Simon’s Cat has made its paw-some arrival to Binance.
While it may not be as familiar to Asian audience, Simon’s Cat is already a well-established brand in Web 2. Widely known for its humorous animation series on YouTube and books since 2009, the brand has amassed a significant following, with over 6 million subscribers on YouTube and millions of book copies sold worldwide.
To put it in terms Asian audiences might relate to, Simon’s Cat is similar to Garfield, featuring hilarious misadventures and antics between the cat and its owner through books and animations.
Now, Simon’s Cat has made its way into Web3 under the name CAT token. To fund this transition, private CAT sales raised $6.85 million, setting the stage for its entry into the blockchain space.
What would CAT do in Web 3?
The CAT token aims to bridge the gap between the globally recognized Simon’s Cat brand and the Web3 community. Token holders will enjoy rewards, access to exclusive private communities and events, and more. In the future, the CAT token is expected to become usable in various real-world activities and merchs, while also contributing to charitable initiatives, as outlined in its roadmap.
CAT Token Launch and Ecosystem
Although the CAT token officially launched on August 22, 2024, it made an impressive impact in its first 72 hours, reaching a $600 million trading volume. Also,
The launch of $CAT significantly boosted on-chain activity on the BSC Chain, raising it from a 90-day average of 4-5% to an impressive 19.8% within six days, with a peak of 27.7%.
Initially launched on the Binance Smart Chain (BSC), but now the token has since bridged to Solana, making it available on both chains.
Supply and Circulation
CAT has a MASSIVE supply compared to many other projects:
It’s max supply is 9 trillion but the current total supply is 8 trillion.
Circulating supply upon listing will be 6.7 trillion (after a 10% burn).
Token Distribution
The token allocation for CAT is as follows:
12.7% for Binance HODLer Airdrop
10% for Foundation
5% for Treasury
15% for Floki Airdrop
27.3% for Liquidity
13% for Private Sale
17% for Public Sale.
Binance HODLer Airdrop
The Binance HODLer Airdrop continues to be a surprise Christmas treat for users staking BNB in Simple Earn products. For CAT, the airdrop took place between December 9th and 12th for eligible users. To participate in such airdrops, all you need to do is stake your BNB in Flexible or Locked Staking under Simple Earn with no further action required.
Missed Out on CAT? Prepare for Future Airdrops
If you missed the CAT airdrop this time, don’t worry!
Start staking your BNB now to prepare for future HODLer Airdrops, as well as Megadrops or Launchpool opportunities.
Key Takeaway
This month alone, Binance has launched three projects with HODLer Airdrops. By staking more BNB, you not only grow your earnings but also increase your chances of receiving these surprise rewards. Don’t miss out on Binance’s sweet treats!
