Binance listed $CAT on December 17, 2024. As Binance users are interested in the new coins, in this article we will discuss what CAT is and other details about it.
What is CAT coin?
Simon’s Cat is a meme coin inspired by a cartoon character from a popular British children’s TV series of the same name.
The main character is a cat, which is also the character used as the symbol for the coin. What makes Simon’s Cat unique is that the project directly owns the intellectual property rights to the character, giving it a competitive advantage over some other meme coins.
The coin is built on the Binance Smart Chain network, and was launched through the TokenFi IPO platform, where it raised $6.85 million in funding.
Although the coin is classified as a meme coin, it aims to leverage the popularity of Simon’s Cat to promote the adoption of cryptocurrencies in areas such as gaming and more.
CAT Coin Details
Total supply of currency: 9 trillion coins.
Total circulating supply: 8.09 trillion coins (90% of total supply).
Currency economics distribution
27.3% for liquidity and market makers.
17% for public subscription.
13% for private subscription.
15% Airdrop distribution for Floki holders.
12.7% Airdrop Distribution to Binance Users.
10% for the institution.
5% for the treasury.