(This was adapted from a Telegram post I wrote in response to a CATZ holder’s question about the potential I see in this project).
I see CatzCoin (CATZ) in the context of a growing ecosystem of meme coins. In that sense, I see Dogecoin as the archetype and biggest inspiration. In contrast to traditional investors who regard meme coins as a passing fad, I believe they reflect a new type of investor behaviour, which is also reflected in the success of meme stocks like GME. I think what we’re witnessing is just the beginning of this phenomenon. We have already seen dozens of DOGE lookalikes (mostly based on Shiba Inus) achieve multimillion-dollar valuations. In my opinion many of these coins lack the ‘meme-appeal’ that is the cornerstone of Dogecoin’s success. Even Shiba Inu (SHIB), for all its (extremely impressive) success, strikes me as rather derivative and uninteresting as a meme. Likewise for CateCoin (CATE), currently the largest cat-themed meme coin, the name of which is a blatant reference to Dogecoin.
As this sector matures and expands, I believe CatzCoin is very well-positioned to become established as the leading meme coin of cats. We are, simply put, cooler than the competition😎. Our charitable giving also set us apart from other meme coins including DOGE, giving CatzNation a sense of purpose, and setting the love of cats front-and-center in our community and our brand.
This is a long-term vision, and we are just getting started. CatzCoin is still just a kitten. It’s encouraging to remember that were CATZ to achieve a valuation just 1% that of DOGE (and I think we can do better than that!) it would represent a >220x increase for holders who bought CATZ at the current price (as of 18/04/22).
I hope this helps give you a feel for my optimism regarding the future of CATZ. This is not a sprint or a pump-and-dump. Experience shows that meme coin valuations tend to sky-rocket during bullish periods in crypto. Rain or shine, we’re working hard on setting up CatzCoin for massive success this year and in the years to come.
Wolfswelpe
Managing Director
Telegram: https://t.me/catzcoinofficial
Twitter: https://twitter.com/CatzCoin
CoinMarketCap: https://coinmarketcap.com/currencies/catzcoin/
CoinGecko: https://www.coingecko.com/en/coins/catzcoin
How to buy $CATZ: https://www.catzcoin.io/post/how-to-buy-catz-at-pancakeswap-a-step-by-step-guide/
