🌎 CATS Meme Coin Soars 691% Ahead of Major Exchange Listings

CATS, a meme coin on the TON blockchain, has experienced a significant surge in its price over the past 24 hours, ahead of its listing on several major cryptocurrency exchanges.

Price Surge and Market Performance

CATS has soared by 691%, rising from $0.000067 to an intraday high of $0.00053, according to CoinMarketCap data. At the time of writing, CATS is trading at $0.000223, maintaining a 259% gain within a single day.

The surge in CATS’ value is accompanied by a substantial increase in trading activity. Daily trading volume has grown 13-fold, reaching approximately $267,000, while the token’s market capitalization is around $294.4 million.

Popularity and Community Engagement

The hype surrounding CATS has made the token trend on Google, fueled by its popularity as a Telegram mini-app with millions of active users. It is gaining momentum alongside other Telegram-based games.

Upcoming Exchange Listings

CATS’ price rally is occurring ahead of the meme coin’s listing on multiple exchanges, including Bybit, KuCoin, Bitget, and Haskey, scheduled for Oct. 8 at 10:00 UTC. These listings will enable community members to withdraw the airdropped tokens they received during Season 1 of the project. The airdrop distribution was based on various Telegram account metrics, such as account age, premium status, and user activity.

Season 2 and Future Developments

This event also marks the official launch of CATS’ Season 2, which is anticipated to bring additional developments to the memecoin ecosystem. Season 2 will introduce innovative features like AI photo farming and unique CAT-themed profile pictures, offering further engagement opportunities for users.

Airdrop Distribution and Community Involvement

CATS has a total supply of 600 billion tokens, with a significant portion allocated for airdrops across Seasons 1 and 2. Specifically, 55% of the total supply has been reserved for distribution, with Season 1 already allocating 30%, or 180 billion tokens, to active community members.

Rewards have been structured to prioritize users with OG passes and those who engage in daily transactions, ensuring that the most dedicated participants benefit from the airdrop. As part of its community-building strategy, the project encourages users to boost their token earnings by inviting friends and completing simple tasks, such as joining the official CATS Telegram channel.

Potential Price Volatility

Despite the recent rally, CATS holders could soon face a potential price drop as a large number of airdropped tokens enter circulation. Similar to other meme coins based on the TON blockchain, CATS may experience selling pressure as users begin offloading their tokens.