Why Meme Whales Believe Catecoin is the Next Pepe Coin
With a potential 100x return, the popular cat-theme coin could give Pepe Coin a run for its money
After a quiet 2022, meme coins exploded in popularity thanks to the launch of the popular Pepe Coin. In fact, this meme coin has seen explosive returns unseen since the top of the meme coin market in 2021. Today, many meme coin whales now believe that the cat-themed coin Catecoin could be the next Pepe Coin. Here’s a look at why.
Launching on ETH Network
Catecoin is the first cat-themed meme coin that is currently on the BNB chain. Since its launch, Catecoin has delivered a 3000x return at the height of its market capitalization. To further its reach, Catecoin will expand to the Ethereum blockchain and offer ETH whales a chance to buy into a project that could be the next Pepe coin.
Battle Tested Through Crypto Winter
Throughout the brutal crypto winter, we have seen a number of meme coins lose over 90% of their value. In many other cases, meme coins have been “rug pulled” or the projects have been otherwise abandoned. Catecoin, on the contrary, has seen significant growth and development over the past year. This includes the introduction of play-to-earn gaming and the creation of its own cross-platform crypto wallet.
So far, we have not seen how Pepe coin will perform during a brutal crypto winter. It may be possible that Pepe coin could see major downswings when the project is truly tested in times when there are no buyers.
Impressive Outperformance
Before Pepe Coin, Catecoin was already making waves in the meme coin community. During both the meme coin bull and bear market, Catecoin has seen some impressive outperformance against other meme coins as well as larger crypto coins such as Bitcoin and Ethereum. This is because we have seen a number of crypto whales invest in the project. This has created a stable pricing floor on the project while providing marketing-beating returns during bull runs.
Right now, we have only seen Pepe coin perform over a short time frame. It will be hard to see is Pepe coin can maintain the same type of whale activity when more competitors are on the market.
Deflationary Designed to Maintain Value
In the meme coin community, many whales are worried that project teams will simply bring too much oversupply onto the market, putting downward pressure on pricing. Catecoin is deflationary in nature. That means that the circulating supply of the coin is reduced with every transaction. The result is impressive supply control that helps provide value for the project. While Pepe coin is also deflationary, Catecoin has had more time to prove its value as a high-use coin that can maintain its value.
How Catecoin can be the next Pepe Coin
If you have spent any time observing the meme coin market, then you will notice that whales will tend to jump from coin to coin. After the mania in Pepe coin has subsided, we can expect to see a number of whales to take a hard look at Catecoin. As the number one cat-themed meme coin on the market with multiple earning opportunities, Catecoin could be the Pepe coin of late 2023. In fact, it would not be surprising to see Catecoin gain a 100x return during the next long-term meme coin bull market.
Visit – Catecoin.com Twitter Page to find official announcement date of ETH Network.
With a potential 100x return, the popular cat-theme coin could give Pepe Coin a run for its money
After a quiet 2022, meme coins exploded in popularity thanks to the launch of the popular Pepe Coin. In fact, this meme coin has seen explosive returns unseen since the top of the meme coin market in 2021. Today, many meme coin whales now believe that the cat-themed coin Catecoin could be the next Pepe Coin. Here’s a look at why.
Launching on ETH Network
Catecoin is the first cat-themed meme coin that is currently on the BNB chain. Since its launch, Catecoin has delivered a 3000x return at the height of its market capitalization. To further its reach, Catecoin will expand to the Ethereum blockchain and offer ETH whales a chance to buy into a project that could be the next Pepe coin.
Battle Tested Through Crypto Winter
Throughout the brutal crypto winter, we have seen a number of meme coins lose over 90% of their value. In many other cases, meme coins have been “rug pulled” or the projects have been otherwise abandoned. Catecoin, on the contrary, has seen significant growth and development over the past year. This includes the introduction of play-to-earn gaming and the creation of its own cross-platform crypto wallet.
So far, we have not seen how Pepe coin will perform during a brutal crypto winter. It may be possible that Pepe coin could see major downswings when the project is truly tested in times when there are no buyers.
Impressive Outperformance
Before Pepe Coin, Catecoin was already making waves in the meme coin community. During both the meme coin bull and bear market, Catecoin has seen some impressive outperformance against other meme coins as well as larger crypto coins such as Bitcoin and Ethereum. This is because we have seen a number of crypto whales invest in the project. This has created a stable pricing floor on the project while providing marketing-beating returns during bull runs.
Right now, we have only seen Pepe coin perform over a short time frame. It will be hard to see is Pepe coin can maintain the same type of whale activity when more competitors are on the market.
Deflationary Designed to Maintain Value
In the meme coin community, many whales are worried that project teams will simply bring too much oversupply onto the market, putting downward pressure on pricing. Catecoin is deflationary in nature. That means that the circulating supply of the coin is reduced with every transaction. The result is impressive supply control that helps provide value for the project. While Pepe coin is also deflationary, Catecoin has had more time to prove its value as a high-use coin that can maintain its value.
How Catecoin can be the next Pepe Coin
If you have spent any time observing the meme coin market, then you will notice that whales will tend to jump from coin to coin. After the mania in Pepe coin has subsided, we can expect to see a number of whales to take a hard look at Catecoin. As the number one cat-themed meme coin on the market with multiple earning opportunities, Catecoin could be the Pepe coin of late 2023. In fact, it would not be surprising to see Catecoin gain a 100x return during the next long-term meme coin bull market.
Visit – Catecoin.com Twitter Page to find official announcement date of ETH Network.