoin, aptly named CAT. This move is sure to generate a lot of excitement among fans of the channel, which is known for its charming animated videos featuring a mischievous white cat and its owner, Simon.

With over 1.6 billion views on its videos and a massive following across multiple platforms, including 6.3 million subscribers on YouTube, Simon's Cat has become a household name in the realm of pet entertainment. Its games on Apple Store and Google Play have also been downloaded an impressive 20 million times.

The creators of CAT are aiming high, hoping to propel the token to a level that surpasses the combined market capitalization of the top three cat memecoins: POPCAT ($550 million), Mog Coin (MOG) ($482 million), and cat in a dogs world (MEW) ($414 million).

Simon's Cat token (CAT) will be making its debut on the BNB chain with a total supply of nine trillion coins. The presale will offer 17% of the token supply, aiming to raise $4.25 million. The target market capitalization at presale and token launch is set at $25 million.

CAT will be available to the public through the TokenFi Launchpad on August 20th.

But wait, there's more! FLOKI, one of the official partners of Simon's Cat, is offering a special treat to holders of its Viking dog-themed token.

A substantial portion of CAT's token supply (18.5%) has been allocated for FLOKI holders, and the tokens will be airdropped both on-chain and through select crypto exchanges.

To qualify for the airdrop, users must hold at least $50 of FLOKI, and the amount of CAT tokens they receive will be determined based on their FLOKI holdings.

Additionally, the FLOKI Trading Bot on Telegram will also be used to distribute CAT tokens, with 1.5% of the token supply reserved for this channel.

Keep an eye on the FLOKI Community website and CAT's official channels for more details on the airdrop ahead of the grand launch of the Simon's Cat token.

Original source:blockzeit

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