Simon's Cat (CAT) Memecoin Receives Fresh Funds from Floki

Bittime - Simon's Cat (CAT) Memecoin received fresh funds from Floki. Making the Simon's Cat (CAT) Memecoin project automatically even more vibrant.

The progressive breakthrough of Floki's Decentralized Autonomous Organization (DAO) was marked by the allocation of $200,000 USDT to purchase CAT tokens.

Floki's large investment in memecoin inspired by the famous animation 'Simon's Cat' presents a positive situation in the crypto world in the aspect of memecoin.

Get to Know Simon's Cat (CAT) Memecoin

What is Simon's Cat (CAT) memecoin?

Simon's Cat Memecoin is a cryptocurrency inspired by the famous animated cat, Simon's Cat. 

Carrying the slogan "ONE CAT, BILLIONS OF OWNERS!", this memecoin is not only present as a digital asset but also as a global movement to help hungry cats around the world.

Simon's Cat (CAT) memecoin carries a social mission in the form of, "SAY NO TO EMPTY BOWLS." 

Every transaction involving Simon's Cat Memecoin directly contributes to feeding cats in need. 

This means that every time you trade this memecoin, you are taking part in real action to help less fortunate cats around the world.

By elaborating on the appeal of a cat character that is loved by many people and a noble cause, Simon's Cat Memecoin is not just a meme, but also a symbol of real concern and action. 

Simon's Cat (CAT) Memecoin Receives Fresh Funds from Floki

After the approval process, 97.72% of the votes in Floki DAO were in favor of this initiative, as a result, Floki DAO will hold CAT tokens as part of the strategic assets in its treasury. 

The investment made by Floki DAO shows Floki's efforts to incorporate popular culture into its growth strategy.

Simon's Cat (CAT) Memecoin Airdrop on Binance, A Collab

Along with the realization of the Floki DAO investment in CAT, Binance immediately expanded its support for the CAT token airdrop aimed at Floki holders on its platform. 

This support significantly improved the market performance of the Floki token, with its value rising nearly 20% this week.

Additionally, the collaboration between Floki DAO, Binance and Simon's CAT aims to increase liquidity and provide added value for Floki token holders, who will receive CAT tokens directly to their Binance accounts.

Binance is committed to supporting the distribution of 900 billion CAT tokens to eligible Floki holders based on the number of tokens held. 

To qualify, users must have a minimum of 400,000 Floki tokens in their Binance account, which currently equates to around $50.

“Binance will conduct an airdrop based on a snapshot that will be taken on August 29, 2024 at 23:59:59 UTC,” said the announcement from Floki DAO.

Distribution Ratio and Positive Impact in the Future

The distribution ratio will be based on the total number of eligible Floki tokens on Binance at the time of the snapshot, ensuring a fair and proportional allocation of CAT tokens to participants.

Additionally, Floki's strategic investment in CAT token reflects the strong synergy between the crypto project and the entertainment brand. 

This kind of collaboration will likely set a trend for future partnerships between digital assets and mainstream entertainment companies.

How to Buy Crypto on Bittime

You can buy and sell crypto assets in an easy and safe way via Bittime. Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti. 

To be able to buy crypto assets at Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application. 

Study Complete Guide How to Buy Crypto on Bittime. 

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