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Home»BITCOIN NEWS»Simons Cat Released on BNB During Pumpfun Clone Launch –
BITCOIN NEWS

Simons Cat Released on BNB During Pumpfun Clone Launch –

By Crypto FlexsAugust 23, 20243 Mins Read
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Simons Cat Released on BNB During Pumpfun Clone Launch –
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You may have already seen it. Yesterday, a new meme coin was born from Simons Cat. It is also one of the most popular memes on the internet. Somehow, these guys did it perfectly.

They bought the IP rights to the meme. They first launched on MEXC, Gate, KuCoin and then added liquidity to the pair on the BNB chain.

Boasting massive trading volumes and perhaps the best meme coin trader ever, with over $700,000 invested?

I added an additional $200,000 to the $500,000 I initially prepared.

And I just picked up ~$700k $Cat

The average purchase price is around $100m to $110m.

It may or may not fall further in the short term.Popcat / $Mog / $Mu All from $400m+ to $550m+

$100 million is a steal… https://t.co/41PmNCSSkI

— The Unipcs (aka ‘Bonk Guy’) 🎒 (@theunipcs) August 22, 2024

Yes, Unipcs bought Simons Cat for $700,000 in the market and invested in private sales and pre-sales. Unipcs is also known as Bonk guy, he made over $20,000,000 profit after buying $50,000 Bonk on Bybit, and also made huge profits on all other memes.

Having someone like that publicly buy more of your products is a huge win for a new project and shows what kind of KOL you can attract.

Another thing to note about Simons Cat’s launch is that despite being listed on a very large exchange list, it managed to amass over $135 million in trading volume in just 18 hours. That’s not including exchanges. Amazing!

Explore: 15 Best KYC-Free Cryptocurrency Exchanges in 2024

Will Binance list Simons Cat? It is very possible as they are already showing support!

Binance supports Simon’s Cat. $Cat ) Airdrop $Floki Holder

Binance, the world’s largest cryptocurrency exchange, supports Simon’s Cat / $Cat Airdrop $Floki I am the owner of that platform.

You can read the full presentation here:… pic.twitter.com/23tqY1br92

— FLOKI (@RealFlokiInu) August 20, 2024

Simons Cat was released via the Tokens launchpad. Tokens is a project by Floki.Like Simons Cat, it is also a native feature of Binance Chain.

So the two projects will work together to help each other grow, and the first seeds of this partnership have already been laid.

If you read the TokenFi homepage, Floki holders will receive 18.5% of all airdropped CAT tokens. This is crazy. The scale is large, and the scale that Binance can help with by distributing tokens is even larger.

Also, remember that BNB is also known as Binance Chain, so for Binance to help two chain native projects distribute airdrops through the Binance platform is huge and not something they do often, so this could be a door opener for Simon’s Cat, and a listing would be the biggest thing they can get. With a current market cap of $200 million, there is room for growth.

Discover: New Cryptocurrencies to Invest in in 2024 | Cryptocurrency of the Day

Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes only and does not constitute investment advice. You may lose all your capital.

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