PANews reported on August 9 that Floki announced that it will launch the CAT token of the well-known cat brand Simon’s Cat on TokenFi Launchpad on August 20. Simon’s Cat tokens will be launched exclusively on the BNB chain with a total supply of 9 trillion $CAT. The token distribution includes: 30% to pre-sale investors, 18.5% for airdrops to $FLOKI holders, 1.5% for Floki Trading Bot airdrops, 10% to Simon’s Cat Foundation, 5% for the treasury, 5% for community growth, 5% for market makers, and 25% for liquidity and locked on the day of launch. The pre-sale raised $4.25 million and the token’s market value at listing is $25 million.
As previously reported, animated cat brand Simon’s Cat is working with Floki, BNB Chain, and DWF Labs to launch a meme coin.