Blockchain
Investors Are Moving Shiba Inu (SHIB) Profit to Catecoin (CATE)
London, United Kingdom–(Newsfile Corp. – October 31, 2021) – Catecoin (CATE) is built for creators. According to its team, they launched CATE to allow meme creators to “create and earn with their memes” albeit in a decentralized manner.
This has been a good time for Meme coins, as seen with Shiba Inu (SHIB). For the past few weeks, SHIB recorded one breakthrough after another, taking over the crypto space and flipping over other coins in rankings. Somehow, it surprised everyone in the crypto space when all of a sudden, SHIB began competing incessantly with other cryptocurrencies.
Figure 1: Investors Are Moving Shiba Inu (SHIB) Profit to Catecoin (CATE)
Catecoin (CATE)
However, Catecoin (CATE), another emerging meme coin, seems to be competing with the famed Shiba Inu (SHIB). It is built with the intention of having and adding real value to the meme world.
As stated on Catecoin’s official website, CATE reserved 35% of its tokens for both Staking Rewards and Meme Contest. With Catecoin, users can turn their Memes into NFT and earn CATE. Moreover, a user only needs to stake 5,000,000 CATE tokens to Post memes in Portal. Then, all approved memes will be eligible for NFT minting and the purchaser will also get all rewards from that meme/s.
Notably, users can also earn when holding CATE or earn 2% of every transaction done in Catecoin – something that both SHIB and DOGE don’t have.
The NEXT Shiba Coin
CATE is gearing towards being the “next Shiba coin”. Catecoin is exerting more effort in ensuring that users will be able to benefit and maximize their token and services. In fact, Catecoin is currently developing its play-to-earn game – Rise of Cats, a blockchain-based game.
Reports say that CATE’s market cap has already surpassed $100 million and the team reiterated that its next stop is $1B. Surely, with how CATE is progressing, gradually, it will definitely become a meme coin rival sooner or later.
Meanwhile, there are speculations that SHIB holders are moving their SHIB profit to CATE. For what reason? No one is entirely sure but it is perhaps for further investment options and expansion. The stable progress of CATE might have caught the attention of meme coin holders, who see it as a gateway for more investment opportunities.
For now, CATE enthusiasts are anticipating its NFT marketplace and after that, Catecoin will surely grow even more than it does now. At the time of writing, CATE reports a 100,000,000,000,000 total supply and is trading at $0.000003075.
Twitter: https://twitter.com/cateclub?s=20
Telegram: https://t.me/cateclub
Reddit: https://www.reddit.com/r/Cateclub/
Pancakeswap Purchase: https://exchange.pancakeswap.finance/#/swap?outputCurrency=0xE4FAE3Faa8300810C835970b9187c268f55D998F
Media contact
Company: Catecoin
E-mail: [email protected]
Website: https://catecoin.club/
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/101487
The European Union’s landmark MiCA regulation is set to transform the crypto industry, establishing stringent standards that many current Virtual Asset Service Providers may find challenging to meet. As MiCA compliance becomes the standard for operating within the European Economic Area, crypto exchanges and asset companies must take prompt action to align their operations with these comprehensive regulations.
To support businesses in navigating this significant transition, an exclusive webinar “Adapt or Die: The Urgent Shift from VASP to MiCA” will be held on Tuesday, November 19th, 2024, at 5:00 PM (CET) time.
This session is designed to provide industry professionals with practical insights and strategies to ensure their software and operations comply with MiCA standards.
Key highlights of the webinar include:
● Detailed analysis of MiCA regulations and their implications for the crypto sector.
● Actionable steps for software adaptation to achieve MiCA compliance.
● Case study feature: How Kyrrex achieved MiCA readiness using solutions from Simplify Labs.
● Practical tools for Anti-Money Laundering, Know Your Customer processes, cybersecurity, and transaction monitoring.
The webinar will be useful for CEOs, COOs, Compliance Officers, Regulatory and Legal Professionals, Tech Managers, and Investors looking to enter or expand within the EEA market. Attendees will gain the knowledge and tools necessary to adapt and thrive under the new MiCA regulatory framework.
Featured speakers:
Vadim Rozov, CEO at Simplify Labs, brings over 20 years of management and software development experience. Under his leadership, the company is dedicated to simplifying crypto and blockchain technology, making it accessible for non-technical founders and management teams.
Kevin Plumpton, CEO at Kyrrex, is a warranted advocate with extensive expertise in finance, business, property, and international law. He specializes in corporate governance, risk, and compliance legislation, and is a prominent figure in the Anti-Money Laundering and Counter Financing of Terrorism fields. He is recognized for developing innovative KYC and due diligence platforms utilized by leading organizations.
“The crypto industry is at a critical juncture where understanding and adhering to MiCA regulations is essential for continued growth and market access,” said Kevin Plumpton, CEO at Kyrrex. “Events like these are vital for bringing together industry leaders to share knowledge and best practices, ensuring businesses can adapt effectively and sustain their operations.”
Franklin Cachia, Executive Director at CSB Group, is an accomplished professional who advises clients on taxation, financial services, AML compliance, and corporate law, among other areas. His broad expertise also encompasses gaming, GDPR, and property law.
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