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
bybit lucky
Blockchain
Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin)
Blockchain technology continues to drive innovation across industries, reshaping finance, infrastructure, and philanthropy. Today’s news roundup explores exciting developments in blockchain ETFs, tokenization funding, quantum-resistant chips, public blockchain initiatives, and impactful social projects. Here’s a deep dive into the latest blockchain headlines:
BlackRock ETF Embraces Blockchain with First Muni Bond Purchase
BlackRock’s blockchain-focused ETF has made its first foray into municipal bonds, signaling increased confidence in integrating blockchain technology with traditional finance. The ETF’s strategic investment demonstrates how blockchain can enhance transparency and efficiency in bond markets.
By tokenizing municipal bonds, BlackRock aims to simplify trading and settlement processes while reducing associated costs. This development underscores the growing role of blockchain in transforming financial instruments and fostering greater market accessibility.
Source: Yahoo Finance
Plume Secures Funding for Tokenization Platform
Blockchain fintech company Plume has raised significant funding to advance its tokenization platform. The company’s innovative approach enables businesses to convert real-world assets into digital tokens, streamlining asset management and unlocking liquidity.
Tokenization is rapidly gaining traction as a game-changer in sectors such as real estate, art, and commodities. Plume’s success reflects a broader trend of investment in blockchain solutions that bridge the gap between traditional assets and decentralized technologies.
Source: Fortune
SEALSQ and Hedera Partner for Quantum-Resistant Blockchain Chips
SEALSQ and Hedera have announced a groundbreaking collaboration to develop quantum-resistant chips designed to secure blockchain infrastructure. These advanced chips will provide robust protection against future quantum computing threats, ensuring the integrity of blockchain networks.
As quantum computing capabilities evolve, safeguarding blockchain ecosystems becomes increasingly critical. This partnership highlights the importance of proactive measures in maintaining the resilience and trustworthiness of decentralized systems.
Source: The Quantum Insider
Deutsche Bank’s Public, Permissioned Blockchain Initiative
Deutsche Bank’s Layer 2 blockchain solution is set to go public and operate as a permissioned network, according to its tech partner. This initiative aims to strike a balance between accessibility and security, leveraging blockchain to streamline financial services and enhance operational efficiency.
The decision to adopt a public, permissioned model reflects a growing trend among enterprises seeking to harness the benefits of decentralization while maintaining control over sensitive data. Deutsche Bank’s approach could serve as a blueprint for other financial institutions exploring blockchain adoption.
Source: CoinDesk
KuCoin’s “Light Up Africa” Initiative Brings Hope to Thousands
Cryptocurrency exchange KuCoin has made a significant impact through its “Light Up Africa” donation ceremony in Ghana, benefiting 36,000 children across the continent. The initiative combines blockchain technology with philanthropy to address energy poverty and support education.
By leveraging blockchain for transparency in charitable contributions, KuCoin sets an example of how the crypto industry can drive meaningful social change. The project demonstrates the potential of blockchain to empower communities and foster sustainable development.
Source: PR Newswire
Industry Implications and Key Takeaways
Today’s developments highlight the transformative potential of blockchain across multiple domains:
- Integration with Traditional Finance: BlackRock’s ETF underscores the synergy between blockchain and established financial systems.
- Tokenization Trends: Plume’s funding success reflects the growing demand for digital asset solutions.
- Quantum-Resistant Technologies: SEALSQ and Hedera’s partnership addresses emerging cybersecurity challenges.
- Enterprise Blockchain Adoption: Deutsche Bank’s public, permissioned network showcases the adaptability of blockchain in financial services.
- Social Impact: KuCoin’s philanthropic efforts illustrate blockchain’s capacity to drive positive societal outcomes.
The post Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin) appeared first on News, Events, Advertising Options.
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