Almost forgot that this cat, Simon’s Cat, has been listed on Binance Spot for 5 days now, with the current price at 0.0000385u (Binance will display it as 0.0385u because Binance uses 1000CAT), corresponding to a circulating market capitalization of 260 million USD. Is this market cap currently overvalued or undervalued?

Here is a market cap comparison chart for $CAT for everyone’s reference, taking some already listed memes on Binance and some popular memes as comparison objects.