What is CATCOIN? Launched in 2021, CATCOIN is a cat-themed meme coin project built on BNB Chain. In this article, you can find answers to questions that investors wonder, such as what CATCOIN is, what it offers, what does CATS do and how to get it. As Kriptokoin.com, we have prepared it for you. Let’s take a look at this meme coin, which is derived from a joke about cute cats.
What is CATCOIN?
CATCOIN is a meme coin project running on BNB Chain. The project was launched on November 26, 2021 by a team of anonymous developers. However, they eventually had to abandon the project, as they promised the community some crazy tools they couldn’t deliver. When the original team left the project, the community took its place and terminated the contract. After that, the project started to be managed by the community. The meme coin, which was worth $20 million when it was released, thus made ATH.
Making ATH shortly after taking community management, CATS reached a market capitalization of $70 million. The first thing the new management did was migrate the project to a new smart contract. CATCOIN currently exists as a decentralized, fun and advantageous cryptocurrency managed by the community. The project aims to reward everyone who holds the token while offering additional benefits with its NFT collection.
What does CATCOIN offer?
CATCOIN has a hybrid DAO model. In this model, developers and the community decide together. In other words, users can directly participate in the management of the project. However, the platform charges 5% tax on every transaction. 2% of this 5% tax, which covers various costs such as transaction fees, is distributed to token holders. CATCOIN also has two NFT collections. These NFTs, which can be purchased with the utility token, provide various benefits to the users. The project is also working on interactive cryptocurrency games where these NFTs can be used.
What is CATS? What does it do?
CATS, a cryptocurrency created with the BEP-20 smart contract, is the utility token of the CATCOIN project. With this token, users can profit from the high volatility provided by their meme coin holdings. But high profits can also mean big losses. Apart from that, CATS can be used in transaction fees paid for trading inside CATCOIN. Currently, CATS is changing hands at $0.00000000965, with a market capitalization of $925,000.
What is CATCOIN? How to get CATS?
CATCOIN is currently listed on cryptocurrency exchanges such as BKEX, CoinTiger, PancakeSwap, and DODO. Investors who want to buy CATS need to become a member of one of these exchanges and verify their membership. Users can then purchase the token by depositing an asset in their wallet that matches CATS parities.
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