Simon's Cat (CAT) meme coin has shown substantial growth over the past two weeks, hitting a new all-time high.
The New Peak of Simon's Cat
Simon's Cat (CAT) – a meme coin launched on the BNB chain on August 22nd – has shown quite an impressive performance. Its price is up 70% on a two-week scale, hitting a fresh all-time high of $0.00003355 (per CoinGecko’s data). The coin’s jump aligns with the bullish stance of multiple market observers, some of whom believe the 'cat season' is yet to make huge waves in the space. One X user claims that CAT 'is building a lovely organic community,' with wallet holders crossing 26,000.
Popularity on Exchanges
The meme coin CAT also caught the eye of some leading cryptocurrency exchanges. HTX (formerly known as Huobi) introduced CAT/USDT perpetual futures with up to 50x leverage. These products allow traders to speculate on price movements without directly owning the underlying asset. They are designed to be held indefinitely and require market participants to maintain a certain margin level to keep positions open.
Other Cat-Themed Meme Coins
CAT is currently the fourth-largest cat-themed meme coin, with a market capitalization of around $220 million. The undisputed leader, Popcat (POPCAT), has nearly $650 million. Its valuation has also been flying high recently, currently trading at around $0.65, a 27% spike compared to the figure observed a week ago. Other cat-themed meme coins whose prices have risen by double digits in the past seven days include Mog Coin (MOG), Kittekoin (KOIN), and MANEKI (MANEKI).
The Simon's Cat meme coin has reached a new all-time high, while other cat-themed meme coins are also showing significant growth. The attention from major exchanges further boosts the popularity of these tokens.
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