Moreover, a user only needs to stake 5,000,000 CATE tokens to Post memes in Portal. With Catecoin, users can turn their Memes into NFT and earn CATE. It is built with the intention of having and adding real value to the meme world.Īs stated on Catecoin's official website, CATE reserved 35% of its tokens for both Staking Rewards and Meme Contest.
However, Catecoin (CATE), another emerging meme coin, seems to be competing with the famed Shiba Inu (SHIB).
Figure 1: Investors Are Moving Shiba Inu (SHIB) Profit to Catecoin (CATE)