The popular Simon’s Cat meme coin has seen an impressive price surge, shooting up 45% this week and another 8% in the last 24 hours alone! 💥
😺 Simon’s Cat Takes Off After Big Listings!
Major crypto exchanges have thrown their support behind this soaring token, sparking a rapid price surge. Bybit announced a new perpetual contract for $CAT, allowing traders to use up to 12.5X leverage—a move that’s been widely praised across the industry.
These listings and support from major exchanges often drive prices up, thanks to higher trading volumes and increased visibility. Meme coins like $CAT tend to rally as their community grows with each new milestone. 🌟
Phemex also listed $CAT/USDT as a USDT-margined spot trading pair alongside POL, boosting exposure. "Dear users… at 12:00 UTC on September 13, CAT/USDT will be listed," they announced, much to the excitement of investors.
The exchange also highlighted that it can adjust trading parameters based on market risks and fluctuations. Meanwhile, CoinEx Global revealed that the top $CAT traders will share a $4,500 prize pool, keeping the excitement alive for even more bullish action. 🚀
📈 CAT Price Surge Continues!
The price surge for $CAT is drawing in more bullish investors by the day. With a 45% rise this week, some analysts are comparing the frenzy to the meme coin boom earlier this year, when tokens saw similar explosive growth. Right now, Simon’s Cat is trading at $0.0000342, up another 8% in the last 24 hours! 💸
While some expect the price to cool down eventually, just like other meme coins, the overall market sentiment and potential policy rate changes could impact the asset’s future. However, many holders are still confident that $CAT will continue to grow, and on-chain data shows a brighter outlook for $CAT compared to some other meme coins like DOGS, even with its lower profile. 🌕🔥
The momentum is building, and Simon’s Cat is quickly becoming the next big player in the world of meme coins! #MemeWatch2024 #MemeWatch2024 #Cryptocurrencies #memecoin🚀🚀🚀 #BTC☀
