Blockchain
Shiba inu and Dogecoin Rival Catecoin Surged 8000% in 7 Days
London, United Kingdom–(Newsfile Corp. – November 1, 2021) –
Figure 1: Shiba inu and Dogecoin rival Catecoin surged 8000% in 7 days
The platform will allow the meme and content creators to earn and will also help in creating decentralized memes. Also to support this, coin developers have planned to launch “Rise of Cats” which is a game.
Facts About Catecoin
This is the first platform which created a decentralized meme token and has also created new opportunities in the content and meme framing space. Along with the core function of Catecoin it also allows to make a passive income in the community of meme.
Shiba inu and Dogecoin Investors
Shibainu and Dogecoin investor are booking profit from both coins and putting that in Catecoin, according to few traders they believe Catecoin will become another Shiba inu like coin, because Catecoin is the only CAT theme coin with use case and will grab big investor attention.
Gaining investor’s attraction
Crypto traders and also the investors are surprised after watching the surge in this meme coin. Catecoin which is the rival of both dog coins (Dogecoin – DOGE and Shiuba Inu – SHIB). In past 7 days the rivalry is on peak because both Dog coins are backed up by the celebrities. The market caps have provided the statistics of CATE and it shows that the price is trading at $ 0.000005292 and there is a 24 hours trading volume as well which is $5,022,682.
Earning is also possible with the catecoins. Users holding the coins can earn 2% on each transaction. However, the transactions must be in catecoins. It also offers 15% APY in stacking which is not available on DOGE and SHIB and there are no earning options in these dog coins as well.
Usage of catecoin is also one of the reasons of its surge. It can be used on gaming platforms and also on Defi meme platform. On the other hand DOGE has no usage and SHIB can only be used on Shibaswap. Due to this, some investors made a huge profit by just investing $50.
Buying Catecoin
These coins are not available on direct platforms so the buying process is bit lengthy but there are 3 easy steps in which one can but catecoin.
First, trust wallet and metamask have to be downloaded. After this the user must create accounts on them and set the recovery phase.
Second, BNB has to be purchased via exchange. It can be any exchange and after this the BNB has to be withdrawn in the trust wallet.
Third step is to buy the Catecoin on the PancakeSwap. There are other platforms like Bilaxy and HotBit that are offering Catecoins.
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/
Disclaimer: Information or any fact found on above content is from CateCoin company. It does not represent the opinions of this site on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/101582
Blockchain
LCT Secures VARA In-Principle Approval, Defining Its Role in Dubai’s Crypto Landscape
Blockchain
Bybit One-Click Buy Offers a Winning Chance in First-Time Deposits Lucky Draws
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.
-
Blockchain5 days ago
Bridging Innovation and Regulation: How Yellow Network is Transforming Non-Custodial Trading in a Pro-Crypto Future
-
Blockchain Press Releases5 days ago
HTX Ventures Identifies Five Rapidly-Growing Sectors in 2024, Expects Positive Crypto Regulations Driven by Trump Next Year
-
Blockchain6 days ago
Prosper Adds 7,000 More ASIC Miners from BITMAIN To Drive Tokenization of Hashrate as Multichain RWA ; Targets 170MW Capacity With New Strategic Round
-
Blockchain6 days ago
Blocks & Headlines: Today in Blockchain (Reserve Bank of India (RBI), Aethir, Blockchain Center Abu Dhabi, Qubetics, )
-
Blockchain3 days ago
50,000+ Mined Coins and 100,000 New Users: EMCD Summarizes 2024
-
Blockchain6 days ago
Loan Brokers Market Opportunities and Strategies Report to 2033 – Loan Brokers Market Poised for Strong Growth, Forecasted to Reach $947.9 Billion by 2033
-
Blockchain5 days ago
Building Bridges in Crypto: Bybit Sparked Dialogues and Joined Industry Leaders at Bitcoin MENA
-
Blockchain3 days ago
Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin)