Will CATI become a 100x coin in the future?
Recently, everyone has been discussing the future of cat coin "CATI", and some people think it may be the next 100x coin.
Vitalik's "Only cats" on Wrapcast almost directly named CATI. As Binance's first cat-themed token, CATI's first round of airdrops has distributed 1.5 billion tokens to players, establishing its dominance in the WEB3 game field. In the past week, CATI attracted 127 independent active wallets, an increase of 202%.
With the start of the interest rate cut cycle, CATI has been launched on Binance, Oyi and other leading platforms. Although OK took the lead in launching, Binance delayed it for one hour due to some special reasons. This one-hour time difference allowed many people to seize the opportunity. Although Oyi embraced CATI, the trading depth was still insufficient. A 500,000 order could drive the price up by 10% instantly. Despite the rapid trend, the lack of market depth was also revealed. In comparison, Binance's performance is obviously more exciting.
After the airdrop is over, everyone is more concerned about the second half of CATI's development. Is there still a chance? From my point of view, CATI is essentially a game, and the core of the game is popularity. For common games, popularity and revenue are usually proportional. Although many TON projects have room for growth after listing on Binance, they often have greater downside risks. Although CATI has reached its peak with the help of Binance's traffic, as the popularity fades, the price may also fall.
The popularity of the three MEME coins launched on September 16 has been weakening, and people's attention has begun to turn to CATI, which has also caused the prices of these coins to fall, verifying the market logic of "buy new instead of old".
Looking at CATI again, 69.5% of the tokens have not been unlocked. Even if the price rises briefly, subsequent selling pressure is difficult to avoid. Friends who hold CATI, what are you going to do now? If you are not sure, you can look at the market more and discuss it together.
