Simon’s Cat has been committed to creating an ecosystem centered around fan needs and participation, emphasizing innovation, practicality, and community ownership. With the launch of the CAT token, the brand successfully connected itself to the Web3 space, creating a new interactive experience that promotes deep engagement from fans.
The astonishing performance in the early days of the token listing
On August 22, 2024, Simon’s Cat token officially launched. Within just 72 hours after its launch, the trading volume of the token on DEX and CEX exceeded $600 million, breaking the trading record on the BNB chain and injecting strong momentum into the entire blockchain ecosystem.
After the launch, the on-chain activity on the BNB chain surged from an average of 4-5% over the past 90 days to 19.8%, peaking at 27.7% within the first week, highlighting the significant impact brought by the CAT token.
Cross-chain collaboration with Solana
Moreover, the CAT token has successfully achieved cross-chain trading through its bridging collaboration with Solana. This initiative significantly enhanced the trading liquidity and market coverage of CAT, allowing it to be traded on both the BNB chain and Solana, further expanding its fan base and market influence.
Rapid expansion of influence
The rapid development of Simon’s Cat token is not limited to the surge in trading volume. According to a report by DeFiLlama, the launch of Simon’s Cat token enabled the BNB chain to surpass Solana in DEX trading volume for three consecutive days, a remarkable achievement given Solana's leading position in the blockchain market.
Seamless integration of Web2 and Web3
The Simon’s Cat token is not just a cryptocurrency project; it successfully integrates the experiences of Web2 and Web3, providing fans with a richer and more interactive experience. This seamless integration enhances fan engagement and promotes the popularization and application of blockchain technology.
Conclusion
Through these significant achievements, the CAT token not only solidified Simon’s Cat's leading position in Web2/Web3 integration but also brought new ways of interaction for the global community. In the future, as blockchain technology continues to develop, Simon’s Cat will keep driving more innovations to lead fans in creating more meaningful interactive experiences in the digital world.