⮕ Simon’s Cat was originally an animated series created by British animator Simon Tofield:
Presented in a hand-drawn and pantomime format, the film tells the story of the daily interactions between a greedy and naughty kitten and its owner Simon. The vivid description of the cat's various "mischievous" behaviors has won it a large number of fans around the world.
It has 12 million subscribers and 1 billion views on Youtube; it also has about 13 million fans on Facebook, Instagram, X, Tiktok and other platforms
So unlike most MEME coins, $CAT had already accumulated a huge number of fans in Web2 before the token was issued, and has a complete commercial operation system through offline books, video images, fan peripherals, IP authorization, etc. The $CAT token is also an attempt by Simon's Cat in the Web3 field.

The recent Simon's Cat (CAT) token airdrop on Binance has captured significant attention from crypto enthusiasts and investors alike.
The distribution mechanism, specifically designed as a HODLer Airdrop, represents a strategic approach to reward long-term token holders and active platform users. This comprehensive analysis examines the market dynamics of the Simon's Cat token, evaluates its fundamental value propositions, and assesses its performance since the airdrop announcement. Understanding these elements proves crucial for investors looking to make informed decisions about their participation in the CAT token ecosystem.
Understanding Simon's Cat Token Fundamentals
Simon's Cat Token (CAT) operates as a BEP-20 token on the BNB Chain with a sophisticated tokenomics structure designed for long-term sustainability. The project launched with a total supply of 9 trillion CAT tokens, implementing a strategic burn of 10% of the initial supply.
The token's distribution structure encompasses multiple stakeholder groups:
Presale Investors: 30% (2.7 trillion CAT)Liquidity Pool: 22.3% (2.007 trillion CAT)FLOKI Airdrop: 15% (1.35 trillion CAT)Binance HODLer Airdrop: 12.7% (1.143 trillion CAT)Simon's Cat Foundation: 10% (900 billion CAT)Treasury and Market Makers: 10% combined
The project has secured significant backing through the BNB Chain Meme Heroes Support Program, receiving $50,000 in liquidity pool support. The current circulating supply stands at 6.75 trillion CAT, representing 75% of the total supply, with projections indicating an increase to 7.89 trillion CAT upon full distribution.
The token's utility extends beyond traditional cryptocurrency functions, incorporating both Web2 and Web3 experiences through mobile games and blockchain applications. The project has demonstrated impressive market performance, achieving over $600 million in trading volume within its first 72 hours of launch. Its impact on the Binance Smart Chain ecosystem has been notable, helping boost BSC activity from a 90-day average of 4-5% to a peak of 27.7%.
Binance HODLer Airdrop Analysis
The Binance HODLer Airdrop for Simon's Cat represents a significant token distribution event, allocating 12.7% of the maximum supply, equivalent to 1.143 trillion CAT tokens. The distribution strategy targets users who participated in Binance's Simple Earn program during a specific timeframe.
The airdrop implementation follows strict eligibility criteria:
Minimum holding of 0.1 BNB in eligible accountsActive subscription to Simple Earn productsComplete account verification (KYC)Residence in eligible jurisdictions
For More Details:https://app.binance.com/uni-qr/cart/17736773550146?r=49665798&l=en&uco=3Q1cb-qrEyGyb4BsgbWwTg&uc=app_square_share_link&us=telegram
Market Performance Assessment
Recent market data reveals Simon's Cat token's remarkable performance in the cryptocurrency space. The token has demonstrated exceptional trading activity with a 1,178.30% surge in 24-hour volume, indicating strong market interest following the Binance listing.
The token's market metrics showcase impressive growth:
Market capitalization reached $406.70 millionSecured position #253 on CoinGecko rankingsAchieved 32.80% price increase over seven daysOutperformed global crypto market's 9.30% rise
The token's fully diluted valuation stands at $488.00 million, suggesting significant growth potential. Trading activity has remained robust, with the token generating $600 million in volume within the first 72 hours post-launch.
Current supply metrics indicate a circulating supply of 6.75 trillion CAT tokens, representing 75% of the total supply. This figure is expected to increase to 7.89 trillion CAT, accounting for 88% of the maximum supply following complete distribution.
The project's market stability is reinforced by substantial liquidity support, including $50,000 from the BNB Chain Meme Heroes Support Program. This backing, combined with strong trading volumes and price performance, positions Simon's Cat as a notable player in the memecoin segment of the cryptocurrency market.
Conclusion
Simon's Cat token has emerged as a notable player in the cryptocurrency market, marked by its successful Binance airdrop implementation and robust market performance. The project's strategic tokenomics structure, allocating 12.7% of the total supply for the HODLer airdrop, demonstrates a balanced approach to token distribution across various stakeholder groups.
The project's sustainability stems from multiple factors:
Strategic token distribution mechanismSubstantial backing through the BNB Chain Meme Heroes Support ProgramStrong liquidity support of $50,000Active trading across multiple currency pairsBalanced circulating supply management
For More Details about the project is: https://www.binance.com/en/research/projects/simons-cat
FAQs
Q1. How does the Simon's Cat (CAT) token airdrop on Binance work? The Simon's Cat token airdrop on Binance is designed as a HODLer Airdrop, rewarding long-term token holders and active platform users. Eligible participants must hold a minimum of 0.1 BNB, have an active subscription to Simple Earn products, complete account verification, and reside in eligible jurisdictions.
Q2. What is the total supply of Simon's Cat (CAT) tokens and how are they distributed? The total supply of Simon's Cat tokens is 9 trillion CAT. The distribution includes 30% for presale investors, 22.3% for the liquidity pool, 15% for the FLOKI airdrop, 12.7% for the Binance HODLer Airdrop, 10% for the Simon's Cat Foundation, and 10% combined for treasury and market makers.
Q3. How has the Simon's Cat token performed since its launch on Binance? Simon's Cat token has shown impressive performance since its launch. It achieved over $600 million in trading volume within its first 72 hours, experienced a 33% rally following the Binance announcement, and has seen a 32.80% price increase over seven days.
Q4. What is the current market capitalization of Simon's Cat token? As of the latest data, Simon's Cat token has reached a market capitalization of $406.70 million, securing a position of #253 on CoinGecko rankings.
Q5. What utility does the Simon's Cat token offer? The Simon's Cat token extends beyond traditional cryptocurrency functions, incorporating both Web2 and Web3 experiences through mobile games and blockchain applications. It also plays a role in boosting activity on the Binance Smart Chain ecosystem.

#cat $1000CAT

NOTE: $1000CAT has been listed:More details: https://www.binance.com/en/support/announcement/introducing-simon-s-cat-1000cat-and-pudgy-penguins-pengu-on-binance-hodler-airdrops-b60b629a7396476ba3c3391b016074e1

Leveraging the globally cherished Simon’s Cat IP, Simon’s Cat Token ($CAT) brings humor, charm, and beloved characters into the Web3 space. With a strong foundation in the animated web series and books, $CAT creates an engaging and interactive crypto ecosystem while staying true to its roots.

Key Metrics (As of December 16, 2024)

Token Name: CATToken Type: BEP-20Total Supply: 8,099,954,917,916 (90% of max supply)Maximum Supply: 9,000,000,000,000Circulating Supply at Binance Listing: 7,892,954,917,916 (88% of max supply)HODLer Airdrop Allocation: 1,143,000,000,000 CAT (12.7% of max supply)
Token Sales

Private Sale: $2.6M raised at $0.00000222/tokenPublic Sale: $4.25M raised at $0.00000278/token on Floki’s TokenFi launchpadTotal Raised: $6.85M

What is Simon’s Cat Token?

Simon’s Cat Token ($CAT) is the official cryptocurrency tied to the original Simon’s Cat IP and its creator, Simon Tofield. It offers fans a unique opportunity to interact with the brand through engaging Web3 experiences, combining entertainment with rewards.

Mission and Goals

Simon’s Cat Token aims to create a vibrant, fan-driven Web3 community by enabling users to:

Participate in fun interactive experiences like games and apps.Earn rewards for engagement.Enjoy exclusive communities, events, and perks.
Value Proposition

Simon’s Cat Token blends the charm of its traditional IP with Web3 innovation:

Hybrid Experiences: Access to mobile games, Telegram apps, and special perks.Real-World Impact: Merchandise, events, and campaigns that bring Simon’s Cat to life.Global Reach: Recognized and trusted IP, making Web3 more approachable and enjoyable.
Project Highlights

Launch Date: August 22, 2024Trading Volume: Surpassed $600M within 72 hours of launch across DEXs and CEXs.On-Chain Activity Boost: Increased BSC Chain’s activity from an average of 4-5% to 19.8% within six days, peaking at 27.7%.Multichain Expansion: Now available on both BSC Chain and Solana.

Binance HODLer Airdrop Details

Binance HODLers can claim 1,143,000,000,000 CAT tokens (12.7% of max supply). Benefits include:

Exclusive airdrops and rewards.Voting and participation in community-driven initiatives.Access to Simon’s Cat-themed experiences both online and offline.

HODL and earn rewards by staking BNB with Binance’s Simple Earn feature! ✨

Why Choose Simon’s Cat Token ($CAT)?

Simon’s Cat Token is more than a memecoin—it’s a cultural bridge between the digital and physical worlds. With its combination of a globally recognized brand, an engaged fanbase, and innovative Web3 interactions, $CAT offers a playful yet rewarding entry into crypto.

Join the movement and stay tuned as Simon’s Cat continues to redefine fandom and fun in the Web3 space!

#CAT #Airdrop

Binance is excited to announce the 4th and 5th projects on the HODLer Airdrops Portal - Simon's Cat (1000CAT) and Pudgy Penguins (PENGU). Users who subscribed their BNB to Simple Earn products from 2024-12-09 00:00 (UTC) to 2024-12-12 23:59 (UTC) will get the airdrops distribution. The HODLer Airdrops information is estimated to be available in 12 hours, and the new token will be distributed to users’ Spot Wallet 1 hour before trading starts.
Binance will then list 1000CAT at 2024-12-17 09:00 (UTC) and open trading against USDT, BNB, FDUSD, and TRY pairs. The seed tag will be applied to 1000CAT.
Binance will then list PENGU at 2024-12-17 14:00 (UTC) and open trading against USDT, BNB, FDUSD, and TRY pairs. The seed tag will be applied to PENGU.

1. What is Pudgy Penguins?
Pudgy Penguins has over 50 billion views on social, has products in millions of homes around the world, and has one of crypto's strongest communities. 
Project Mission & Value Proposition?
Project missionTo grow the Pudgy Penguins community and build a community of people that resonate with the character and brand and are a beacon of memetic culture, a bastion of good vibes, and people that want to signify their role in the historic underdog story of Pudgy Penguins. Value PropositionThe token has no utility associated with it as it is simply a way for people to join the Pudgy Penguins community. The Pudgy Penguins brand will continue to break barriers with consumers through different retail, content, gaming, and social initiatives. Token Distribution:Token Release Schedule:2. What is Simon's Cat (CAT)?Simon’s Cat Token is the official web2 IP brand coin of Simon’s Cat with IP rights and original creator on the team. Simon’s Cat is a British animated web and book series created by Simon Tofield. It follows the antics of a chubby, perpetually hungry white cat who employs a variety of humorous tactics to get his owner to feed him. Project Mission & Value Proposition?Project mission:The vision for Simon’s Cat Token is to leverage the globally beloved Simon’s Cat brand to create a fan-driven Web3 community. CAT offers fans an innovative way to engage with the brand through interactive experiences, earning rewards, and gaining exclusive access to private communities and events.Value Proposition:By integrating hybrid Web2/Web3 experiences, such as mobile games, Telegram apps, and exclusive perks, CAT maintains the playful essence of Simon’s Cat while introducing new, engaging opportunities for fans. The roadmap further emphasizes real-world initiatives, including themed merchandise, events, and charitable campaigns, bridging the digital and physical realms.With a trusted intellectual property and a global audience, Simon’s Cat Token aims to make Web3 both fun and accessible. Its mission is to create a community-driven ecosystem that provides meaningful value to fans while fostering a positive real-world impact. Project Key HighlightsCAT launched on August 22, 2024 and within 72 hours amassed a volume of over $600M across DEX and CEX$CAT’s launch skyrocketed BSC Chain’s on-chain activity from a 90-day average of 4-5% to 19.8% over six days, peaking at 27.7%CAT recently bridged to Solana, making it tradable on both BSC Chain and Solana Token Distribution:
How to participate on Binance HODLer Airdrops
Binance HODLer Airdrops is a program that rewards BNB holders with token airdrops based on historical snapshots of their BNB balances. By subscribing BNB to Simple Earn, users are automatically eligible for HODLer Airdrops (as well as Launchpool and Megadrop rewards).
Unlike other earning methods that require ongoing actions, HODLer Airdrops reward users retroactively, offering a simple way to earn additional tokens. By subscribing BNB to Simple Earn products, users can automatically qualify for token rewards.
Benefit from HODLer Airdrops
Head to [Earn] and search for BNB. Subscribe to Simple Earn products (Flexible and/or Locked) with your BNB holdings.Snapshots of user balances and total pool balances will be taken multiple times at any point of time each hour to get users’ hourly average balances in Simple Earn products (Flexible and/or Locked). Binance will use historical snapshots of user balances at random periods after this announcement to calculate user rewards. For example, reward calculation for HODLer Airdrops on 2024-06-11 may use snapshots of user balances between 2024-06-01 to 2024-06-07 as reference.Eligible users will receive HODLer Airdrops rewards in their Spot Wallets within 24 hours after the HODLer Airdrops is announced. 
1000CAT HODLer Airdrops Details
Token Name: Simon's Cat (CAT)Total Token Supply: 8,099,954,917,916 CATMax Token Supply: 9,000,000,000,000 CATHODLer Airdrops Token Rewards: 1,143,000,000,000 CAT (12.7% of max token supply)PENGU HODLer Airdrops DetailsToken Name: Pudgy Penguins (PENGU)Total Token Supply: 88,888,888,888 PENGU Max Token Supply: 88,888,888,888 PENGU HODLer Airdrops Token Rewards: 2,666,666,666.64 PENGU (3% of total token supply)#binanceairdrop #binancelaunchpool #pengu #CAT

Simon’s Cat ($CATI ) token embodies a seamless fusion of Simon Tofield's globally recognized animation brand with the growing Web3 landscape. This initiative brings the beloved Simon’s Cat character, adored by over 1.8 billion YouTube viewers and 28 million social media fans, into the blockchain space. The brand, which has expanded through books, merchandise, and mobile games, is now innovating with a unique digital token to connect with its massive fanbase like never before.

What is $CAT?
Launched in September 2024, Simon's Cat ($CAT) leverages blockchain technology with a user-friendly hybrid approach, bridging Web2 and Web3 ecosystems. This strategy introduces fans to cryptocurrency while offering exclusive rewards, interactive features, and charity-focused initiatives supporting animal welfare. The token fosters deeper fan connections by integrating blockchain tools into everyday experiences.

By merging physical and digital interactions, $CAT creates a dynamic, inclusive ecosystem for fans to engage with the Simon’s Cat brand while gaining exposure to blockchain innovations. It simplifies blockchain adoption by making technology accessible to the Simon’s Cat community while emphasizing the core values of entertainment and community engagement.

Key Information About $CAT:

Project Name: Simon’s Cat

Token Symbol: CAT

Supported Blockchains: BNB Chain and Solana

BNB Address: BNB Scan

Solana Address: SolScan

Development Journey

Simon’s Cat has focused on building a fan-first, immersive ecosystem emphasizing simplicity, innovation, and shared community ownership. Key milestones include:

🔥 Token Launch Success:
The $CAT token debuted on September 5, 2024, recording over $640 million in trading volume on centralized and decentralized exchanges within its first 72 hours—setting a new trading milestone on the BNB Chain.

🔥 Increased Network Activity:
Post-launch, $CAT fueled BNB Chain’s on-chain activity, surging from an average of 4.8% over 90 days to an impressive 20.5% within its first week, peaking at 28.2%. This exceptional growth has helped sustain higher activity levels.

🔥 DeFi Trading Records:
Reports from DeFiLlama highlight that $CAT’s debut elevated BNB Chain’s decentralized trading volume, surpassing Solana for three consecutive days during the launch—a noteworthy accomplishment in the competitive DeFi landscape.

🔥 Massive Exchange Listings:
$CAT is now available on over 45 major exchanges, including Binance, OKX, Bybit, Kraken, KuCoin, Gate.io, and others, significantly increasing its liquidity and market presence.

🔥 Engaging Fans with Simon’s Cat Fun Time:
The official Telegram-based mini-app “Simon’s Cat: Fun Time” has garnered over 3.2 million users within weeks of its launch, offering fans a playful yet rewarding experience within the community.

🔥 Cross-Chain Expansion:
$CAT recently integrated with Solana, enabling cross-chain trading and expanding liquidity, enhancing accessibility for a broader audience.

Tokenomics and Airdrop Program

Total Supply: 8,200,000,000,000 CAT

Maximum Supply: 9,100,000,000,000 CAT

Airdrop Allocation: 1,200,000,000,000 CAT (13.2% of max supply)

Circulating Supply: 6,850,000,000,000 CAT (75% of total supply)

Projected Circulating Supply at Binance Listing: 7,950,000,000,000 CAT (87.4% of max supply)

The Binance HODLer Airdrop Program offers passive rewards to token holders who hold BNB in Flexible or Locked Savings on Binance. This feature enables long-term holders to earn additional $CAT tokens without actively staking or trading, making it an attractive option for those seeking steady passive income.

Future Vision

Simon’s Cat is shaping a robust Web3 ecosystem that combines fan engagement with blockchain utility. Whether you’re holding for rewards or exploring innovative tokenomics, $CAT represents a leap forward in blending mainstream brands with the decentralized world.

With its ongoing expansion across blockchains and platforms, Simon’s Cat ($CAT) remains committed to delivering meaningful, community-driven experiences for its fans and investors.

#Catcoins #Binancecathodler #CAT

Simon’s Cat has made its paw-some arrival to Binance.
While it may not be as familiar to Asian audience, Simon’s Cat is already a well-established brand in Web 2. Widely known for its humorous animation series on YouTube and books since 2009, the brand has amassed a significant following, with over 6 million subscribers on YouTube and millions of book copies sold worldwide.
To put it in terms Asian audiences might relate to, Simon’s Cat is similar to Garfield, featuring hilarious misadventures and antics between the cat and its owner through books and animations.
Now, Simon’s Cat has made its way into Web3 under the name CAT token. To fund this transition, private CAT sales raised $6.85 million, setting the stage for its entry into the blockchain space.

What would CAT do in Web 3?
The CAT token aims to bridge the gap between the globally recognized Simon’s Cat brand and the Web3 community. Token holders will enjoy rewards, access to exclusive private communities and events, and more. In the future, the CAT token is expected to become usable in various real-world activities and merchs, while also contributing to charitable initiatives, as outlined in its roadmap.

CAT Token Launch and Ecosystem
Although the CAT token officially launched on August 22, 2024, it made an impressive impact in its first 72 hours, reaching a $600 million trading volume. Also,

The launch of $CAT significantly boosted on-chain activity on the BSC Chain, raising it from a 90-day average of 4-5% to an impressive 19.8% within six days, with a peak of 27.7%.

Initially launched on the Binance Smart Chain (BSC), but now the token has since bridged to Solana, making it available on both chains.

Supply and Circulation
CAT has a MASSIVE supply compared to many other projects:
It’s max supply is 9 trillion but the current total supply is 8 trillion.
Circulating supply upon listing will be 6.7 trillion (after a 10% burn).

Token Distribution
The token allocation for CAT is as follows:
12.7% for Binance HODLer Airdrop 10% for Foundation5% for Treasury15% for Floki Airdrop 27.3% for Liquidity13% for Private Sale17% for Public Sale.

Binance HODLer Airdrop
The Binance HODLer Airdrop continues to be a surprise Christmas treat for users staking BNB in Simple Earn products. For CAT, the airdrop took place between December 9th and 12th for eligible users. To participate in such airdrops, all you need to do is stake your BNB in Flexible or Locked Staking under Simple Earn with no further action required.

Missed Out on CAT? Prepare for Future Airdrops
If you missed the CAT airdrop this time, don’t worry!
Start staking your BNB now to prepare for future HODLer Airdrops, as well as Megadrops or Launchpool opportunities.

Key Takeaway
This month alone, Binance has launched three projects with HODLer Airdrops. By staking more BNB, you not only grow your earnings but also increase your chances of receiving these surprise rewards. Don’t miss out on Binance’s sweet treats!
#CAT #SimonsCat #BinanceSquareFamily

Simon’s Cat Token (

) embodies a seamless fusion of the world-renowned animation brand Simon Tofield with the growing landscape of Web3. This initiative brings the beloved character Simon’s Cat, adored by over 1.8 billion YouTube viewers and 28 million social media fans, into the blockchain space. The brand, which has expanded through books, merchandise, and mobile games, is now innovating with a unique digital token to connect with its vast fan base like never before.

Simon’s Cat is a world-famous cat animation series and an immensely popular cat meme. With over 1.6 billion video views on its official YouTube channel and many more views across other channels and social networks, the Simon’s Cat memecoin is set to undoubtedly become the world’s most famous and popular cat memecoin.

Here is a quick overview of the mainstream reach Simon’s Cat enjoys:
1.6 billion video views on the official Simon’s Cat YouTube channel.30 million to 60 million views each on several of the most popular Simon’s Cat videos on Youtube and Facebook.9.8 million Facebook fans6.3 million Youtube subscribers.5.4 million Instagram followers.3.5 million TikTok fans and 29 million likes.20 million game downloads on Apple Store and Google Play.A Wikipedia page.
Not only would the above, which shows just how mainstream Simon’s Cat is, make the Simon’s Cat token the most popular cat memecoin (by far!), but several of the above channels will be leveraged to promote the Simon’s Cat memecoin to ensure its success.

Project Key Highlights
CAT launched on August 22, 2024 and within 72 hours amassed a volume of over $600M across DEX and CEX$CAT’s launch skyrocketed BSC Chain’s on-chain activity from a 90-day average of 4-5% to 19.8% over six days, peaking at 27.7%CAT recently bridged to Solana, making it tradable on both BSC Chain and Solana

Token Distribution

1000CAT HODLer Airdrops Details
Token Name: Simon's Cat (CAT)Total Token Supply: 8,099,954,917,916 CATMax Token Supply: 9,000,000,000,000 CATHODLer Airdrops Token Rewards: 1,143,000,000,000 CAT (12.7% of max token supply)Current Circulating Supply: 6,749,954,917,916 CAT  (75% of total supply)Circulating Supply upon Listing on Binance : 7,892,954,917,916 CAT (88% of max token supply)Smart Contract Details: BNB Chain (0x6894CDe390a3f51155ea41Ed24a33A4827d3063D). Please note that both CAT and 1000CAT on the Solana network will not be supported.Research Report: Simon's Cat (1000CAT) (will be available within 24 hours of publishing this announcement)Per User Reward Hard Cap: User’s Average BNB Holding / Total Average BNB Holdings Total HODLer Airdrops Rewards 100% ≤ Total HODLer Airdrops Rewards * 4%

#cat $1000CAT #binance

Binance expanded support for Simon’s Cat (CAT) by including it in multiple trading programs.
The token reacted to the news with a rapid price increase
The Binance-Fueled Pump
The world’s biggest cryptocurrency exchange recently added further support for the meme coin launched on the BNB chain – Simon’s Cat (CAT). First, it included it in its HODLer Airdrops Portal. The program rewards BNB holders with token distributions based on historical snapshots of their balances.
“By subscribing BNB to Simple Earn, users are automatically eligible for HODLer Airdrops (as well as Launchpool and Megadrop rewards),” Binance explained.
The company said it will distribute 1,143,000,000,000 CAT (12.7% of the token’s maximum supply) to lucky users.
Shortly after, Binance listed the meme coin with a seed tag. The exact trading pairs available to users are CAT/USDT, CAT/BNB, CAT/FDUSD, and CAT/TRY. It is worth noting that the seed tag category identifies newly listed and innovative cryptocurrency projects that may carry higher risk and volatility.
Earlier today (December 17), the exchange doubled down on its support for Simon’s Cat, adding it to the Binance Simple Earn, “Buy Crypto,” Binance Convert, Binance Margin, Binance Auto-Invest, and Binance Futures programs. 

Somewhat expectedly, the aforementioned efforts resulted in a massive price spike for CAT. Its valuation soared by approximately 50% on a daily scale, hitting a new all-time high of $0.00006330 (per CoinGecko’s data). In the following hours, the price slightly retraced to the current $0.00005597.

The Previous Support
Binance initially embraced Simon’s Cat in October of this year when it introduced 1000CATUSDT perpetual contracts in its futures program. The offering allows up to 75x leverage and supports the multi-assets mode. In other words, it enables clients to use numerous margin assets such as Bitcoin (BTC) when trading the contract. 
Perpetual contracts let traders bet on the price movements of a certain token without directly owning it. With no expiration date, they can be held indefinitely. While such contracts offer opportunities for significant rewards, the high leverage and constant exposure to liquidation make them inherently risky, especially for inexperienced traders.

#1000cat #cat $1000CAT