The memecoin CAT, linked to the internet cartoon character Simon's Cat, is expanding to the Solana blockchain to target its active trading community. Long-term holders of the memecoin BONK on Solana, who have locked their tokens for 12 months, will get early access to CAT through a vault that offers a discounted rate. Solana has become a hub for memecoin activities, with significant trading volumes and fees. CAT's decision to expand to Solana is driven by its popularity among retail traders and the memecoin crowd, as well as its deep support from exchanges. CAT has seen a significant price increase in the past 24 hours and two weeks, along with the broader memecoin rally.
- Content Editor ( coindesk.com )
- 2024-11-18
CAT Token Expands to Solana, Setting Up Long-Term Bullish Move