- Simon’s Cat and Floki are going to launch a memecoin on August 8.
- A bot will exchange coins and airdrop them to FLOKI holders.
- Simon’s Cat will use its social media accounts to advertise the memecoin.
The Simon’s Cat Meme Coin will go live on August 8 thanks to a partnership between Simon’s Cat, Floki, BNB Chain, and DWF Labs. The coin will be swapped by a Floki bot and airdropped to FLOKI holders.
According to CoinDesk, BNB Chain, DWF Labs, and the well-known cartoon cat brand Simon’s Cat have joined forces to develop the Simon’s Cat Meme Coin, along with the meme coin Floki.
Date of Launch and Coin Distribution for Simon’s Cat Meme
Rumor has it that the new coin will launch on August 8. Part of the coin supply will be dispersed among users trading Simon’s Cat using the Floki trading bot, and some will be airdropped to FLOKI token holders.
Furthermore, TokenFi, its brother, was founded in 2023 and contributes to its advancement. TokenFi is an expert in assisting established online companies with their tokenization into Web3 projects, enabling anyone to launch any cryptocurrency without knowing any code.
An animated television series called Simon’s Cat follows the naughty exploits of a ravenous home cat. More than 20 million people follow the series on Facebook, Instagram, and YouTube. Its content is mostly made up of cat-related videos and memes.
Impact on the Market and Brand Promotion Plan
Compared to the $36 billion dog memecoin market, the $2.9 billion cat memecoin market is far smaller but growing. Because of how it will be distributed, Simon’s Cat—the first notable cat memecoin on the BNB Chain—will raise the value of the FLOKI token.
The first genuine memecoin to be linked to a well-known business and related intellectual property is Simon’s Cat. With the Simon’s Cat intellectual property, Banijay brought about $5.8 billion in sales last year. The company intends to promote the new memecoin via its YouTube, Facebook, Twitter, and Instagram accounts, as reported by CoinDesk.
Disclaimer : This article was created for informational purposes only and should not be taken as investment advice. An asset’s past performance does not predict its future returns. Before making an investment, please conduct your own research, as digital assets like cryptocurrencies are highly risky and volatile financial instruments.
