The post Binance Futures Lists Simon’s Cat (CAT), These New Meme Coins Could Be Next appeared on BitcoinEthereumNews.com.

DISCLAIMER: This article is a SPONSORED Press Release and does not constitute Finbold’s editorial content. Crypto assets/products involve significant risks. Do not invest unless you are prepared to lose your entire investment. For a full disclaimer, please . After a brief pause, the crypto exchange in the world is back to its meme coin listing spree.  Binance Futures has launched a USDⓈ-Margined $CAT Perpetual Contract on October 21st. Unsurprisingly, the Simon’s Cat price is up by nearly 50% following the listing, with an 1100% spike in its daily trading volume.  Experts believe that the meme coin is headed to a multi-billion dollar valuation in the coming weeks.  Meanwhile, there is also considerable speculation on which meme coins could be next to list on Binance, with Sundog, Degen and Pepe Unchained among the frontrunners.  Binance Futures Lists Simon’s Cat – Is It The Next Billion Dollar Meme Coin? Binance has shown a significant proclivity towards listing meme coins, much more than it did in previous cycles. Perhaps, the world’s largest crypto exchange also believes that a meme coin supercycle is right around the corner.  Binance Futures listed Simon’s Cat on Monday, a Binance Smart Chain-based meme coin. There is also growing speculation that a Binance spot listing could be next for CAT. The meme coin is now trading at $0.000036, with a market capitalization of $244 million, after a 50% spike in its value following the listing. Its daily trading volume is also up by 1100%, hovering near the $300 million mark at press time.  Notably, Binance Futures is already contributing to $73 million in Perpetual volume following the listing. However, experts believe that Simon’s Cat is still largely undervalued.  For instance, prominent crypto trader Unipcs – aka ‘Bonk Guy’ with nearly 50k X followers – has opened his first-ever leveraged…

---

Filed under: News - @ October 22, 2024 12:14 am