While there are several meme coins available, there are few that offer much utility or passive income opportunities. For instance, neither Shiba Inu nor Dogecoin offers any staking nor a cut of the token's transactions. This is why recent data has down that many Shiba Inu, Safemoon, and Big BNB are investing in Catecoin.
Recently, we have seen the demise of my coins including so-called safe stablecoins such as TerraUSD. Therefore, many crypto investors are looking for crypto opportunities that show the real utility and income-generating opportunities. This is why Catecoin has suddenly become one of the most popular meme coin opportunities. Currently, the cat-themed meme coin project offers multiple income generation opportunities including staking and transaction fee income. Additionally, Catecoin is developing its Play2Earn project which will be launching later in 2022. Here is a deeper look at what Catecoin offers versus its meme coin competition.
One of the biggest issues with most meme coins is that they simply offer no real staking opportunity. This is what sets Caetcoin from the competition. Currently, Catecoin holders are gaining a safe 15% annual return. This high staking return is driving more major wallets to the meme coin.
Caetcoin is designed to deliver lots of utility. Because of that, it is expected that the meme coin will receive a high level of transactions. To help holders capitalize on this opportunity, 2% of the transaction fees will be distributed as yet another form of passive income.
It is expected that Play2Earn gaming will become even larger in 2022. That's why the Catecoin team is developing a fun and immersive Play2Earn game designed for Web3 and Metaverse.
Catecoin has already burned 15% of its total supply and will continue to burn tokens to deliver continued value to the long-term holders. The goal of Catecoin is to become the most valuable meme coin that offers long-term utility and continued value.
Recent data is showing more big Shiba Inu, Safemoon, and BNB holders investing in Catecoin. With this momentum, Caetcoin is expected to reach an inflection point where a large number of large and small investors will pour into the cat-themed meme coin
With designs to become the largest meme coin, Catecoin has the opportunity to easily 100x current returns during the next bull run. The development team will continue to create additional value for Caetcoin while ensuring the overall stability of the project.
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