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Simon’s Cat ($CAT) is one of the fastest-growing cryptocurrencies at the moment. Investors are coming out to get a portion of this up-trending cryptocurrency. Its trading volume has risen over 1000% in 24 hours and the value has risen about 65% in a day. Considering that the token was launched a few months back, it has given back sizable gains so far. But does the coin have enough legs to run a long way, especially considering the vast amounts of similar cryptocurrencies available today>
We are here to analyze the current market trends of $CAT and forecast the price prediction of the coin from 2024 to 2030. The price prediction is created with technical and fundamental studies while considering the overall financial trends of the world. This price prediction aims to give you a holistic understanding of the coin to let you decide whether you should invest in it or not, and to help you make entry and exit strategies.
What is Simon’s Cat ($CAT)?
Simon’s Cat is a meme coin with the ticker CAT, made to tokenize the popular Simon’s Cat meme trend. The project has about 214.3K followers on X (Formerly Twitter), and over 63 thousand followers on the Telegram community. One of the major differences between many of the other meme coins from CAT is that it is backed by full IP rights from the iconic Simon’s Cat brand. So, you can say that it is an official meme coin.
In addition to increasing the global presence of the beloved British animated series that the Simon’s Cat meme is borrowed from, the token also contributes to initiatives aimed at feeding and rescuing cats globally. So, it is not surprising that the token has managed to create enough hype over the internet.
Simon’s Cat: Current Market Statistics
Simon’s Cat is having a bull run in the market with investors pouring in to purchase the token. Here are the current statistics of Simon’s Cat.
- Price: $0.00003723
- Market Cap: $251.43M
- Volume (24h): $382.52M
- Full Dialuted Value: $335.23 M
- Total Supply: 8.10T CAT
- Max. supply: 9T CAT
The tokens are available on various centralized and decentralized exchanges such as Binance, Kucoin, and Gate.io. The coin has already managed to attract billions of investors within months of its launch, thanks to the virality of the meme, the coin is based on. If someone had invested in the coin at the time of its launch, their value would have grown to about 135% by now.
Simon’s Cat Price Prediction 2024 – 2030
Simon’s Cat was originally launched to the general public in August 2024. The project managed to secure about $4 million, in presale. In addition to the virality of the meme, the fact that the coin is backed by original IP rights holders of the actual meme has also helped in the growth of Simon’s Cat.
CAT touched its all-time high in September and then the value decreased about -37% till the 21st of October. But from then, the coin had a dream run in the last 24 hours culminating in a 64% growth. According to the analysis, we are predicting that the coin will have a mean value of about $0.000030 by the end of 2025.
The below table explains the long-term price forecast of Simon’s Cat:
| Year | Average Price | Possible Low | Possible High |
|---|---|---|---|
| 2024 | $0.000022 | $0.00020 | $0.000025 |
| 2025 | $0.000030 | $0.000027 | $0.000034 |
| 2026 | $0.000038 | $0.000030 | $0.000046 |
| 2027 | $0.000046 | $0.000034 | $0.000061 |
| 2028 | $0.000055 | $0.000037 | $0.000079 |
| 2029 | $0.000064 | $0.000040 | $0.000098 |
| 2030 | $0.000072 | $0.000043 | $0.00011 |
The indicators suggest that the market is staying at 90% Bullish community sentiment, meaning that the coin will continue to rise in value in the coming days. The price prediction shows that the coin can reach up to $0.000025 by the end of this year, with a gain of about 148.92% if you are investing at the moment. However, be advised that the cryptocurrency market is subject to momentous changes. So, you should do your research about the coin before investing in it. You should also consider contingency plans and exit strategies before entering into the market.
Is it the Right Time to Buy CAT?
As we have already mentioned in the above sections, CAT, or Simon’s Cat is a meme coin made to tokenize the viral meme. Simon’s Cat has millions of views on YouTube. So, it has a huge fanbase. Additionally, the blockchain project is backed by the actual people who own the copyright of the meme, this gives confidence to the investors. These are some of the reasons why, CAT is having a bull run right now.
That being said, you should be aware that all meme coins including CAT may not have a real-world value, and its demand is only fueled by the support of the community behind it. Additionally, we couldn’t find any roadmap of the coin to help determine what the future holds for the coin. So, we cannot recommend you buy the coin. However, solely looking at the numbers, this can be a good time to invest in Simon’s Cat ($CAT).
Conclusion
Simon’s Cat is a meme coin that is surging rapidly. The coin has risen for about more than 60% in a 24-hour window. In this article, we have seen the long-term price prediction of Simon’s Cat and have seen that it has the potential to hike more in the coming years. However, you should do your due diligence by researching more about the token and putting in contingency plans, before making deciding whether you should invest in the token.
