Simon's Cat has destroyed approximately $24 million of CAT, accounting for 10% of the circulating supply
Foresight News reported that the meme coin project Simon's Cat announced this morning that it had burned 900 billion CAT tokens through the FLOKI's FlokiFi Locker protocol, worth approximately $24 million. This burn action permanently removed 10% of the CAT token supply from circulation.
According to CoinMarketCap market data, CAT is currently trading at $0.000028 USDT, up 6.4% for the day.
