Still watching the plays that give holders something real instead of just a story.
Yield + a clean narrative is a different category.
Those tend to last longer than pure hype.
Hey @binance , @cz_binance , @coinbase , @brian_armstrong, @cobie, @RobinhoodApp@RobinhoodCrypto and @vladtenev - as the bull run comes back, I want you guys to take a look at what’s happening with $CATE on Solana.
CATE was born just 4 weeks ago. No team supply. No market maker. No massive insider allocation. Just a community that has quickly proven CATE is becoming retail’s coin of choice this cycle.
The thesis is intentionally simple:
This is the cat cycle. CATE will flip DOGE.
That’s it. Normies understand it immediately, and the numbers are starting to show what happens when you give retail a meme they actually understand.
In 4 weeks:
• 114K total holders
• 77K holders on Fomo alone
• 11K+ people in Telegram
• Thousands regularly joining Spaces
• CATE spreading across TikTok and other social platforms
• Thousands of physical CATE posters being put up around the world
And according to Fomo as of yesterday:
• 146K users have bought cate coin on the app at least once
• 38K bought CATE as their FIRST coin
• $173M in total CATE volume
• 24K unique users have posted a CATE thesis, totaling 500K+ thesis posts
That 38K number is the one I think matters most.
These aren’t just existing crypto traders rotating from coin to coin. CATE is bringing new people into crypto.
Here’s the volume from the last 5 days:
8/24: $37,773,450
8/23: $88,625,183
8/22: $37,545,379
8/21: $31,671,071
8/20: $12,579,449
I know all of you are focused on growing your own platforms, ecosystems and chains, so it would be easy to ignore a community forming around a coin on Solana.
But I think that misses the bigger opportunity.
The next wave of retail is coming. Right now, thousands of them are being onboarded through CATE and going to platforms like @fomo and @Pumpfun to buy it.
Why shouldn’t they also be going to Binance, Coinbase and Robinhood?
List CATE and suddenly a new user who came because they wanted to buy the funny yellow cat has an account on your platform. Maybe they buy CATE today. Tomorrow they look around and discover BTC, ETH, SOL, your ecosystem, and everything else you offer.
CATE isn’t asking exchanges to bring us users. We’re already bringing the users.
We’re 4 weeks in. The community is growing every single day, and I believe this is only the beginning.
Anywho, if you made it this far, I hope you see what I see.
And if you don’t, that’s okay.
I’ll check back in a week when Fomo has 150K+ CATE holders. 💛🐈
THE CATESTEIN FILES HAVE BEEN RELEASED AND THEY’RE EVEN MORE BULLISH THAN I EXPECTED.
38K PEOPLE BOUGHT CATE AS THEIR FIRST COIN.
THE ONBOARDING COIN OF THIS CYCLE.
SO MUCH HIGHERRR 💛🐈
$1,000 $CATE giveaway ( $100 to 10 people )
The winners will be drawn at tonight’s space at 8pm UTC.
Retweet, comment your SOL address and be following myself and @Algidak999
See you tonight!