Proceed over DOGE as Tiger King star launches CAT
Carole Baskin has launched CAT through Ethereum-based open system Rally, and has provided exclusive benefits for holders of this coin.
Dogecoin’s status as the top memecoin may be (but almost certainly isn’t) under threat following the news that controversial Tiger King celebrity Carole Baskin has launched her own CAT coin. Carole Baskin launches $CAT donors and coin of more than $500 between 4/19 and 5/7/2021 get on $CAT coin free. Https://t.co/rDLoJZIfwR pic.twitter.com/vGdCRJ0iZm— Big Cat Behavior (@BigCatRescue) May 4, 2021
In a blog article through Baskin’s non profit Big Cat Rescue on May 4, she disclosed her social token was started on Rallyan open community that allows creators to launch their coins onto the Ethereum blockchain. However, she emphasized her coin is not an investment instrument, it is really a terrible pun:”Our new $CAT coin is not a currency for investment, but instead is a purr-ency of our fans to demonstrate their love for the cats also to reap the benefits of being our forward-thinking partners in making a world where most crazy cats reside. “However Baskin’s interest in cryptocurrency appears to have some foundation for this, with all the reality TV celebrity explaining she had concerns surrounding money printing fueled inflation and :”I like the concept of placing the power of money in front of the people, instead of banks and authorities.” Despite her newfound bullishness, Baskin seems to have misunderstood the different characteristics of Bitcoin versus many altcoins as she said:”At this point, both of USD and Bitcoin are all fiat currencies, but Bitcoin along with other altcoins have lack constructed in and now there’s quite a bit more extensive adoption of them in our everyday lives.” Baskin’s CAT now has 123,600 coins in circulation and is currently sitting at a cost of $8.20 each coin. Since launch, $CAT has witnessed 492 trades, with a entire USD support volume of 206,000. Holders of CAT will qualify for rewards including”elite access to LIVE walkabouts and discussions with Carole Baskin along with her team of big cat lovers and keepers, discounts and original access to fresh product and actions.” Baskin has teased future strategies for its CAT community, which include shared access to large kitty metaverse world called ARzoo, a virtual reality collectible game called Big Cat Rescue VR along with a new pair of unspecified, but presumably cat-centric NFTs place to fall in fourteen days. This is not Carole Baskin’s very first movement in crypto. In April last year, she began accepting donations in Bitcoin, Bitcoin Cash, and Ethereum through Bitpay. It is yet to be seen if her arch-nemesis Joe Exotic or better known as the Tiger King has awakened to the importance of blockchain tech behind bars.
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