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A new Solana-based meme coin, CATZILLA ($CATZ), enters the scene of cat-themed tokens with the launch of its presale event. With a total supply of 10 billion $CATZ, the project is set to distribute slightly over half of this amount to early-stage investors, offering discounts of up to 88%.
The $CATZ presale will occur in 14 stages, and prices will increase progressively as the campaign advances. The starting price is set at $0.0002 per token and will reach $0.0016 by the end of the presale.
This means that an early $100 investment would yield 500,000 $CATZ. Once the token’s value rises to $0.0016, the value of the purchased $CATZ would increase to $800, providing an 8x return on the initial investment.
Users can buy $CATZ tokens with other cryptocurrencies by connecting their wallets directly or through the WalletConnect feature. The presale widget on the project’s official site is compatible with over 430 wallet services, including MetaMask, Trust Wallet, and Coinbase, and accepts both stablecoins like USDT on various networks and popular coins such as ETH, SOL, BNB, and POL (formerly MATIC).
For those who don’t have crypto, there is an option to make a fiat purchase using Visa or Mastercard.
A Closer Look at $CATZ
Designed by a team of degens and crypto enthusiasts, $CATZ will play a central role in a meme-token-powered gaming platform inspired by Japanese anime and kaiju culture. With a focus on uniting anime fans in the pursuit of financial freedom, $CATZ offers triple utility: platform governance, utility, and staking.
The project’s structured distribution plan supports this framework, with allocations of 15% for rewards (including an airdrop) and 12% for staking. Additionally, $CATZ tokenomics includes a 6.5% liquidity reserve to facilitate future token listings. Once the presale and token generation event (TGE) are complete, $CATZ will be available on the decentralized exchange Raydium, as well as several centralized exchanges.
$CATZ’s TGE will initiate the first token release, followed by a cliff period that temporarily locks the remaining tokens. These tokens will then be gradually released over the vesting period, helping to mitigate selling pressure.
This setup provides benefits for both early participants and those who join later. Early adopters enjoy a lower entry price, while later participants will benefit from a faster token release schedule.
Furthermore, the $CATZ team has planned several security audits, which will help bolster the token’s credibility.
The Year of the ‘Cat Season’ Explosion
Cat-themed meme coins are on the rise in 2024. The undisputed leader in this token category, Popcat, has emerged as one of the biggest meme coin gainers year-to-date, boasting growth of over 12,700%. Since its launch on the Solana blockchain, the token’s market cap has more than doubled, climbing from half a billion dollars in December 2023 to over $1.3 billion as of this writing.
The second best-performing meme coin from this feline family, the Ethereum-based Mog Coin (MOG), has spiked by more than 2,800% since the start of the year. Meanwhile, the fourth-largest cat-themed token, Simon’s Cat (CAT), reached a new all-time high of $0.00004624 on September 21, surging over 320% within just a month after its release on the BNB chain.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
