$Cate @cateonethereum is the most comfortable new coin on the mainnet these two days. It opened below 500k and gave about an hour's opportunity to get on board, then oscillated in the 4M~8M range for a while before breaking through, and is now stable at 15M.
The narrative of this coin originates from a tweet by @ownthedoge, which posted a photo of a kitten and the Doge prototype Kabosu in 2010, as well as a photo of the lonely kitten and Shiba Inu plush toy after Kabosu's passing this year, with the caption "Doge & Cate". The Twitter account Own The Doge owns the original Doge photo and exclusive IP rights.
POE also tweeted around 1M shilling the coin, which is a relatively rare case for a KOL of his stature to directly shill a low-cap coin. Additionally, it can be noted that this coin was deployed and opened for trading within 5 minutes of the tweet, which easily gives the impression that the project team was well-prepared.
There was a small incident that day, as Etherscan was down for a few hours, so I wasn't watching the chain, and only noticed the coin around 3M. Combining the above information, I still decided to get on board and gradually bought 3E, and now have nearly 3 times the profit.
More perceptive friends should have noticed that cats have been a big hot topic recently. On the mainnet there is $Cate, on BSC there is Simon Cat, on Bitcoin there is OP_CAT, on Fractional there is CAT20, and older projects include $Popcat, $MOG, $Mew, etc. On the one hand, dogs used to be the biggest MEME topic in the crypto space, while cat-related tokens were relatively few, so they started to explore the narrative potential of cats; on the other hand, the recent hot news in the US, where Trump said Haitian immigrants ate their neighbors' pet cats, had a big impact, even Musk posted related meme pictures to mock it, so cats naturally became a focal point, and as on-chain players, grasping the hot spots can be twice the result with half the effort.
