A few thoughts on what happened with $CATE overnight.
After running from roughly $11M to $90M in less than 4 days, we finally got the correction everyone knew would come eventually.
Some people took profits.
Some bigger bags sold.
Some KOLs on fomo sold.
Some copy traders did the same.
Some people who bought the top are now underwater.
That’s a market.
Nothing goes up forever without resetting.
The important thing is to zoom out.
Despite the violent move down from the highs, $CATE is only around -8% over the last 24 hours.
Compare that to where we were a few days ago.
We sat around $11M for days. Sentiment was terrible. People called the project dead.
Then $CATE did 700%+ and printed a new ATH.
Now look at what changed underneath the price:
106K+ holders.
+15,466 holders in 24 hours.
+33K in 7 days.
The community entering this correction is significantly bigger than the community that entered the last one.
That matters more to me than one ugly candle.
Corrections transfer supply from people who want out to people who still believe in the thesis.
And everyone asking for a dip while $CATE was going vertical?
Well, here it is.
The question is whether you actually wanted the dip or just wanted lower prices without the fear that comes with them.
For me, the thesis hasn’t changed.
The community keeps growing.
The holder base keeps expanding.
The timeline is still covered in $CATE.
The network effect is still alive.
The road was never going to be straight up.
Reclaim ATH and $100M becomes the next psychological level.
After that, real price discovery begins.
The last dip built a stronger $CATE.
Now we find out what this one builds.
you know what caused the $CATE dip?
the coin ripped to 100M!!
there is always a pull back at or front running 100M back to 50M
every. single. time.
and there are always a number of theories and fud narratives to support the dip
you can use this info next time you’re lucky enough to catch something that runs to 100M or even better dca on dips scale some on rips and enjoy the ride
70K holders on Fomo. 106K holders total. 10k+ in TG.
In 2 months I’ve gained nearly 400K followers on Fomo, 85K on X, 10K on Pump and 6K on TikTok.
CATE is clearly the onboarding coin of this cycle, and you now have a chance to buy it at a $50M market cap.
The road to billions was never going to be a straight line.
LET’S SEE WHO CAN HANDLE THE RIDE. 💛🐈
MY CONNECTION GOT FUCKED AND I CAN’T HEAR THE SPACE. OPENING A TG VC.
Long story short: we’ve been here before and we’re not going FUCKING anywhere.
The solution is simple. Onboard the next 100K people. Keep dispersing the supply. Keep growing the army.
TRILLION DOLLAR $CATE.
NO MM GONNA STOP IT. 💛🐈
i’m sorry
am i reading this right…
catecoin is at what price?
the same one that was sub $10M mc 4 days ago…
i have 0 exposure, but i love to see believers get rewarded