LUCKNOW (CoinChapter.com) – The crypto area is crammed with a well-liked array of themed tokens. Just lately, the dog-themed DOGS meme coin was launched and, following DOGS’ reputation, Telegram’s Cats (CATS) meme coin can be beneath the favored meme coin umbrella. A number of meme cash with ticker image “CATS” can be found on the market. This overview takes a have a look at all the meme coin CATS tokens on the market on the crypto market.
Cats (CATS) — Telegram’s Meme Coin
Cats (CATS) is a meme coin based mostly on the Telegram’s Ton blockchain. In contrast to many different meme cash, CATS supplies distinctive worth by rewarding Telegram customers based mostly on their account age and exercise degree. The CATS token airdrop provides a easy manner for Telegram customers to say tokens based mostly on their engagement on the platform. The challenge has over 5.09 million subscribers and greater than 7.5 million CATS holders, with holder numbers being pushed by Telegram airdrops. The latest itemizing of CATS on the Bitget pre-market platform has added to its credibility and publicity.
Furthermore, the airdrop has been lively for 47 days, and with extra change listings anticipated, the token’s market attain is about to develop. Presently, buying and selling for the CATS token is locked, however withdrawals might be out there after its official launch in Q3 of 2024.
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Lolcat (CATS) Coin
Lolcat is a meme coin that seeks to mix humor and neighborhood engagement to create worth within the cryptocurrency market. The official web site and its lively Twitter account present some insights into the challenge’s objectives and actions. The coin is constructed on the Base blockchain, a layer 2 resolution on Ethereum, which provides improved scalability and decrease transaction charges.
Lolcat has an lively neighborhood, as evidenced by its Telegram channel, which helps in constructing a way of neighborhood across the coin. On CoinMarketCap, Lolcat coin has a market cap of $350,095, a price of $0.076999, and a each day buying and selling quantity of $1.03 million. These metrics point out a comparatively engaged neighborhood and a few degree of speculative curiosity.
Nonetheless, like many meme cash, Lolcat’s success largely depends upon neighborhood hype and sentiment fairly than any intrinsic utility. Moreover, the token has a circulating provide of 5 trillion cats, which might result in inflationary pressures. Above all, whereas the crew behind Lolcat has created a vibrant ecosystem, the dearth of a transparent roadmap or use case limits its long-term viability.
Cats (Ordinals) (CATS)
The “cats” meme coin beneath the Ordinals protocol is an uncommon entry within the CATS-themed coin market. Notably, in contrast to most different meme cash, it makes use of the BRC20 commonplace, a protocol related to Bitcoin. This offers it a singular positioning amongst meme cash, because it makes use of the sturdy security measures of the Bitcoin community.
The present price for the “CATS” coin is $0.001398, with a market capitalization of $2.73 million and a 24-hour buying and selling quantity of $88,577. The buying and selling chart shows excessive volatility, which may deter extra risk-averse traders.
A significant draw back to this coin is the distinct lack of an official web site or whitepaper, which raises regarding questions on transparency. The absence of complete data makes it troublesome for potential traders to evaluate the challenge’s safety, legitimacy or long-term viability.
Catcoin (CATS) Token
Catcoin is without doubt one of the extra structured and developed initiatives within the CATS meme coin area. It operates on the Binance Sensible Chain and provides an in depth official web site, a complete whitepaper, and an array of neighborhood engagement platforms, together with Twitter, Reddit, and Telegram. CertiK, a blockchain safety agency, audit this challenge. Primarily, these sources exhibit credibility that many meme cash lack.
Catcoin token presently trades at $0.095057 with a market cap of $505,401 and a each day buying and selling quantity of round $1,232. It lately underwent a contract migration from v1 to v2.
Catscoin (CATS)
The Catscoin token operates on the Solana blockchain. It distinguishes itself by leveraging some great benefits of Solana’s excessive throughput and low transaction charges. Helpfully, the coin’s official web site and whitepaper present an introduction to the challenge. Moreover, Catscoin’s particulars are additionally out there on Solana’s chain explorer.
Presently priced at $0.00001822, Catscoin has a market cap of $19,204 and a each day buying and selling quantity of $446.
Notably, Catscoin’s market exercise is minimal, making it a extremely speculative asset with high-risk publicity to market manipulation. Moreover, the totally diluted market cap of cats token is low at $18,222.
Above all, the crypto meme coin market is usually a daunting place. Hopefully, this overview has supplied some clarification and helpful background in case your coronary heart, and pockets, lie with cat-themed crypto.