Binance listed Simon’s Cat (CAT) on its spot market as part of its HODLer Airdrop program, sparking speculation about which meme coins could be next.
This development fueled a big price increase, and analysts believe it could push the coins to new heights, potentially wiping out several zeros and attracting much more trading volume.
Intense speculation surrounds which meme coins could be listed next on Binance, with Catslap and Wall Street Pepe rumored to be two standout choices.
Binance HODLer Airdrops adds Simon’s Cat (CAT)
Simon’s Cat has made history as the first cat-themed meme coin listed on Binance. On Monday, Binance announced it would launch Simon’s Cat along with Pudgy Penguins’ new meme coin, Pengu, on the Binance Airdrop Portal.
Simon’s Cat broke the news to its community, celebrating the milestone with “CAT season made history” as it became the first cat coin listed on Binance. This listing caused a pump in CAT’s price, which is now trading at $0.000051, up 47% in the past 48 hours, 25% this week, and 19% this month.
CAT holds a $345 million market cap and a $600 million 24-hour trading volume. Binance will list CAT at 09:00 (UTC) on December 17, 2024, and enable trading with USDT, BNB, FDUSD, and TRY pairs, as stated in the announcement.
Binance has allocated 12.7% of the total CAT supply, or $1.14 billion CAT, for airdrops. These airdrops will go to users who subscribed to Binance’s Simple Earn products with BNB between December 9-12, 2024. Simon’s Cat (CAT) is a BNB Chain-based meme coin inspired by the popular animated series and meme.
The Binance HODLer Airdrop program rewards BNB holders by distributing tokens based on snapshots of their BNB balances. Users qualify automatically by subscribing to Binance’s Simple Earn products, which also give access to Launchpool and Megadrop rewards.
What makes this program unique is its retroactive approach: users don’t need to perform ongoing actions to qualify, just hold and subscribe their BNB. By adding Simon’s Cat, Binance continues to mix meme culture with cryptocurrency innovation, offering exciting opportunities for its BNB holders.
Simon’s Cat: Key developments beyond Binance listing
In addition to being listed on Binance, Simon’s Cat has the advantage of owning the intellectual property (IP) rights to Simon’s Cat artwork. This is especially important since Mark Longo, the former owner of Peanut the Squirrel, sued Binance for “unauthorized use of Peanut’s likeness” on Monday.
Another advantage is that Simon’s Cat is a meme coin native to the BNB chain. With BNB’s $103 billion market cap and a limited meme coin ecosystem, Simon’s Cat has strong growth potential compared to Solana-based meme coins, which face more competition.
With these advantages and the boost from its Binance listing, Simon’s Cat has a promising future. Binance bypassed Popcat and Mog Coin in favor of this higher-potential alternative, following a strategy of listing smaller meme coins with greater promise.
Which new meme coins could be listed on Binance next?
Binance has been listing new meme coins for months and shows no signs of stopping. After its first cat coin listing, a new meme coin, Catslap (SLAP), is creating rumors around Binance.
Catslap is a meme coin based on the viral “slapping cat” meme. After its launch, its price jumped 8,400%, but has since dropped as early buyers took profits. Recently listed on MEXC, it made up 63.43% of its trading volume and hit a new all-time high, sparking hopes for another price rally.
Catslap has strong fundamentals, with a deflationary token supply supported by burn events and a buyback program. Its Slap-to-Earn game also adds to its deflationary model, increasing interest. Catslap offers a 40% staking reward, and 448 million tokens have already been staked.
Now is a good time to buy before the next big move. Investors can buy and stake Catslap tokens through its website for additional rewards. With a small market cap, strong community support, staking rewards, and potential big news, Catslap’s price could easily rise 10x, and with good liquidity, more gains are likely.
A new frog-themed meme coin, Wall Street Pepe (WEPE), is also attracting attention, thanks to its strong community support. This Pepe-style coin has captured the interest of meme coin fans, much like Simon’s Cat.
Wall Street Pepe offers staking rewards with a 44% APY and has raised over $28 million in its presale in just two weeks. Its key feature is an upcoming VIP group for $WEPE holders, offering alpha calls and market insights.
How I sleep knowing Wepe is pumping. 🐸 ⚔️ pic.twitter.com/slowCyxZ0E
— Wall Street Pepe (@WEPEToken) December 17, 2024
Experts are bullish on $WEPE’s potential, with some predicting it could be the next 100x meme coin. Now is a great time to get in early before the price increases in just 17 hours. This presale offers a chance to join the meme coin trend before prices rise.
For those looking to participate in the Wall Street Pepe (WEPE) presale, kindly visit their website wallstreetpepe.com.
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