lengthy story brief
- Simon’s Cat (CAT) has soared by double digits in two weeks, hitting an all-time excessive and getting merchants’ consideration.
- It’s now the fourth largest coin within the house, with different cash resembling Popcat (POPCAT) and Mog Coin (MOG) additionally seeing vital progress.
new peak
Simon’s Cat (CAT) – Meme coin launched on BNB chain August 22 – have Fairly a powerful efficiency. Its worth elevated by 70% in two weeks, hitting an all-time excessive of $0.00003355 (per CoinGecko’s information) earlier right this moment (September 13).
The coin’s rise is in step with the bullish stance of a number of market observers, a few of whom imagine that “cat season” has but to make big waves within the house. An X consumer claim CAT “is constructing a beautiful natural neighborhood” with over 26,000 pockets holders.
One other kind (utilizing X deal with Unipcs) commend The coin’s ATH predicts it would ultimately change into “a cat that guidelines all of them.”
It’s value mentioning that meme cash have additionally attracted the eye of some main cryptocurrency exchanges. HTX (previously often called Huobi)For instance, introduce CAT/USDT perpetual futures with leverage as much as 50 occasions.
Meow, new everlasting itemizing! #cooperate Add to $CAT/ USDT Perpetual futures commerce lengthy and brief as much as 50x. @SimonsCatMeme
element: https://t.co/VJMCDU1vqI pic.twitter.com/1mdwbR0bxw
— HTX (@HTX_Global) September 13, 2024
These merchandise enable merchants to invest on worth actions with out instantly proudly owning the underlying asset. them designed It’s held indefinitely and requires market contributors to keep up a sure margin degree to maintain the place open.
What about different cat-related memes?
CAT is presently the fourth largest cat-themed meme coin, with a market worth of roughly $220 million. The undisputed chief, Popcat (POPCAT), has almost $650 million in property and its latest valuation has been hovering. it Now It’s buying and selling at round $0.65, which is a 27% improve in comparison with the figures noticed per week in the past.
Some Variety of exchanges offering POPCAT providers Together with Bybit, KuCoin, Crypto.com, Gate.io, and many others. US-based Kraken may even be a part of the pattern, promising Tokens will probably be listed subsequent week.
Different cat-themed meme cash which have seen double-digit worth positive aspects over the previous seven days embrace Mog Coin (MOG), Kittekoin (KOIN) and MANEKI (MANEKI).
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