@0xAbhiP Manufactured spending, open up a square account, tap to pay, then put the money back so you spent however much and pay back so that’s a win win
So we can finally say all the serial dev bundled wallets are out, including all the allocated KOL wallets.
We now have 100% of the $CATE supply in the hands of the community.
Redistribution has also strengthened the floor, with most Catecoin holders buying in at a premium market cap.
Looking at the top holders, @PoorGoat_ is now the largest doxxed holder with around 3% of the supply. He bought his position, has publicly committed not to sell early, but holds to large cap.
The @Pumpfun liquidity pool now holds just 1.49% of the supply, with redistribution essentially complete, the dev and KOL wallets gone, and most wallets above 1% belonging to doxxed holders on @fomo, ownership is now far more decentralized. Outside the top 15 holders, ownership quickly drops below 0.5% per wallet, with the majority of the 63,836 holders, including 38.4K+ holders on FOMO, being predominantly retail participants.
We now have one of the best-distributed decentralized memecoins in the space.
With $60M+ in 24H volume, a $30M+ market cap, a cult army active 24/7, Catecoin dominating X and crypto mindshare, and @PoorGoat_ committed to taking $CATE to the billions, this correction has strengthened the project rather than weakened it.
Momentum is returning, the chart is stabilizing, and this looks like a great opportunity to position for the next leg up.
The thesis remains the same, the biggest multi-billion dollar normie memecoin since dogecoin.
It's cat(e) szn. 🐈
CA: Ai66LHZG9MCzg1WKdawwqduVAXpNDUuV8M3uyq5ppump