🚀 Simon's Cat (CAT) memecoin surged 50% after a Binance spot listing, marking it as the first cat-themed token to achieve this. The token's price hit a peak of $0.000067, with trading volumes skyrocketing from $55 million to over $500 million.

- CAT is backed by the popular animated series Simon's Cat, boasting over 20 million followers.

- The token's official IP status offers a legal edge over non-IP memecoins facing potential legal challenges.

- CAT's rise sparks debate: Are IP-backed memecoins the future?

Join the discussion in the comments! What do you think about IP-backed tokens? 🐱