In a significant move for the memecoin market, CAT was officially listed on Binance Spot at 5:00.
Notably, three hours before trading commenced, an address linked to Eugene Ng, the former co-founder of DWF Labs, transferred 12.9 billion CAT tokens—valued at approximately $830,000—into Binance, sparking speculation about a potential sell-off.
CAT 已在五点上线币安现货，而 DWF Labs 前联创 Eugene Ng 关联地址在开盘前三小时向 #Binance 充值了 129 亿枚 CAT（83 万美金），疑似卖出
这笔资金最早可追溯到 2024.08，从 Disperse 合约处收到了 90 亿枚 CAT，当时币价仅为 $0.00001547，目前翻了四倍之多😲
钱包地址 https://t.co/J3vgEMq0cU https://t.co/hOm11mjovY pic.twitter.com/gb7QYj61bP
— Ai 姨 (@ai_9684xtpa) December 17, 2024
Tracing back to August 2024, this influx of tokens originated from a Disperse contract transaction that delivered 9 billion CAT when the coin was priced at just $0.00001547. Since then, CAT’s value has quadrupled.
Key Highlights:
1. Wintermute’s Memecoin Holdings: CAT joins $FLOKI as the only BSC network tokens within Wintermute’s top 25 market-making assets. FLOKI, in fact, has played a significant role in CAT’s rise.
2. Binance Listings Increase: With CAT’s inclusion, the number of memecoins in Wintermute’s TOP25 that are now listed on Binance has risen to seven. This translates to 43.75% of Wintermute’s top-listed memecoins making it to Binance Spot.
3. Climbing the Ranks: Over the past two weeks, CAT has climbed from 9th to 4th place in Wintermute’s memecoin holdings. Currently, Wintermute holds CAT tokens valued at $9.47 million.
4. Airdrop to Binance HODLers: Binance will distribute an airdrop of 1.143 trillion CAT, representing 12.7% of its maximum supply. Post-airdrop, CAT’s circulation will reach an impressive 88%—a substantial share.
5. Whale Moves: The whale address ohfuckwallet.eth acted swiftly, purchasing 37.9 billion CAT for $1.59 million immediately after the listing announcement. Acquired at an average price of $0.00004529, the whale currently holds a floating profit of $635,000. Just 15 minutes before the market opened, the wallet recharged its CAT holdings into Binance, signaling a bet on tomorrow’s price surge.
Wintermute 赢麻，又是一个做市 Memecoin 上线币安现货👻
几组数据分享 / 强调
1️⃣ $CAT 是其做市持仓 TOP25 中唯二的 BSC 网络代币，另一个是 $FLOKI ，而 Floki 也是 CAT 背后明牌的推动力量2️⃣ 本次上线后，Wintermute TOP25 中上线币安现货的 Memecoin 数量增长到了 7… https://t.co/hOm11mjovY pic.twitter.com/YPPJG9LI40
— Ai 姨 (@ai_9684xtpa) December 16, 2024
The CAT listing on Binance not only highlights Wintermute’s strategic market positioning but also underscores the growing prominence of memecoins in mainstream exchanges.
Disclosure: This is not trading or investment advice. Always do your research before buying any Metaverse crypto coins.