The CATS token is one of the hottest new additions to the meme coin segment which has been quite hot in 2024. Moreover, it is challenging the status quo as a cat-themed meme coin in a segment dominated by dog-themed meme coins.
CATs has so far attracted more than 10 million holders, as well as 20 million subscribers. Investors have been looking for a new hot and promising following the success of the DOGS token.
CATS token Bitget listing
The hype for CATS token has particularly elevated to new highs more recently, courtesy of its pre-market listing on Bitget. This was the biggest listing so far but it marked a major step in the hopes of more listings on other major exchanges. An outcome that will pave the way for CATS to secure more liquidity and compete more effectively with other meme coins.
The Bitget pre-market listing has triggered more interest in the CATS airdrop which is part of the meme coin’s roadmap. So far the airdrop has attracted significant participation. Note that the token is not available for trading during the presale stage but it will be once the presale ends. This will be followed by an official token launch in Q3 this year.
CATS token has a unique rewards system
Something almost always sets the best projects apart and the same goes for the CATS token. Its approach involves using a reward system for Telegram users. The rewards system is reportedly tied to social activity. There have also been rumors that the meme coin has links to Pavel Durov, Telegram’s founder.
Despite having some uniqueness, the CATS airdrop borrows on the success of the DOGS token. Every telegram user is eligible to receive the airdrop but the number of tokens they will receive is based on various factors such as premium status, user activity, and account age. In case you want to find out your eligibility to the airdrop, you can do so through the CATS bot which gives you Telegram user stats.
The bot can also estimate the number of tokens that you will most likely receive. Additional activities which include small tasks and referrals may also boost the number of tokens that you are eligible to receive.
Must check : Best Meme Coin Presales to Invest
Pricing expectations and demand
The CATS token airdrop is rapidly drawing near, and market experts have tossed in their predictions. The launch price is expected within the $0.00035 and $0.0005 price range. The Bitget listing is expected to encourage listing on other major exchanges. Such an outcome could drive demand and possibly fuel a rally towards the $0.001 price level, and perhaps even higher a few months after launch.
The optimism behind these predictions is largely based on CAT token’s reward system. A strong buzz regarding the project and especially its Telegram ties may pave the way for more popularity, and possibly attract more demand.
The CATS community boasts of a robust user base so far, regardless of market volatility. Preliminary observations suggest that this meme coin is already demonstrating a similar performance to the DOGS meme coin. Its addition to the expanding meme coin segment, especially the cat-themed may further boost its popularity and enhance its potential.
CATS token conclusion
CATS has so far demonstrated the ability to build up value even in its premarket phase. The robust community, as well as its appealing reward system and upcoming listings are already attractive features. This means it is already off to a healthy start but it remains to be seen how it will perform once it is officially launched. This is one of the latest meme coins that have potential to join the top meme coins. Note as always, this information does not constitute financial advise and is mainly for educative purposes.