Some delusional cat(e) holders speak of trillion, cough cough @PoorGoat_.
But yeah, $CATE is inevitably going to billions.
I mean it's obvious, what comes after doge, cate right?
The biggest $CATE catalyst might not be another viral post.
It might be the beginning of the exchange wars.
Think about what has happened so far.
$CATE has built 100K+ holders, massive volume and one of the strongest retail communities in the market while access is still relatively limited.
A huge part of the onboarding is happening through @fomo and @Pumpfun
Now imagine what happens if @binance decides to list $CATE.
Not saying it will happen. But after the recent soft references, it’s a scenario worth thinking through.
Because a Binance listing wouldn’t just give $CATE another place to trade.
It could completely change the distribution game.
Right now, exchanges are competing for the same thing:
Users.
And $CATE has shown them something extremely valuable.
It can bring NEW users into crypto.
That’s the important part of the thesis.
If tens of thousands of people are buying $CATE as one of their first coins, an exchange isn’t simply listing another memecoin.
It potentially gets access to an onboarding machine.
Now imagine Binance moves first.
Suddenly every other major exchange has a decision to make.
Ignore $CATE and watch users create Binance accounts to buy it?
Or list it themselves and compete for that volume and those new customers?
That’s where things could get reflexive.
Binance lists.
Another exchange follows.
Then another.
Every listing increases accessibility.
Accessibility creates new buyers.
New buyers create volume.
Volume makes $CATE more attractive to exchanges that still haven’t listed it.
And suddenly the competition changes from:
“Should we list $CATE?”
to:
“How aggressively can we market $CATE to capture these users?”
We’ve seen versions of this movie before.
Think back to $SHIB.
Once the major exchanges realized the scale of retail demand, listing the token wasn’t only about collecting trading fees.
SHIB became customer acquisition.
Exchanges marketed it because millions of retail users wanted exposure.
Every new listing made buying easier.
Every new listing created headlines.
Every headline onboarded another wave.
That accessibility helped turn SHIB from an internet meme into a globally traded asset.
$CATE is obviously nowhere near that scale today.
But that’s exactly why the possibility is interesting.
The community and onboarding came BEFORE the major exchange distribution.
Imagine adding the distribution afterward.
100K+ holders working for their bags.
Normies onboarding normies.
PFPs everywhere.
IRL marketing.
Hundreds of thousands of community theses.
And then suddenly Binance, OKX, Bybit, Coinbase or others have an incentive to compete for the same users.
That’s when the game changes.
Because the next phase wouldn’t only be the $CATE community marketing $CATE.
It could become exchanges marketing $CATE because they want the customers behind it.
That is a completely different level of firepower.
The first major exchange to seriously embrace $CATE could potentially trigger a race.
And once that race starts, every exchange sitting on the sidelines has to ask:
How many users are we willing to lose to competitors?
This is why I keep coming back to retail onboarding as the core thesis.
Price is downstream.
Listings are downstream.
Volume is downstream.
The real asset is attention + distribution + people.
$CATE has already shown it can attract people without major CEX infrastructure.
If the infrastructure eventually comes to the people instead?
That’s where things could get very interesting.
The community built the engine.
A major exchange listing could pour gasoline on it.
And if one moves, I wouldn’t be surprised if the others suddenly start paying very close attention.
The exchange wars haven’t started yet.
But if they do, you probably don’t want to discover the thesis after everyone has listed it.