Shiba inu and Dogecoin Rival Catecoin surged 8000% in 7 days
London, UK – November 2, 2021 (Newsfile Corp.) (Investorideas.com Newswire) Catecoin, a decentralized token, jumped more than 8,000% in one week. Catecoin was launched with the intention of adding real value to the memes market.
The platform will allow memes and content creators to earn and will also help create decentralized memes. Also to support this, the coin developers have planned to release “Rise of Cats” which is a game.
Facts about Catecoin
This is the first platform that created a decentralized meme token and also created new opportunities in the content and meme framing space. In addition to the primary function of Catecoin, it also helps generate passive income in the memes community.
Investors Shiba Inu and Dogecoin
Investors Shibainu and Dogecoin reserve profits on both coins and put them in Catecoin, according to some traders they believe Catecoin will become another Shiba inu type coin as Catecoin is the only CAT themed coin with use case and will attract the attention of large investors.
Crypto traders and investors are also surprised after seeing the surge in this coin. Catecoin which is the rival of the two dog coins (Dogecoin – DOGE and Shiuba Inu – SHIB). In the last 7 days, the rivalry is at its highest as both Dog pieces are saved by celebrities. Market caps provided the statistics for CATE and they show that the price is trading at $ 0.000005292 and there is also a 24 hour trading volume which is $ 5,022,682.
Winning is also possible with catecoins. Users holding the coins can earn 2% on each transaction. However, transactions must be in catecoins. It also offers 15% APY stacking which is not available on DOGE and SHIB and there are also no earning options in these dog pieces.
The use of catecoin is also one of the reasons for its boom. It can be used on gaming platforms and also on the Defi platform meme. On the other hand, DOGE has no use and SHIB can only be used on Shibaswap. For this reason, some investors have made a huge profit by investing just $ 50.
These coins are not available on direct platforms, so the buying process is a bit long, but there are 3 easy steps in which one can only catecoin.
First, the Trusted Wallet and Metamask need to be downloaded. After that, the user needs to create accounts on them and set the recovery phase.
Second, BNB must be bought through an exchange. It can be any exchange and after that the BNB should be removed to the trusted wallet.
The third step is to buy the Catecoin on PancakeSwap. There are other platforms like Bilaxy and HotBit that offer Catecoins.
Pancakeswap Purchase: https://exchange.pancakeswap.finance/#/swap?outputCurrency=0xE4FAE3Faa8300810C835970b9187c268f55D998F
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Disclaimer: The information or any fact found on the above content is from the CateCoin company. It does not represent the opinions of this site on whether to buy, sell or hold investments. You are advised to do your own research before making any investment decisions. Use the information provided at your own risk.
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