Sharkcat (SC) Meme Coin: Definition, History and Today's Price

Bittime - In the world of cryptocurrency, memecoins have become a phenomenon that has attracted the attention of many investors and digital asset enthusiasts. One of the memecoins that is currently on the rise is Shark Cat (SC), a Solana-based token inspired by the popular meme of a cat wearing a shark hat. 

What is a Shark Cat (SC)?

Shark Cat is a memecoin project launched on the Solana network, featuring a cute cat character with a shark hat as its main mascot. The project is completely led and developed by a global community dedicated to increasing sentiment and adoption of this token. 

History and Development of Shark Cat

Launched in April 2024, Shark Cat quickly caught the attention of the crypto community thanks to its unique approach that combines humor and internet culture. At its peak in the same month, SC price reached an all-time high of $0.2474. 

However, Shark Cat's journey was not always smooth. In May 2024, a legal dispute occurred regarding the use of the cat image as the token's mascot. Luckily, the problem was resolved through a licensing agreement with the original owner of the image, so Nala, a famous cat on social media, officially became the face of Shark Cat.

Also read: What is MegaETH Airdrop and How to Join?

Shark Cat (SC) Latest Price

As of March 26, 2025, Shark Cat price was around $0.001731, with 24-hour trading volume reaching $1,338,342. This price shows a decrease of around 18.7% compared to the previous week. 

Factors Affecting Shark Cat Prices

Several factors that influence SC price fluctuations include:

• Market Sentiment: As a memecoin, SC's price is heavily influenced by trends and sentiment of the crypto community as a whole.
• Project Development: Innovations and updates in the Shark Cat ecosystem may increase investor interest.
• Regulations: Changes in government policies regarding cryptocurrencies may affect the price and adoption of SC.

How to Buy Shark Cat (SC)

SC can be traded on various crypto exchanges, both centralized and decentralized. Some popular platforms for buying and selling SC include LBank, Raydium, and Meteora. 

Also read: Get to know ChainSwap Token (CSWAP) and its Roadmap

Conclusion

Shark Cat (SC) is a Solana-based memecoin that combines elements of humor and community in the crypto ecosystem. Despite experiencing significant price fluctuations since its launch, SC continues to attract attention as a digital asset with growth potential, especially for those interested in community-based projects and internet culture.

FAQ

1. What network does Shark Cat (SC) run on?

Shark Cat (SC) runs on the Solana blockchain network.

2. Where can you buy Shark Cat (SC)?

You can buy SC on crypto exchanges such as LBank, Raydium, and Meteora.

3. Is Shark Cat (SC) safe for investment?

As a memecoin, SC has high volatility. Make sure to always do research before deciding to invest.

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Check the exchange rate BTC to IDR, ETH to IDR, SOL to IDR and other crypto assets to find out today's crypto market trends in real-time on Bittime.

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Reference

Crypto Slate, Shark Cat, accessed March 26, 2025.

Author: MF