First Cat Coin Listing On Binance Spot, Is Catslap Next?

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As a seasoned crypto investor with a penchant for cat-themed meme coins and a soft spot for humor, I find myself intrigued by the recent developments at Binance Spot. The listing of Simon’s Cat, or $CAT as it’s known in our crypto circles, has certainly caught my attention. With its multi-chain presence on BNB Chain and Solana, it presents an interesting opportunity to ride the waves of both these blockchains.

The foremost global cryptocurrency trading platform has debuted a feline-themed meme token, but it’s not called Popcat.

On Tuesday, Binance Spot is planning to debut the popular animated series, Simon’s Cat, alongside a fresh meme token named Pudgy Penguins (PENGU).

 

📢 Binance is thrilled to share that $CAT (Simon’s Cat Meme) and $PENGU (Pudgy Penguins) are coming up with HODLer Airdrops! You can find the details on the Binance Airdrop Portal within the next 10 hours. Keep in mind, these tokens will also be listed on Binance very soon!

— Binance (@binance) December 16, 2024

 

As I delve into the world of cryptocurrencies, it seems that the fall of the first domino has sparked a wave of anticipation for cat-themed coin listings on Binance. Rumors abound regarding potential listees such as Popcat, Mog Coin, and Catslap, leaving us all eagerly waiting to see which ones will make it onto the platform.

Binance Spot To List Simon’s Cat – How High Can The Meme Coin Go?

Simon’s Cat is establishing itself as a blue-chip meme coin for the 2025 supercycle. 

As a crypto investor, I’m thrilled to share that the CAT coin scored a Binance Futures listing earlier this year. Excitingly, it’s set to debut on Binance Spot next Tuesday!

In addition, it is a meme coin that operates across multiple blockchain networks. Currently, Simon’s Cat stands as a leading project within the Binance Smart Chain, but it recently debuted on Solana this year as well. This dual presence allows it to capitalize on surges in both BNB and SOL, as savvy investors often view meme coins as proxies for their associated blockchains.

Notable cryptocurrency analysts express strong optimism regarding CAT’s growth prospects. Renowned trader Unipcs (also known as “the Bonk guy”) predicts that it may surpass Popcat’s market value within the upcoming months.

In a similar vein, crypto investor Poseidon sold his Ethereum assets and exchanged them for tokens related to Simon’s Cat. This move proved fortuitous given that the price of CAT tokens has surged by approximately 50% since their listing on Binance, leading to an increase in value.

 

You all questioned me yesterday about why I’m selling my $ETH for $CAT,Here’s the answer.

— Poseidon (@CryptoPoseidonn) December 16, 2024

 

It’s widely believed among many that Simon’s Cat might soon become the next meme coin to reach a value of a billion dollars. Given its current market capitalization of only $422 million, there’s still a significant potential for investors who haven’t yet jumped on board to reap substantial profits from this opportunity.

Keep in mind that swing traders need to exercise caution when dealing with CAT’s price fluctuations following its launch on Binance. The meme coin is being introduced on Binance as part of the HOLDer Airdrop initiative. Recipients of the airdrop may choose to cash out their profits, which could lead to a temporary decrease in the token’s value.

Is Catslap The Next Binance Listing?

Catslap (SLAP), a new cat-themed token, is going viral and drawing Binance rumours. 

Inspired by the viral “slapping cat” meme, the token saw an 8,400% rally following its fair launch.

As a crypto investor, I’ve come to realize that CatSlap isn’t your typical meme coin. What sets it apart is its unique deflationary token supply, which stems from routine burn events and a buyback program. This feature distinguishes it from the average coins circulating in the market.

The viral “Slap-to-Earn” game contributes to the deflationary economy by incinerating a predefined number of tokens each time the ‘Slapometer’ hits certain thresholds.

The meme coin enjoys robust backing from its community. To illustrate, the number of people owning it has steadily increased, as well as its social media presence. Moreover, over $2 million in SLAP coins have been locked for staking and are earning an annual percentage yield of 40%, indicating a high level of trust from the community.

The project has recently launched a “Slap-to-Earn” quest, which promises $100,000 USDT for the top 10 slappers and SLAP airdrops to the rest. Unsurprisingly, the challenge is going viral. 

The cost of Catslap temporarily dropped from its record peak following initial investors cashing out their gains. Yet, it’s rebounded from an essential support point, a situation often preceding Binance’s announcement of new listings.

Given that Catslap remains a small-scale meme cryptocurrency currently valued at $21 million, shrewd investors are keeping an interested watch on the potential for substantial profits from this coin.

To illustrate, well-known cryptocurrency trader ClayBro anticipates that the potential gains for SLAP could reach as high as 50 times the initial investment.

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2024-12-17 17:55