Catecoin Vs Dogecoin Competition  will drive Cat and Dog lovers to Crypto

Catecoin Vs Dogecoin Competition  will drive Cat and Dog lovers to Crypto
Published on

Cat vs Dog fight is very popular on the Internet and we will see the same in Blockchain also, Dogecoin is created 8.5 years ago and after Elon Musk Dogecoin adoption, Memecoin became quite popular. Now after Dogecoin, catecoin also came into existence and is driving a lot of non-crypto users to crypto. Catecoin is still in the early stage and we will soon see catecoin in the top position once major exchanges like Binance list them.

Not Yet at Full Adoption

Unlike Shiba Inu and Dogecoin, Catecoin is still in its earliest stages of development. With a market cap of up $20 million, Catecoin has the potential to be a 100x winner during the next bull run in the altcoin market. Currently, the developers of Catecoin are working on several useful products including play2earn gaming, a decentralized wallet to bring long-term value to the memecoin.

A Long Term perspective

The creators of the Catecoin project are already looking down the road for the coming years to ensure that the meme coin has strong fundamentals. For instance, the memecoin features investment security measures such as a deflationary structure which can create value over time. The Catecoin team has looked at the Terra Luna collapse as a valuable lesson on how to ensure that a cryptcoin can survive the most challenging bear markets. Today, Catecoin remains resilient and is even growing its base as another meme coin has lost its luster.

Onchain date reveals major whale investment into Catecoin

Currently, Catecoin is still below $1 billion in market cap. However, on-chain data is showing a large number of Shiba Inu, Safemoon, and big BNB holders investing in Catecoin. This has the potential to bring Catecoin well past the 1 billion market cap and possibly bring about a 100x return. In the past, during the bull run in the altcoin market, we have seen tiny coins such as Shiba Inu and Safemoon bring about wild returns. Of course, these two meme coins, due to their size, will not be able to return 100x. However, the smaller Catecoin project has the potential to be the Shiba Inu of the next bull run.

Memecoin of the Moment

With designs to become the largest meme coin, Catecoin has the opportunity to easily gain 100x of 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.

Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp

                                                                                                       _____________                                             

Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.

Related Stories

No stories found.
logo
Analytics Insight
www.analyticsinsight.net